Swedish investment firm EQT Real Estate has sold a 10.5 million square-foot logistics portfolio spanning 46 Class A buildings to an affiliate of California-based LBA Realty. The transaction, advised by John Huguenard, Trent Agnew, and Will McCormack of JLL, covers properties across 10 Southeastern U.S. markets including Charlotte, Atlanta, and Orlando.
The portfolio, averaging roughly 230,000 square feet per building, serves third-party logistics, regional distribution, and advanced manufacturing. Key regional infrastructure supporting the assets includes the Port of Savannah, JAXPORT, Inland Port Greer, and major interstate corridors such as I-85 and I-95.
EQT Real Estate cited ongoing population growth in the Southeast, based on U.S. Census Bureau estimates, as a factor supporting demand for logistics space. The financial terms of the sale were not disclosed in the announcement.
Matthew Brodnik, Global Chief Investment Officer at EQT Real Estate, said the firm's local teams enhanced value through leasing and hands-on management across the portfolio. The deal was announced from EQT’s headquarters in Radnor, Pennsylvania.
