TL;DR
EQT Real Estate has acquired a 20-property industrial portfolio in southern New Jersey and South Florida with $296 million in financing from Wells Fargo. The portfolio is over 93% leased with nearly 40 tenants.
EQT Real Estate has sealed $296 million of acquisition financing for the purchase of a 20-property industrial portfolio in southern New Jersey and South Florida, Commercial Observer can first report.
Wells Fargo supplied the five-year, floating-rate loan for EQT’s acquisition of the industrial infill assets comprising 2.4 million square feet.
The 20-property portfolio is more than 93 percent leased with a diverse mix of nearly 40 tenants, according to CBRE, which negotiated the debt. The addresses of the properties were not disclosed.
CBRE arranged the transaction with a team consisting of Tom Traynor, Tom Rugg, Steve Roth, Mark Finan, Ryan Kieser and Henry Fenmore.
“The underlying investment reinforces our focus on well-located, infill industrial assets in supply-constrained markets with sustained tenant demand where we aim to drive value through active asset management and leasing,” Brian Ford, head of debt capital markets at EQT Real Estate, said in a statement.
In this story
This story was originally published by Andrew Coen in Commercial Observer on June 12, 2026. Burnaze summarizes and links to the original reporting.
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