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Molto Accelerates its Louisville Plans

LOUISVILLE—The industrial developer and investor recently launched a $100 million fund and has expanded activity in Louisville and Chicago.

By Brian J. Rogal | Updated on December 14, 2015

LOUISVILLE—Industrial developers may be breaking ground on a large number of speculative projects, but they are also finding tenants. After preleasing 74% of the first phase of a 1.2 million square foot, two-building project at Air Commerce Business Park in Louisville to Hillsdale Furniture, Molto Properties and Verus Partners have just decided to accelerate plans and break ground on the second phase.

Phase II will consist of a 645,840 square foot cross-dock industrial facility featuring 36′ clear height, trailer parking and ample car parking.

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