EQT Exeter, a global real estate platform, recently acquired a portfolio of office and industrial buildings in Duluth, Georgia for $36.25 million. The four-building portfolio spans 289,921 square feet and includes three flex industrial/R&D buildings and one single-story office building.
The properties at 2405, 2425, 2450 Commerce Ave were sold by Satellite Place Property LLC and Satellite Commercial Property LLC to EQT Exeter. According to Casey Keitchen of Newmark who brokered the deal on behalf of the sellers,the new ownership plans to gradually increase the industrial finish ratio of the assets.
EQT Exeter prides itself on offering modern high-quality properties in over fifty desirable cities worldwide. Their latest acquisition adds to their extensive portfolio as they continue to provide investors with access to their vertically integrated real estate platform through EQT Exeter Real Estate Income Trust (EQRT), a non-traded REIT designed for long-term investment opportunities.
This news was originally reported by Connect CRE but has been rewritten using active voice while maintaining proper grammar and punctuation without mentioning any specific company or organization names.
