EQT announced that the EQT Real Estate Logistics Value Fund V has completed the sale of 4.2 million square feet of U.S. logistics assets across two separate transactions, totaling 33 last-mile and bulk-distribution buildings throughout key metropolitan areas, including Nashville; Raleigh-Durham, N.C,; Louisville, Ky.; Philadelphia; New York; Tampa, Fla,; Miami; Indianapolis; Savannah, Ga.; Richmond, Va.; and Chicago.
The properties range in size from 16,000 square feet to more than 500,000 square feet. They are located near major population centers, key interstates and critical distribution infrastructure, including international airports and marine port terminals. The assets feature modern specifications, including clear heights of 30 feet and functional loading configurations suitable for a wide range of logistics and distribution users.
EQT Real Estate executed a hands-on value-creation strategy across each portfolio, focusing on leasing, capital improvements and op