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Exeter EQT Acquires 1 Million Square Foot Napa Valley Portfolio

Exeter EQT Acquires 1 Million Square Foot Napa Valley Portfolio

EQT Exeter Industrial Value Fund VI has recently acquired two large distribution buildings in Napa Valley’s Wine Country, totaling over one million square feet. The terms of the acquisition and the seller’s identity have not been disclosed.

These properties were specifically designed to support Northern California’s food and beverage industry, with close proximity to both consumer bases and production centers. According to EQT Exeter, the buildings feature advanced designs that cater to traditional logistics users as well as specialized operators. One of the buildings even offers direct rail access.

Currently, one of these properties is occupied by a leading food and beverage company under a long-term lease for 337,000 square feet. Jeremy Hamaoui, Northern California investment and leasing officer at EQT Exeter stated that this acquisition aligns with their strategy of investing in high-quality properties in desirable markets while maintaining a tenant-focused approach towards asset management.

The advisory firm JLL represented EQT Exeter during this transaction through Ryan Sitov.

At Connect Industrial Midwest 2025 on Wednesday afternoon (March 5th) at Joe’s Live in Rosemont IL., Michael Brennan will be receiving Connect CRE’s Lifetime Achievement Award along with participating in an exclusive Keynote Interview alongside Kevin Brennan from Brennan Investment Group! Don’t miss out on this exciting event!

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