SparrowHawk, a Houston-based industrial real estate investment and management firm, has acquired a 20-property, 4.4 million-square-foot portfolio located across six high-demand Midwest logistics markets. The acquisition price was just under $400 million.
The assets are in St. Louis; Cincinnati, Cleveland, Columbus and Dayton, Ohio; and Louisville — strategic regional growth markets that connect the Midwest to top population centers throughout the country. The portfolio includes a diversified geographic and tenant mix of national and regional companies operating across logistics, distribution, manufacturing, ecommerce, pharmaceutical and related industries.
EQT was the seller of the Central Logistics Portfolio. JLL’s Industrial Capital Markets group represented Exeter and SparrowHawk in the transaction.
“This acquisition accelerates SparrowHawk’s strategic expansion in the Midwest with a portfolio that is integral to connecting industrial occupiers to the