Mapletree sells 25 U.S. logistics assets to EQT spanning 4.3m sq ft
The assets are located in dense infill submarkets along I-95, I-81, and I-10.
Mapletree Investments has sold a portfolio of 25 US logistics properties to EQT Real Estate.
The portfolio spans 4.3 million sq ft across key industrial markets, including Jacksonville, Nashville, Richmond, Atlanta, New York City, New Jersey, Pennsylvania, and South Florida.
The assets are located in dense infill submarkets along key transport corridors such as I-95, I-81, and I-10.
The properties feature an average clear height of 28 feet, low office finishes, and a mix of single-tenant and multi-tenant layouts, including shallow bay and bulk warehouse formats.
Most sites are situated close to major population centres and highway interchanges.
$1 = US$0.78