Announced
Completed
Synopsis
EQT Real Estate, a global investment manager, completed the acquisition of I-78 Commerce Center, a state-of-the-art cross-dock distribution centre located in Berks County, Pennsylvania. Financial terms were not disclosed. "This acquisition adds yet another high-quality asset to our logistics portfolio in one of the most supply-contrained and strategically located distribution markets in the US, with the facility's design and location positioning it well to serve both regional and national demand. We remain focused on acquiring modern, mission-critical infrastructure that supports evolving supply chain needs, and this investment demonstrates our commitment to a long-term focus on access, scale, and tenant utility," Matthew Brodnik, EQT Real Estate Chief Investment Officer.
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