Panattoni sells 1.6M-SF Industrial Park, Midpoint Logistics Center, in Lancaster to Sterling

2/12/2025

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• Subcategory: Industrial: Distribution

• Tag: Sale

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Jones Lang LaSalle (NYSE: JLL), Panattoni

Panattoni Development Co. Inc. sold the 1.6-million-square-foot Midpoint Logistics Center in Lancaster to what the Dallas Business Journal reports is a likely affiliate of Sterling Investors LP. Dallas Central Appraisal District values the two sites at a combined $104.9 million.