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Market Impact: 0.12
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 EstateInfrastructure & DefenseCompany Fundamentals
The news highlights 46 Class A logistics buildings totaling ~10.5 million square feet across 10 southeastern U.S. markets (Carolinas, Georgia, Florida, and Alabama). Assets average about ~230,000 square feet each and are positioned to serve a diverse tenant base supporting regional logistics needs. Overall impact appears limited based on the excerpt, with no indicated pricing, financing, or earnings implications.
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