Investment Summary

Ashton Logistics Park is a 523,407 square-foot pair of speculative industrial-distribution buildings. Ground-breaking on the property occurred in August of 2022 and the project delivered in January of 2024. Building 1 was fully occupied by Article.com as of January of 2024 and Building 2 was fully occupied by Shepherd Electric Supply as of September of 2024. The portfolio was sold in May of 2026.

Investment Info

Status: Realized
Sub-Market: I-95 S/I-295 S/Rt 10
Property Type: Industrial
Square-Footage: 523,407
Strategy: Development
Sub-Strategy: Speculative
Entry Date: Jul 28, 2022
Exit Date: May 19, 2026
Total Capitalization: $59,389,806
Exit Price: $78,200,000
Lingerfelt Role: Developer, General Partner

Location

Project Team

Developer

General Contractor
Civil Engineer