Eqt Exeter Real Estate Income Trust Announces Acquisition Of 450,000 Square-Foot Industrial Property In Georgetown, Tx For Over $60M
Mar 25, 2024•over 1 year ago
Acquiring Company
EQT Exeter Real Estate Income Trust
Acquired Company
450 000
Description
EQT Exeter Real Estate Income Trust, Inc. ("EQRT") today announced its first acquisition, purchasing 110 Southeast Inner Loop Road in Georgetown, Texas for $60.9 million. EQRT acquired the property with proceeds from the sale of 6.22 million Class E units of its operating partnership to EQT Exeter Holdings US, Inc., an affiliate of EQRT's sponsor.
M&A Insights
Based on deal dataIntegration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
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