The Silverman Group has purchased a six-building, 1 million-square-foot industrial portfolio in the Richmond, Va., area called the Richmond Airport Logistics Portfolio. The transaction is one of the largest industrial transactions in the local market this year.

JLL Capital Markets represented the seller, which was not disclosed. SL Industrial Partners will manage the portfolio.

The properties included in the sale are:

• 4700 Eubank Road, Richmond, Va: 117,954 square feet
• 4800 Eubank Road, Richmond, Va: 445,381 square feet
• 5300 S. Laburnum Ave., Richmond, Va: 54,894 square feet
• 6601 S. Laburnum Ave., Richmond, Va: 168,378 square feet
• 5200 Anthony Road, Sandston, Va: 143,783 square feet
• 5401 Lewis Road, Sandston, Va: 71,651 square feet

The six assets, which sit on three sites, were built between 1971 and 1999 and are cumulatively 95 percent leased to 26 tenants. In-place rents for the facilities currently sit about 21 percent below market levels, with a weighted average lease term of less than three years.