CenterPoint Properties and a confidential partner have sold an eight-property, class A industrial portfolio totaling more than 3.8 million square feet of existing assets and 144 acres of land in Pleasant Prairie, Wis., and North Chicago, Ill.
EQT Exeter acquired the portfolio for an undisclosed sales price.
“In these times of economic uncertainty, we are even more focused on selectively buying high quality and well-located real estate like LakeView to serve our global tenant relationships,” said Matt Brodnik, EQT Exeter CIO.
The eight properties are fully leased to nine tenants and offer users benefits including 32-foot average clear heights, ample loading and fully circulating truck courts. The properties include:
8123 116th St., Pleasant Prairie, Wis.
8495 116th St., Pleasant Prairie, Wis.
8500 109th St., Pleasant Prairie, Wis.
10490 88th Ave., Pleasant Prairie, Wis.
11290 80th Ave., Pleasant Prairie, Wis.