EQT Real Estate has recently sold a 7.3 million-square-foot institutional logistics portfolio comprising 36 modern distribution facilities across 12 major U.S. markets.
JLL represented the seller in the sale of the portfolio to an Ares Real Estate Fund. Working on behalf of the new owner, JLL also arranged the acquisition financing through a single-asset, single-borrower (SASB) execution led by Wells Fargo.
Strategically positioned in high-demand, supply-constrained corridors, the properties offer access to gateways and regional distribution markets, including Chicago; Cincinnati and Columbus, Ohio; Phoenix; Boston; Memphis; Kansas City, Mo.; Louisville, Ky.; Denver and across Florida, Texas and the Carolinas. This places the buildings within reach of major consumer markets and connects tenants to critical rail, interstate and intermodal infrastructure. The surrounding markets feature robust demographic growth, low unemployment and significant job creation, contributin