Source link : https://europ.info/2025/10/15/eqt-expands-industrial-footprint-with-11-building-894000-sq-ft-portfolio-along-new-jersey-turnpike/
In a significant move for the industrial real estate market, EQT has acquired an expansive 11-building portfolio totaling 894,000 square feet strategically located along the New Jersey Turnpike. This transaction, reported by JLL, underscores the growing demand for logistics and warehousing space in prime commuter corridors. The New Jersey Turnpike, a vital artery for trade and transportation, continues to attract investments, reflecting the resilience and expansion of the industrial sector amidst evolving market dynamics. As companies increasingly seek efficient distribution solutions, EQT’s latest acquisition positions it to capitalize on the region’s robust economic activity and infrastructure advantages.
EQT Expands Industrial Footprint with Strategic Acquisition in New Jersey
EQT’s recent expansion in New Jersey is poised to bolster its presence in the rapidly growing industrial sector. The acquisition encompasses a remarkable 11-building portfolio, totaling an impressive 894,000 square feet of industrial space strategically located along the New Jersey Turnpike. This move reflects EQT’s commitment to meeting the increasing demand for logistics and distribution facilities, especially in a region characterized by its advantageous proximity to major urban markets and transportation networks. JLL, representing EQT in this acquisition, noted that the addition of these properties aligns seamlessly with the company’s long-term growth strategy in the industrial…
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Author : Olivia Williams
Publish date : 2025-10-15 03:25:00
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