EQT Exeter has picked up an eight-building industrial portfolio in Naamans Creek Business Center in Boothwyn for $48.45 million. 

The seller of the buildings, which total 265,757 square feet on 45 acres and were 100% leased at the time of sale. The properties are located off Route 322 and just a short distance from Interstate 95 and Philadelphia International Airport.

The buildings were assembled in three separate transactions that totaled around $28 million. The transaction with EQT Exeter highlights how the value of these flex and industrial buildings have grown over time. 

*Article courtesy of Philadelphia Business Journal

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