Innovation Logistics Center I — Sale in Salisbury, NC
- Price: $2
- Listing type: For sale
- Asset type: Industrial Property
- Location: Salisbury, NC 28146
- Year built: 2024
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Description
Jones Lang LaSalle Americas, Inc. ("JLL"), as exclusive advisor, has been retained to market the opportunity to acquire the fee simple interest in Innovation Logistics Center – Building I (the "Project", "Offering" or "ILC I"), a 712,574 SF Class A logistics facility located alongside I-85 in the Charlotte MSA. The Project is 100% leased to Exel Inc. d/b/a DHL Supply Chain (USA) (the “Company” or "DHL"), with a corporate guarantee from its parent DHL AG (Moody's: A2; S&P: A). Originally a 12-year lease, the Project delivers investors with long term, appreciating cash flow via 3.00% annual escalators and enhanced lease security backed by investment-grade tenancy over its ten (10) years of remaining term. Located on the highly-coveted I-85 corridor, ILC I serves as DHL’s exclusive distribution platform for Eli Lilly and Company’s $2+ billion parenteral manufacturing campus in Concord, located less than twenty (20) miles south along the interstate. The facility anchors a closed-loop supply chain in which raw materials and medical-grade plastics flow inbound to Salisbury, move to Concord for manufacturing, and return as finished GLP-1 product for controlled cold storage and distribution, with approximately $5 billion of product moving through the building each quarter. Purpose-built to DHL’s specifications and designated the #1 facility among the approximately forty (40) DHL opened nationwide in 2025, ILC I was configured with dual shipping and receiving — separate truck courts dedicated to the Concord (CON) and Raleigh (RTP) legs so that inbound and outbound flows never compete. The Project was delivered to pharmaceutical-grade standards rarely found in speculative logistics product, reflecting $40+ million of collective investment between Ownership and Tenant. FM Global — the shared insurer of both Eli Lilly and DHL — opined directly on building features to secure A+ coverage standards. The facility provides 100% HVAC climate control (60-77°F) throughout, enhanced by 4
Market Context
This industrial in Salisbury, NC is listed for sale at $2. The building dates to 2024. Compare it against other industrial listings for sale in Salisbury, NC — view the full market.
Contact
- Pete Pittroff · 7049069943 · pete.pittroff@jll.com
- Dave Andrews · 8438055110 · david.andrews@jll.com
- Michael Scarnato · 7045262829 · michael.scarnato@jll.com
- Michael Lewis · 7046782370 · michael.lewis@jll.com
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