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Henry Steinberg Of EQT Real...

EQT Real Estate Acquires 13-Property Industrial Portfolio Across Seven US Markets For 1.6M SF
SOLDIndustrial

EQT Real Estate Acquires 13-Property Industrial Portfolio Across Seven US Markets For 1.6M SF

Building Size

1,600,000 SF

Asset Type

Industrial

Closing

Jan 8, 2026

AI

EQT Real Estate acquired a 13-property industrial portfolio totaling 1.6 million square feet across seven U.S. markets, including Chicago, Orlando, Houston, and Indianapolis. The assets were built around 2015 and feature 30-foot clear heights and flexible footprints suitable for last-mile distribution. This acquisition was made through EQT's Industrial Value Fund VI.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 1,600,000 SF
  • Address: Industrial Portfolio
  • Market: Orlando, Fla., Jacksonville, Fla., Chicago, Greenville-Spartanburg, S.C., Houston, San Antonio & Indianapolis
  • Buyer: Henry Steinberg - EQT Real Estate
  • Broker: Jose Lobon - CBRE

CBRE represented the seller in this transaction, aligning with EQT Real Estate's strategy of targeting infill logistics properties amid constrained new development, focusing on institutional-grade assets across key markets.

Players

Jose Lobon

CBRE

Broker

$3.8B

vol

53 deals

Broker

Henry Steinberg

EQT Exeter

Buyer

$2.9B

vol

21 deals

Buyer

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93