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Prologis has acquired Alexander Commerce Park, a three-building, 441,072-square-foot logistics portfolio in Raleigh-Durham’s Research Triangle Park. The property sold for $80.2 million, according to public records.

JLL Capital Markets represented the seller, a partnership between Trinity Capital Advisors and Nuveen Real Estate.

The Class A portfolio is fully leased to four diverse tenants, including major regional and international users. Delivered in 2023, it features best-in-class rear-load logistics facilities with 32-foot clear heights, ESFR sprinklers, LED lighting, as well as abundant auto and trailer parking.