LOUISVILLE—Louisvillemay not be the most well-known industrial market in the nation,butMoltoPropertiesis having greatsuccess in the region. The Oakbrook Terrace, IL-based company andits partnerVerusPartnershave just soldAirport Commerce Center One, their new 622,426 square footcross-dock facility, located just two miles south of LouisvilleInternational Airport, for an undisclosed amount toStone MountainIndustrial Park, Inc., an affiliateofPattillo IndustrialReal Estate.ChrisRileyof theNational InvestmentPartnersatCBREmarketed theproperty for sale.“Our investment inthe Louisville market was based on a belief that e-commerce willcontinue to revolutionize how and where retailers distribute goodsto consumers,”ToddNaccarato, managingprincipal of Molto, tells GlobeSt.com. “As a former owner of abusiness distributing goods to retailers we saw the attraction ofproximity to a strong labor pool and the transportation benefits ofLouisville.”Molto purchased the83-acre site in 2014 and completed this facility in December 2015.It was the company's first development in Louisville, and it gotoff to a great start.HillsdaleFurniture, a designer,importer and marketer of bedroom, dining room, occasional andaccent furniture, agreed to occupy 74% of the facility even beforeit was finished. Verus Partners was the project's developmentmanager.And the partnershave already decided to push ahead with additional development.Molto and Verus broke ground on Airport Commerce Center Two, a645,840 square foot facility in November 2015.PepperConstructionwas selected asgeneral contractor. The companies expect to complete the buildingin November 2016."We are excited by the success of our firstproject in Louisville, and first project with VerusPartners,” Naccaratoadds. “We would like tothank KevinGrove,Doug Butcherand Chris Riley of CBRE for theirimportant contribution to the Project's successful leasing andsale."The facility features a 36' clear height, 7”unreinforced floor slab, motion sensor activated T5 lighting, 86dock doors and 120 trailer stalls. The site is located in theLouisville Renaissance Zone, a 470-acre businesspark.LOUISVILLE—Louisvillemay not be the most well-known industrial market in the nation,butMoltoPropertiesis having greatsuccess in the region. The Oakbrook Terrace, IL-based company andits partnerVerusPartnershave just soldAirport Commerce Center One, their new 622,426 square footcross-dock facility, located just two miles south of LouisvilleInternational Airport, for an undisclosed amount toStone MountainIndustrial Park, Inc., an affiliateofPattillo IndustrialReal Estate.ChrisRileyof theNational InvestmentPartnersatCBREmarketed theproperty for sale.“Our investment inthe Louisville market was based on a belief that e-commerce willcontinue to revolutionize how and where retailers distribute goodsto consumers,”ToddNaccarato, managingprincipal of Molto, tells GlobeSt.com. “As a former owner of abusiness distributing goods to retailers we saw the attraction ofproximity to a strong labor pool and the transportation benefits ofLouisville.”Molto purchased the83-acre site in 2014 and completed this facility in December 2015.It was the company's first development in Louisville, and it gotoff to a great start.HillsdaleFurniture, a designer,importer and marketer of bedroom, dining room, occasional andaccent furniture, agreed to occupy 74% of the facility even beforeit was finished. Verus Partners was the project's developmentmanager.And the partnershave already decided to push ahead with additional development.Molto and Verus broke ground on Airport Commerce Center Two, a645,840 square foot facility in November 2015.PepperConstructionwas selected asgeneral contractor. The companies expect to complete the buildingin November 2016."We are excited by the success of our firstproject in Louisville, and first project with VerusPartners,” Naccaratoadds. “We would like tothank KevinGrove,Doug Butcherand Chris Riley of CBRE for theirimportant contribution to the Project's successful leasing andsale."The facility features a 36' clear height, 7”unreinforced floor slab, motion sensor activated T5 lighting, 86dock doors and 120 trailer stalls. The site is located in theLouisville Renaissance Zone, a 470-acre businesspark.