EQT Real Estate Industrial Value Fund V (EQT Real Estate), a fund managed by EQT, has completed the sale of a seven-asset truck terminal portfolio across the United States. The portfolio includes high-flow-through industrial facilities located across major freight corridors, supporting the growing need for efficient goods movement and regional distribution.
Assembled through a series of strategic acquisitions between 2021 and 2022, the portfolio comprises more than 312,000 square feet, 475 dock-high and drive-in doors, and spans 89 acres across Phoenix, Atlanta, Southern California’s Inland Empire, Texas and Wichita, Kan. The sites are fully paved, fenced, and located within three miles of major interstates, offering last-mile access to densely populated markets.
EQT implemented robust targeted leasing and site improvements to institutionalize and stabilize the portfolio. The properties are now leased to a diversified mix of national and regional logistics users.