JLL arranges the sale of logistics facility in Durham, NC
United States, July 24 -- JLL Capital Markets announced the sale of LifeScience Logistics at Durham 85, a 250,541-square-foot, Class A logistics facility in Durham, North Carolina.JLL represented the seller, a joint venture between Scannell Properties and Manulife Investment Management, which sold the property to EastGroup Properties.The state-of-the-art facility, completed in 2024, is 100% leased to LifeScience Logistics, LLC, a leading supply chain service provider in the healthcare and pharmaceutical industries. The rear-load facility features institutional-quality design elements, including 32-foot clear heights, ESFR fire suppression and energy-efficient LED lighting throughout.Situated at 2360 Ferrell Rd., the property is the first bu...
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