EQT Real Estate Industrial Value Fund V (EQT Real Estate), managed by EQT, has completed the sale of a 20-property logistics portfolio totaling approximately 4.4 million square feet across six Midwest markets.
The properties are located in Cincinnati; Cleveland; Columbus, Ohio; Dayton, Ohio; Louisville, Ky.; and St. Louis, placing tenants at the center of the national freight network and within a day’s drive of nearly half of the U.S. population. Each market combines deep labor pools with balanced supply and demand conditions, underpinning steady tenant demand for functional logistics space.
Tenants across the portfolio span the ecommerce, third-party logistics, distribution and light manufacturing sectors, occupying space that ranges from modern bulk distribution centers to infill light industrial buildings. Cross-dock and rear-load configurations, average clear heights of approximately 30 feet, and a