EQT Real Estate Buys 4.8 MSF Logistics Portfolio

October 28, 2025

The asset collection spans five major distribution markets.

Exterior shot of the industrial building at 6055 Commerce Drive in Whitestown, Ind. — One of the industrial buildings that EQT acquired is at 6055 Commerce Drive in Whitestown, Ind. *Image courtesy of EQT Real Estate*

EQT Real Estate Logistics Value Fund VI and EQT Real Estate Industrial Core-Plus Fund IV have acquired an 11-building, 4.8 million-square-foot logistics portfolio across five major U.S. distribution markets. Hillwood previously owned the assets, according to Yardi Matrix information.

The Class A properties are in Central Pennsylvania; Houston; Greenville-Spartanburg, S.C.; Jacksonville, Fla.; and Indianapolis. Each metro is “a key node in the national supply chain network,” according to the buyer.

The collection includes:

two buildings part of Core5 Logistics Center at Codorus Creek in York, Pa., totaling 507,100 square feet
Buildings 2, 3 and 4 at Pinnacle Logistics Park in Houston, totaling 529,340 square feet
a 243,574-square-foot warehouse at 6192 W. Airport Blvd. in Greenfield, Ind.
Building 4 at Park 130 at Whitestown in Whitestown, Ind., measuring 672,944 square feet
a 598,587-square-foot warehouse at 2300 Pickettville Road in Jacksonville
Building 2 at Florida Gateway Logistics Center in Jacksonville, measuring 300,240 square feet
Building 400 at Tyger River Industrial Park North in Moore, S.C., measuring 474,867 square feet

The warehouses feature 32- to 40-foot clear heights, various loading configurations and ample trailer and auto parking, making them suitable for 3PLs, e-commerce operators and logistics firms. Several buildings were recently completed to modern standards that respond to current needs shaped by supply chain challenges across the U.S.

An EQT spokesperson told Commercial Property Executive that additional information would not be disclosed, and Hillwood did not respond to CPE’s request for further information.

Big bites of logistics space

It was barely two weeks ago that EQT acquired another industrial portfolio consisting of 11 properties, but in that case all concentrated in New Jersey. That collection totals about 894,000 square feet.

And in August, EQT purchased a portfolio-sized property near Columbus, Ohio, from Red Rock Developments. The 945,400-square-foot building sold for $89.1 million in a deal brokered by Colliers.

EQT Real Estate owns and operates more than 2,000 logistics and residential properties in the Americas, Europe and Asia. Its global portfolio spans 400 million square feet.