EQT Real Estate Industrial Core-Plus Fund II has completed the sale of a 36-property, 7.3 million-square-foot portfolio of institutional-grade logistics assets located across the United States. An Ares Real Estate fund acquired the portfolio, and Marq Logistics, which represents Ares’ vertically integrated global logistics real estate platform, will manage the portfolio.
The transaction represents the second tranche of a significant disposition out of EQT Real Estate’s Core-Plus industrial portfolio, following a previously completed sale announced in November 2025, at the time the largest U.S. industrial transaction in 2025. The phased execution underscores EQT’s ability to strategically segment and exit large-scale core distribution portfolios to maximize value across market cycles.
The assets are well-located across 12 key U.S. distribution markets, including Chicago; Columbus, Ohio; Phoenix; Dallas; Atlanta; and the Carolinas; with exposure to major logistics