EQT Exeter Real Estate Income Trust acquires 200,000 square-foot industrial property in Seattle for over $80M, bringing total capital deployed to approximately $390M since inception
The transaction represents the REIT’s fourth property acquisition since inceptionEQT Exeter Real Estate Income Trust, Inc. (“EQRT”) today announced its fourth acquisition, purchasing 2871 S. 102nd Street in Tukwila, Washington for $81.5 million. The 202,464 square-foot property is fully occupied by a multinational online retailer with an investment grade credit rating. The last mile industrial building was completed in 2021 and features rare class-A building specifications for its infill South Seattle location. The property’s strategic location offers proximate access to Seattle’s