Link Logistics Acquires 550,992-SF Eaton Logistics Facility in Raleigh Market
Link Logistics announced Oct. 12 that it has acquired the Eaton Logistics Facility, a 550,992-square-foot industrial property at 2545 Innovation Loop in Youngsville, North Carolina, within the Franklin County submarket of the Raleigh market. The facility was 100% leased at the time of the acquisition.
The sellers, Summit Real Estate Group and an institutional partner, were represented by JLL in the transaction.
Property Details: Eaton Logistics Facility in Youngsville
Completed in 2026, the Class-A distribution center features 40-foot clear heights, a cross-dock configuration and direct access to U.S. Route 1. The property serves as a warehousing and distribution hub supporting manufacturing operations in the Raleigh area. Eaton Corp. is the occupant of the building, which is also identified as Phase III of US 1 North Commerce Center.
The asset is a single distribution facility. Summit Real Estate Group has described the building as a 550,992-square-foot Class-A cross-dock facility leased to Eaton Corp.
Link Logistics Executives Comment on Raleigh Investment
Andrew Goodman, senior managing director, Investments, at Link Logistics, said: "We continue to see compelling opportunities in markets supported by population growth, business investment and expanding industrial demand. This property combines scale and a strategic location that complement our long-term investment approach."
Nicholas Brady, managing director, Investments, at Link Logistics, said: "The Raleigh market benefits from a diverse economic base, significant manufacturing activity and access to major transportation corridors. Those fundamentals, along with durable demand for modern distribution space, make this a strong addition to our portfolio."
Seller Representation by JLL and Summit Real Estate Group
Summit Real Estate Group and an institutional partner sold the property, with JLL representing them and arranging the sale. The facility was delivered in 2026 and was fully leased at the time of the transaction, meaning the buyer acquired an income-producing asset rather than a lease-up property.
About Link Logistics
Link Logistics describes itself as an operator of last-mile industrial real estate and warehouse properties. Established by Blackstone in 2019, the company reports a portfolio of approximately half a billion square feet of warehouses across the U.S.
Raleigh Industrial Market Context
The Youngsville acquisition adds a recently completed, cross-dock distribution building to Link Logistics' holdings in a market the company characterizes as supported by population growth, business investment, manufacturing activity and access to major transportation corridors. The facility's specifications and U.S. Route 1 access are oriented toward regional manufacturing supply chains and high-throughput logistics users.
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