EQT Real Estate Buys 2-Million-SF Industrial Portfolio in Southern New Jersey from New York Life

EQT Real Estate's Logistics Value Fund VI acquired a nine-building, approximately 2 million-square-foot industrial portfolio in Southern New Jersey from New York Life Real Estate Investors. The assets are part of a master-planned industrial park located less than one mile from I-295, providing access to the Philadelphia and New York metropolitan areas. Buildings feature clear heights ranging from 24 to 33 feet, flexible suite sizes, and a total of 134 dock doors across the park. The portfolio is leased to a diversified roster of blue-chip tenants in manufacturing, distribution, and logistics. Sales price was not publicly disclosed. CBRE's four-broker team represented the seller. - EQT Real Estate: Radnor, PA-based real estate investment platform of global alternative asset manager EQT AB. This is described as EQT Real Estate's largest U.S. industrial acquisition to date in 2026. - New York Life Real Estate Investors: Insurance company-affiliated institutional real estate investor executing a strategic disposition of the portfolio. Deal terms, including price and financing, were not disclosed.