JLL Capital Markets closed the sale of 2 Hilton Ct., a 10.41-acre site, which will be redeveloped into a 123,000-square-foot warehouse in Parsippany, NJ by the purchaser, Link Logistics. Terms were not disclosed.

A JLL team led by senior managing directors Marc Duval and Jose Cruz, along with managing director Jordan Avanzato and directors Nicholas Stefans and Jason Lundy, worked on behalf of the seller, 2 Hilton Court LLC.

“The industrial market in northern New Jersey has been a strong performer despite the headwinds over the past few years and the quality locations that offer accessibility and labor remain a top choice for developers,” said Duval.

2 Hilton Ct. is located near the major I-80 and I-287 interchange in Morris County within the SED-10 zone, one of the specialized economic development districts in Parsippany. The site offers convenient access to major thoroughfares and is located less than 60 miles from three major international airports.