EQT Real Estate sold a 10.5 million-square-foot logistics portfolio to an LBA Realty affiliate. The transaction includes 46 Class A buildings. These properties are located across 10 major Southeastern U.S. markets, including Atlanta, Charlotte, Savannah, and multiple Florida cities.
The portfolio serves a diverse tenant base ranging from regional distribution to advanced manufacturing. This acquisition provides LBA Realty with immediate scale in one of the nation's fastest-growing logistics regions. Strong population growth and connectivity to major ports and interstates drive demand in these markets.
The sale marks a successful disposition for the EQT Real Estate Industrial Value Fund V. The deal underscores continued investor demand for high-quality industrial assets, a key segment for real estate ETFs, despite broader market uncertainties.