EQT Real Estate announced that its EQT Real Estate Industrial Value Fund VI has acquired a portfolio of 25 logistics properties totaling more than 4.3 million square feet across major U.S. industrial markets from Mapletree Investments.
The portfolio spans key logistics hubs including Jacksonville, Nashville, Richmond, Atlanta, New York City, New Jersey, Pennsylvania, and South Florida. The properties are situated in dense infill submarkets along major transport corridors such as Interstate 95, Interstate 81, and Interstate 10, providing strong access to major population centers and distribution networks.
According to the announcement, the properties feature an average clear height of 28 feet and relatively low office buildouts, characteristics that make them well suited for logistics and distribution operations. The portfolio includes a mix of single-tenant and multi-tenant buildings and combines shallow-bay facilities with larger bulk warehouse formats.
EQT Real Estate said the acquisition reflects its continued confidence in the long-term demand for industrial real estate and its strategy of investing in logistics assets located in supply-constrained markets. The firm intends to apply an active management approach to the newly acquired portfolio, focusing on targeted leasing initiatives, site improvements, and selective redevelopment to unlock additional value.
Support: The transaction was advised on the seller side by John Hugenard of JLL.
KEY QUOTE:
“This investment reflects our high-conviction, thematic approach to investing in infill logistics across the U.S., where we see strong long-term demand for well-located industrial assets. We believe the portfolio serves as a compelling addition to our U.S. logistics platform and look forward to building on the portfolio’s strong fundamentals through our active ownership approach.”
Matthew Brodnik, Chief Investment Officer at EQT Real Estate