EQT Expands Logistics Portfolio With Southeast Industrial Deal

Business news

RADNOR, PA — EQT Real Estate has acquired a 2.4 million-square-foot industrial portfolio spanning Georgia and Florida, increasing its exposure to logistics assets tied to some of the Southeast’s fastest-growing freight and distribution corridors.

The acquisition, made through EQT Real Estate Industrial Value Fund VI, includes three fully leased distribution facilities in Savannah, Georgia; Jacksonville, Florida; and Lakeland, Florida, according to the company.

Financial terms of the transaction were not disclosed.

The deal reflects continued investor interest in industrial real estate serving major ports and transportation networks, even as broader commercial property markets face higher financing costs and economic uncertainty.

The Savannah facility is located roughly five miles from the Port of Savannah, one of the nation’s busiest container gateways. Jacksonville’s property is positioned near JAXPORT and regional highway infrastructure, while the Lakeland asset sits along the Interstate 4 corridor between Tampa and Orlando, a key distribution route for Florida.

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Together, the assets comprise approximately 2.4 million square feet of Class A logistics space and are leased to multiple tenants.

The acquisition strengthens EQT’s presence in markets that have benefited from population growth, supply chain diversification, and increasing demand for warehouse and distribution capacity.

According to the company, the facilities feature modern logistics specifications, including cross-dock configurations, large footprints, and high-clearance warehouse space designed to support efficient freight movement.

Matthew Brodnik, global chief investment officer at EQT Real Estate, cited transportation infrastructure and regional economic growth as key drivers behind the investment.

“The Southeast continues to stand out as one of the most important logistics corridors in the U.S., driven by population growth, expanding port activity, and the ongoing modernization of supply chains,” Brodnik said.

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Port activity remains a major factor supporting industrial demand in the region. The Port of Savannah handled 5.7 million twenty-foot equivalent units, or TEUs, in 2025, marking its second-busiest year on record, while JAXPORT moved more than 10 million tons of cargo during the same period.

Industrial properties near major ports have remained among the most sought-after commercial real estate assets as import volumes, e-commerce distribution needs, and domestic supply chain investments continue to support demand for strategically located warehouse space.

The seller was a Brookfield affiliate. Jones Lang LaSalle Securities, commonly known as JLL, advised the seller in the transaction through a team that included John Huguenard, Trent Agnew, and Will McCormack.

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