EQT Real Estate Acquires 893625 Square Foot Industrial Portfolio Along New Jersey Turnpike

The transaction involved an industrial portfolio consisting of 11 buildings located along the New Jersey Turnpike. The asset has a total square footage of 893,625 and is fully leased. This portfolio offers stable income with the potential for value appreciation and provides strategic access to key markets in Philadelphia and New York City.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Seller: Henry Steinberg - EQT Real Estate
• Brokers: John Plower, Ryan Cottone, Nick Stefans & Jason Lundy - JLL
• Market: New Jersey, Philadelphia & New York

EQT Real Estate acquired the portfolio from an institutional seller who was represented by JLL Capital Markets. The transaction highlights the involvement of key representatives in navigating the complexities of the deal.