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Life Couriers gains new CEO with sale to private equity firm. Healthcare logistics is a hot market and private equity firm JLL is adding to its portfolio with a deal for specialized logistics firm Life Couriers. The post Life Couriers gains new CEO with sale to Healthcare logistics is a hot market and private equity firm JLL is adding to its portfolio with a deal for specialized logistics firm Life Couriers. The post Life Couriers gains new CEO with sale to private equity firm appeared first on FreightWaves. Why This Matters. Healthcare logistics firm Life Couriers has been acquired by private equity firm JLL. This marks another investment in the growing healthcare logistics sector. Why This Matters for Ecommerce Brands: Acquisitions like this signal increased investment and potential consolidation in specialized logistics. For ecommerce brands, this could mean fewer niche providers and potentially higher costs or longer lead times if their current partners are acquired or shift focus. Imagine a 15% increase in last-mile delivery costs for healthcare-related items. The SupliiChain Take: Proactively assess your current logistics provider's market position. Understand their financial stability and potential for acquisition. Review your service level agreements and explore alternative providers to mitigate future disruptions and cost increases. industry news freightwaves freight port By SupliiChain Team Updated: August 18, 2026

Beacon Partners sells The Station at LoSo for $91.8M. August 13, 2026. By elise franco | Real Estate editor Charlotte Business Journal. Beacon Partners has sold The Station at LoSo, a mixed-use development in lower South End, for nearly $92 million. The Charlotte developer closed Aug. 7 on its $91.8 million sale to Crestlight Capital and Corebridge Real Estate Investors, according to Mecklenburg County property records. Beacon will continue to handle office leasing and property management duties at the development. Beacon hired JLL to market The Station at LoSo, at 3600 and 3700 South Blvd. It was listed for sale in late February. Ryan Clutter, Mike McDonald, CJ Liuzzo and Daniel Flynn with JLL's capital markets investment sales and advisory team represented the seller. Detroit-based Crestlight and New York-based Corebridge did not have brokerage representation. JLL's Travis Anderson, Taylor Allison and Alexis Kaiser handled acquisition financing on behalf of the buyers. The development, which includes two Class A 100,000-square-foot, five-story office buildings with ground-floor retail, sits on 2.2 acres next to the Scaleybark light-rail station. It delivered in 2023. Beacon acquired the property in October 2021 for about $9.9 million, according to county property records. John Coury, founder and managing partner at Crestlight, said the firm has been tracking the Charlotte market for some time and saw The Station at LoSo development as a stable investment. Crestlight previously owned The Towers at SouthPark at 6000 and 6100 Fairview Road. The firm invested $20 million to upgrade the SouthPark office property. "(The Charlotte market) has been an outlier in terms of performance for office post-Covid," he said. "We really like the profile of this asset being like new construction and almost fully leased... This location is going to continue to improve as more multifamily fills in, and we think there's going to be even more recovery here." Clutter, senior managing director at JLL, told the Charlotte Business Journal that the process was competitive from start to finish and the sale price was within the asking range. The capital markets team conducted more than 30 tours throughout the sale process, he said. The Station at LoSo has experienced 36% rent growth year over year, Clutter said. That growth is driven by high demand and a lack of supply in new Class A and trophy office space, he said. "I think we share in (Crestlight's and Corebridge's) vision for the property that it's going to continue to experience great rent growth over the next few years." Clutter said. "With the capital markets still a little more challenged for office investing, it creates an ideal window to acquire these assets with strong leasing fundamentals and an opportunity to really push the return to attractive levels over the investment period." The development is about 90% occupied and has just 6,700 square feet of available space with prospective tenants showing serious interest. Clutter said that space will likely be leased in the very near future. Current tenants include Skyla Credit Union, which anchors the development with its 50,000-square-foot headquarters; Home Solutions, which relocated its office to the property in February; Elevate Sports Ventures; architecture firm CPL; Gambling.com; Beacon Partners; Dwell Design Studios; Crete United; Mythic; and V3 Southeast. The Station at LoSo also includes MAA LoSo, formerly Novel LoSo, a 344-unit apartment community at 4015 Craft St. that delivered in 2021. Charlotte-based Crescent Communities developed the site before selling it to Mid-America Apartment Communities for $140 million in September 2022. Ello House, a 343-unit property at 3615 Tryclan Drive developed by Proffitt Dixon Partners, delivered adjacent to the site in early 2024. It sold for $89.3 million in late July to Camden Property Trust. A third and final phase is expected to include ground-up office construction and additional multifamily units. In February, Beacon filed plans with the city of Charlotte for a 342-unit multifamily community to be built on a 3.8-acre parcel at 122 Freeland Lane, next to the office and retail buildings. The Station at LoSo will total about 1 million square feet once it is completely built out.

JLL appoints Nishant Kabra as Managing Director for Bengaluru. August 7, 2026 Mumbai, August 7, 2026: JLL has named Nishant Kabra as its new Managing Director for Bengaluru, expanding its leadership in India's largest commercial real estate market, the company announced on Wednesday. Kabra, who brings nearly 20 years of experience in commercial real estate, will oversee JLL's operations across all business lines in Bengaluru. He will also continue in his current position as Managing Director - Investment Sales and Debt Advisory for JLL's Capital Markets business in India. Bengaluru's office market scale. Bengaluru accounts for 27% of India's office leasing over the past decade and is home to more than 800 Global Capability Centres (GCCs), the highest concentration in the country. The city recorded 43.4 million sq. ft. of leasing activity by GCCs between 2022 and the first half of 2026, representing 38% of all GCC space take-up nationally, according to JLL. The market has 243.7 million sq. ft. of Grade A office stock, making it the largest such inventory in India and among the biggest in the Asia-Pacific region. Between 2022 and H1 2026, Bengaluru registered cumulative gross leasing of 82 million sq. ft., capturing 31.6% of all leasing by foreign occupiers in Q2 2026. Net absorption reached 8.3 million sq. ft. in H1 2026, a 24.2% year-on-year increase, accounting for 30.9% of pan-India absorption. Supply pipeline and investment trends. The city delivered 66.2 million sq. ft. of new office supply between 2022 and H1 2026, with an additional 18-19 million sq. ft. expected by the end of 2026. REIT-owned office space in Bengaluru now accounts for over 40% of India's total REIT-owned office market, reflecting strong institutional investor confidence. JLL noted that the market is seeing a "flight to quality" as occupiers seek premium assets, a trend accelerated by AI-driven transformation. Vacancy rates in core submarkets have fallen to single digits. Leadership comments. Radha Dhir, Chief Executive Officer, India, JLL, said Kabra's appointment aligns with the firm's Accelerate 2030 strategy and will strengthen its institutional investor connections in Bengaluru. "His proven success leading our Capital Markets business is a key asset that will strengthen our institutional investor connect, aligning with our Accelerate 2030 strategy to empower our people and drive integrated success for clients," Dhir said. Nishant Kabra said, "Bengaluru stands at an inflection point where unprecedented demand from global firms meets a maturing, quality-focused market. I am excited to lead JLL's efforts in helping clients make strategic decisions, whether securing premium space in supply-constrained submarkets or optimising portfolios for AI-driven transformation." About JLL. JLL is a global real estate services firm with operations across India, including significant presence in Bengaluru's commercial property sector. Disclaimer: This article is based on a press release provided by the concerned organisation and has been edited for style and clarity with the assistance of AI tools. BusinessFortnight does not verify, endorse, or take responsibility for the claims, figures, or statements made in the original release. [ad_1] Business Wire IndiaJLL, the largest International Property Consulting firm in India, has been ranked #1 for real estate capital markets transaction in MSCI Real Capital Analytics (RCA) for 2025. The New York-based MSCI Real Capital Analytics (RCA) rankings identify top commercial real estate investment brokers and advisors globally based on... March 19, 2026 In "Real Estate" August 4, 2026 In "Real Estate" [ad_1] Mumbai, Maharashtra, India: Over 6.97 million sq. ft of space leased to startups in H1 2022 Gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022 Delhi NCR witnessed leasing go up from 0.80 million sq. ft in 2021... November 29, 2022 In "Featured"