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EQT Real Estate announces the sale of a 10.5 million square foot Southeast logistics portfolio to an affiliate of California based LBA Realty
Source: PR Newswire
Housing & Real EstateTransportation & LogisticsCompany Fundamentals
The news describes 46 Class A logistics buildings totaling ~10.5 million square feet across 10 southeast markets spanning the Carolinas, Georgia, Florida, and Alabama. Assets average about ~230,000 square feet each and are leased to a range of tenants servicing the Southeast. Overall, this is a largely descriptive update with limited indication of near-term earnings or market-wide impact.
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