EQT Exeter Acquires Cleveland Portfolio Industrial Property For $100M

One of the recent industrial property transactions includes the sale of the Cleveland Portfolio in Glenwillow and Twinsburg, OH. The property, spanning approximately 1,200,000 square feet, was sold by First Industrial Realty Trust, with Scott McGregor being the seller's representative. EQT Exeter, represented by their broker, acquired the portfolio for a sale price of around $100,000,000, resulting in a price per square foot of $83.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $100,000,000 (Approx.)
• Address: Cleveland Portfolio
• Market: Glenwillow & Twinsburg, OH
• Square Footage: 1,200,000
• Seller: First Industrial Realty Trust - Scott McGregor
• Buyer: EQT Exeter

The transaction involved First Industrial Realty Trust as the seller, represented by Scott McGregor. The buyer, EQT Exeter, was represented by their broker. The sale of the Cleveland Portfolio in Glenwillow and Twinsburg, OH, marked a significant industrial property deal, with a sale price of approximately $100 million.