EQT sells 8.7 mln sq ft U.S. logistics portfolio — 25-asset sale.

EQT Real Estate, the logistics specialist within the EQT Group platform, has closed what the firm describes as the largest U.S. industrial disposal of 2025: a nationwide package of 25 properties totalling 8.7 million sq ft across 13 major distribution hubs.

The portfolio, assembled and actively operated by EQT Real Estate since 2020, comprises modern, institutional-grade warehouses concentrated in markets including Atlanta, Chicago, New York, Phoenix and multiple Texas metros. The assets feature design specs aligned with contemporary logistics needs — high clear heights, efficient truck courts and recent vintage construction — and were rented to a diversified mix of e-commerce, retail and industrial users.

Matthew Brodnik, Global CIO at EQT Real Estate, framed the transaction as the payoff from a multi-year platform strategy: selective acquisitions, targeted development and hands-on asset management to stabilise cash flows and generate scale. The exit reflects persistent institutional demand for stabilized logistics properties that combine scale with constrained local supply.

Institutional appetite for logistics remains strong as occupier demand outpaces new completions in many coastal and Sun Belt submarkets. National industrial vacancy has tightened versus pre-pandemic averages, while modern large-bay space continues to command rent premiums. Buyers are typically drawn to portfolios offering geographic diversification and long lease profiles—attributes emphasised in this sale.

Market participants say the structure and quality of the package — 25 contemporary buildings totalling nearly 9 million square feet across 13 markets — made it attractive to a broad buyer set seeking scale exposure without single-asset concentration. The deal also underlines a trend toward portfolios that can deliver institutional-level income and operational upside through active leasing and modest redevelopment.

Advisers on the transaction included brokers who assisted with marketing and buyer engagement. While the buyer was not disclosed in public comments, the exit will be watched by owners and lenders tracking benchmark pricing for large-scale industrial portfolios in supply-constrained submarkets. For EQT, the disposal crystallises proceeds from a concentrated logistics strategy and frees capital for new platform initiatives in Europe and North America.