EQT Real Estate sells 10.5 million sq ft Southeast logistics portfolio to LBA Realty

M&A · Partnership
โดย PR Newswire·US·Read original
Summary · why it matters

EQT Real Estate has completed the sale of a 46-building logistics portfolio totaling approximately 10.5 million square feet across the southeastern United States to an affiliate of California-based LBA Realty. The portfolio, held by the EQT Real Estate Industrial Value Fund V, spans 10 markets in the Carolinas, Georgia, Florida, and Alabama, including Charlotte, Atlanta, Savannah, Tampa, Orlando, and Huntsville. The Class A buildings average roughly 230,000 square feet and serve tenants in third-party logistics, regional distribution, and advanced manufacturing. EQT Real Estate's Global Chief Investment Officer Matthew Brodnik said the sale marks a natural point to crystallize the investment, citing sustained population growth and strong port and interstate connectivity driving logistics demand in the region. JLL advised EQT Real Estate on the transaction.

Impact on stocks 3

Real Estate · 1 stocks
Jones Lang LaSalle Incorporated
JLL
▲ PositiveCapitalrelevance

JLL advised EQT Real Estate on the sale of the 10.5 million sq ft logistics portfolio, generating advisory fees.

Energy Transition & Power Demand · 1 stocks
Spatial Computing / AR/VR · 1 stocks

Off-coverage companies 1

LBA RealtyPrivate▲ Positive
Capitalrelevance

LBA Realty acquired the 46-building, 10.5 million sq ft Southeast logistics portfolio from EQT Real Estate.