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Henry Steinberg Of EQT Real Estate Acquires Industrial Portfolio From Hiew Yoon Khong For $575M

Property Image
SOLD
$575,000,000
HK
HS

Ohio

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Industrial4,400,000 SF
Sold
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Property Image
SOLD

Henry Steinberg Of EQT Real Estate Acquires Industrial Portfolio From Hiew Yoon Khong For $575M

Industrial4,400,000 SF
Sold
HK
HS
the dealplayerscompscontact
Contact now

Summary

Asset Type:Industrial
Price Per Square Foot:$130
Total Square Footage:4400000 SF
Transaction Type:Sale

The transaction involves an industrial portfolio comprising 25 warehouses, located across Connecticut and Florida. The total square footage of the assets amounts to 4,400,000, with the property carrying a price tag of $575,000,000, translating to a price per square foot of $131.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $575,000,000
  • Buyer: Henry Steinberg - EQT Real Estate
  • Seller: Hiew Yoon Khong - Mapletree Investments
  • Market: Connecticut & Florida
  • Square Footage: 4,400,000
  • Price per Square Foot: $131

This transaction reflects Mapletree Investments Pte's decision to divest from a significant logistics portfolio, marking its fourth U.S. logistics divestment within the past year. The assets are held across the Mapletree US & EU Logistics Private Trust and another logistics trust of Mapletree. The deal is anticipated to close within the current month.

Players

HS
EQT Exeter
Henry Steinberg
17 deals$2.4B volume
BUYER
HK
Mapletree
Hiew Yoon Khong
6 deals$3.9B volume
SELLER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Henry Steinberg & Hiew Yoon Khong DATE: 03/05/2026 ADDRESS: Industrial Portfolio MARKET: Connecticut & Florida ASSET TYPE: Industrial BUYER: Henry Steinberg - EQT Real Estate SELLER: Hiew Yoon Khong - Mapletree Investments PRICE: $575,000,000 SF: 4,400,000 ~ PPSF: $131 NOTE: Mapletree Investments Pte agreed to sell a 25-warehouse, 4.4-million-square-foot East Coast logistics portfolio to EQT Real Estate for $575 million, with the deal expected to close this month. The assets, held across the Mapletree US & EU Logistics Private Trust and another Mapletree logistics trust, span Connecticut to Florida and mark Mapletree’s fourth U.S. logistics divestment in the past year.

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