JLL Capital Markets has completed the sale and financing of a large industrial portfolio spanning 46 buildings and approximately 10.5 million square feet across the southeastern United States. The Southeast Industrial Portfolio is composed of Class A logistics facilities located in 10 markets throughout the Carolinas, Georgia, Alabama and Florida, underscoring ongoing investor interest in modern distribution assets concentrated in high-growth logistics corridors.
The portfolio was sold by EQT Real Estate, with JLL representing EQT in the disposition. LBA Realty acquired the entire collection of properties, marking a sizable trade in the industrial investment sales market. In addition to handling the sale, JLL arranged acquisition financing for LBA Realty, securing loans from two national banks on behalf of the buyer.
Properties in the Southeast Industrial Portfolio average about 230,000 square feet per building and are positioned in key logistics and manufacturing hubs across the region. The assets are located in and around Charlotte, Greensboro, Greenville-Spartanburg, Atlanta, Savannah, Tampa, Orlando, Jacksonville, Birmingham and Huntsville, providing broad geographic coverage and access to major population centers, ports and transportation networks within the Southeast.
The facilities support a broad range of industrial and logistics uses. Existing tenants use the buildings for last-touch fulfillment operations, regional distribution centers, advanced manufacturing and bulk distribution. This mix of use cases highlights the versatility and functional quality of the portfolio, which is tailored to occupiers focused on efficient supply chain and production capabilities.
JLL Capital Markets fielded a dedicated investment sales team to represent EQT Real Estate in the transaction. The team included John Huguenard, Trent Agnew, Will McCormack and Associate Tara Hagerty, who collectively led the marketing and execution of the sale across the multiple markets encompassed by the portfolio.
On the financing side, JLL’s Debt Advisory group arranged acquisition funding for LBA Realty. That team was led by Kevin MacKenzie, Peter Thompson, Steven Klein and Chris Pratt. The financing was provided through two national banks, aligning traditional bank capital with institutional equity to support the purchase of the large-scale industrial portfolio.
The transaction brings together a global real estate investor and an active industrial owner-operator around a sizable, fully built logistics platform in the Southeast. It also reinforces the central role of institutional brokerage and debt advisory services in matching capital with modern industrial product in diversified regional markets.
