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Molto and Verus Push Ahead in Louisville

LOUISVILLE—The partners have just sold their first big project in the region, and broken ground on the second.

lou-Molto-ACPHASEI The new facility by Molto is near the airport; the companies recently embarked on a second building on the site.

LOUISVILLE—Louisville may not be the most well-known industrial market in the nation, but Molto Properties is having great success in the region. The Oakbrook Terrace, IL-based company and its partner Verus Partners have just sold Airport Commerce Center One, their new 622,426 square foot cross-dock facility, located just two miles south of Louisville International Airport, for an undisclosed amount to Stone Mountain Industrial Park, Inc., an affiliate of Pattillo Industrial Real Estate.

Chris Riley of the National Investment Partners at CBRE marketed the property for sale.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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