EQT Exeter Buys Chicago-Area Industrial Portfolio

CenterPoint and partner sell 3,825,589 square feet of existing industrial assets and 144 acres of developable land

CenterPoint and a confidential partner sold EQT Exiter an eight-property, Class A industrial portfolio. The portfolio totals 3,825,589 square feet of existing assets and 144 acres of land in Pleasant Prairie, Wisconsin and North Chicago, Illinois.

The eight properties are fully leased to nine tenants and offer users benefits including 32’ average clear heights, ample loading and fully circulating truck courts.

In addition to the properties, the portfolio included six land sites in Pleasant Prairie totaling 144 acres.

Almost all properties are located entirely within the master planned LakeView Corporate Park, and all are located within five minutes of Interstate 94, proving connectivity to population centers in Chicago and Milwaukee.

JLL closed the deal marketing the portfolio on behalf of the sellers.