EQT Real Estate Acquires Industrial Portfolio In Savannah Jacksonville And Lakeland For $2.4M SF

The transaction involves the sale of an industrial portfolio comprising 2,400,000 square feet of logistics assets located across Savannah, Georgia, and Jacksonville and Lakeland in Florida. The properties are fully leased and classified as Class A assets, strategically positioned near major ports and the I-4 corridor. The portfolio is anchored by blue-chip tenants in high-growth distribution markets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Asset Size: 2,400,000 square feet
• Address: Industrial Portfolio
• Market: Savannah, GA; Jacksonville & Lakeland, FL
• Buyer: Matt Brodnik & Henry Steinberg - EQT Real Estate
• Seller: Bruce Flatt - Brookfield
• Brokers: John Huguenard, Trent Agnew & William McCormack - JLL

EQT Real Estate’s Industrial Value Fund VI successfully acquired the logistics portfolio from a Brookfield affiliate, thereby expanding its industrial holdings in the Southeast U.S. This acquisition reflects the firm’s strategy to invest in fully leased assets in prime distribution locations.