The transaction involves a 38-property industrial portfolio located in key U.S. markets, including Phoenix, Columbus, and Louisville. The acquisition loan amounts to $595,000,000, which will support the expansion efforts of EQT Exeter within these markets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $595,000,000
• Lender: Morgan Stanley & Sumitomo Mitsui Banking Corporation
• Landlord: EQT Exeter
• Market: Phoenix; Columbus, OH; & Louisville, KY
• Loan Type: Acquisition

The brokers involved in this transaction are Mark Finan, Steve Roth, Thomas (Tom) Traynor, and Tom Rugg, all representing CBRE. This financing represents the largest bank balance sheet financing for an industrial portfolio this year, highlighting the strategic importance of this acquisition.