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EQT Exeter Adds Nearly 5M-SF Industrial Portfolio Across Southeast, Midwest
EQT Exeter said Monday that the EQT Exeter Industrial Value Fund VI has acquired 33 industrial assets in prime submarkets across the U.S. The purchase price was not disclosed. Twenty-one of the assets are located in markets with an EQT Exeter office.
The portfolio spans more than 4.5 million square feet of bulk and last-mile industrial facilities with an average building size exceeding 138,000 square feet. The properties are located across four core regional markets, including the Southeast; the “E-Commerce Triangle” (Louisville, Cincinnati and Indianapolis); the Midwest; and El Paso, TX.
With 34 unique tenants, the portfolio is approximately 90% leased with staggered lease terms. EQT Exeter intends to enhance value through the make-ready and lease-up of the remaining 428,000 square feet of available space.
Chris Riley of CBRE arranged the transaction with assistance from Ryan Bain, Frank Fallon, Judd Welliver, José Lobón, Jonathan Beard and Jonathan Bryan of CBRE National Partners.
Michael Brennan will receive Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!
- ◦Sale/Acquisition
