A recently developed logistics center in central Pennsylvania has been acquired by a Swedish investment group. Specifically, EQT Real Estate announced that its Industrial Core-Plus Fund IV acquired the approximately 809,000-square-foot distribution center at 8032 State Route 183 in Bernville. The property, known as I-78 Commerce Center, was purchased from Atlanta-based Core5 Industrial Partners. The… Read more »
Since 2006, Ward Fitzgerald has overseen the growth of Conshohocken-based Exeter Property Group into EQT Exeter, a global real estate company focused on industrial real estate though it also dabbles in residential, office and life sciences space. The company was formed last year after Exeter Property Group sold to Stockholm private equity firm EQT AB in… Read more »
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… Read more »
