Phil Belling Of LBA Realty Acquires Southeast Logistics Portfolio From EQT Real Estate For $10.5M

The Southeast Logistics Portfolio consists of 46 buildings that have a total square footage of 10.5 million square feet. This Class A industrial portfolio spans across several Southeast markets including the Carolinas, Georgia, Florida, and Alabama.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: Southeast Logistics Portfolio
• Market: Carolinas, Georgia, Florida, Alabama, Charlotte, Greensboro, Greenville-Spartanburg, Atlanta, Savannah, Tampa, Orlando, Jacksonville, Birmingham & Huntsville
• Buyer: Phil Belling - LBA Realty
• Seller: Henry Steinberg & Matt Brodnik - EQT Real Estate
• Brokers: John Huguenard, Trent Agnew & William McCormack - JLL

EQT Real Estate was represented in the transaction by JLL’s John Huguenard, Trent Agnew, and William McCormack. The buyer, an affiliate of LBA Realty, acquired the logistics portfolio from EQT Real Estate, marking a significant real estate transaction in the Southeast region.