Link Logistics has acquired a 402,444-square-foot industrial property in Louisville’s Southside/Airport submarket, expanding its position near one of North America’s largest air-cargo operations.
The property at 5100 Jeff Commerce Drive puts additional warehouse space in Link’s portfolio close to UPS Worldport, GE Appliance Park and Ford’s Louisville Assembly Plant. Link said the acquisition takes its industrial holdings across the Louisville market to more than 5 million square feet.
The company did not disclose the purchase price, seller, current occupancy, tenant roster or financing arrangements.
For warehouse and distribution users, the location is the more significant part of the transaction.
Louisville Muhammad Ali International Airport is home to UPS Worldport, a 5.2 million-square-foot sorting hub that connects Louisville with 220 countries and territories, according to the Louisville Regional Airport Authority.
The airport handled a record 7.49 billion pounds of cargo in 2025, up 13% from the previous year. The airport authority said Airports Council International World ranked Louisville No. 1 in North America and No. 3 globally for cargo operations.
That infrastructure gives industrial properties around the airport direct exposure to a distribution ecosystem built around time-sensitive air freight as well as Louisville’s manufacturing base.
Link described 5100 Jeff Commerce Drive as a Class-A property and said it provides an immediate leasing opportunity. Commercial-property listings before the acquisition had marketed about 304,385 square feet at the building as available, although Link did not disclose how much space is currently vacant.
The distinction matters because Louisville’s broader warehouse market is carrying both leasing activity and a sizable development pipeline.
Cushman & Wakefield recorded 1.4 million square feet of bulk-industrial leasing in Louisville during the first quarter of 2026, slightly above the 1.3 million square feet recorded a year earlier. At the same time, 6.5 million square feet of bulk space was under construction, creating the potential for higher vacancy if demand does not keep pace with deliveries.
By the second quarter, the brokerage described market activity as having returned to the more moderate and consistent conditions seen during the preceding five quarters.
That makes Link’s acquisition less a straightforward bet on warehouse scarcity than an expansion in a specific logistics location. The property adds substantial existing inventory near Louisville’s air-cargo infrastructure while giving Link space it can market to occupiers.
The deal also follows another recent acquisition by the company. In July, Link announced the purchase of two fully leased Texas industrial properties totaling 352,396 square feet, including a facility in the Coppell/DFW Airport market and another in Round Rock.
Link, established by Blackstone in 2019, operates more than 460 million square feet of warehouse space across roughly 3,000 U.S. industrial properties, according to company figures as of March 31.
CBRE represented Link in the Louisville transaction. NAI Fortis and Lee & Associates represented the seller, whose identity was not disclosed.
For Link, the deal increases an already substantial Louisville portfolio. For prospective occupiers, its significance will depend partly on how much of the 402,444-square-foot building is available following the acquisition — a figure the company has yet to provide.