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EQT Real Estate Sells 10 Million SF Southeast Logistics Portfolio

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Sig3.40Sen+1.60Env0.00Soc0.00Gov0.00

EQT Real Estate sold a 10M SF Southeast logistics portfolio covering 46 buildings across the Carolinas, Georgia, Florida and Alabama to California-based LBA Realty. EQT said industrial properties in the region have become more valuable as population grew, driven by a 6% South increase over the past decade. The deal follows other recent EQT industrial sales and a $1.2B Rexford purchase.

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