Jones Lang LaSalle IncorporatedJLL advised EQT Real Estate on the sale of the 10.5 million sq ft logistics portfolio, generating advisory fees.

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.
Jones Lang LaSalle IncorporatedJLL advised EQT Real Estate on the sale of the 10.5 million sq ft logistics portfolio, generating advisory fees.
EQT Corporation
Meta Platforms Inc.LBA Realty acquired the 46-building, 10.5 million sq ft Southeast logistics portfolio from EQT Real Estate.