EQT Exeter has closed a $6.8 billion, 70.5 million-square-foot portfolio sale on behalf of its private real estate funds, EQT Exeter Industrial Value Fund IV and related investment vehicles. The buyer is a newly formed global partnership.
The portfolio is comprised primarily of logistics properties that serve the supply chains of major corporations, including facilities for “big-box” regional distribution, ecommerce fulfilment, and last-mile distribution. The portfolio spans the top five U.S. distribution hubs of New York, Dallas, Atlanta, Chicago and Los Angeles and the key ecommerce and air cargo hubs of Memphis, Indianapolis, Columbus and Louisville.