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Mapletree Sells 2.4M-Square-Foot Sunbelt Industrial Portfolio to EQT for $241.2M
Mapletree Investments Pte Ltd has completed the sale of a 2.4-million-square-foot industrial portfolio to EQT Real Estate for $241.2 million, marking the company’s second major U.S. warehouse divestment. This transaction follows Mapletree’s earlier sale in June 2025 of a 1.8-million-square-foot, 30-building shallow-bay portfolio to Faropoint for $328 million.
The portfolio sold to EQT comprises 10 bulk warehouse assets strategically located in high-growth innovation hubs throughout the Sunbelt region, including Georgia, Florida, and Texas. The sale was brokered by a team from Eastdil Secured, including Clayton Skistimas, Christina Buhl, Marc Alfert, Mark Chu, and Steve Silk, who represented Mapletree in the transaction.
“This divestment represents a strong outcome for our investors and affirms the value we’ve created across our U.S. industrial portfolio,” said Richard Prokup, CEO, U.S., of Mapletree. “As we look ahead, we remain focused on reinvesting in premier warehouse assets that align with our long-term growth strategy.”
The assets were held under the Mapletree US & EU Logistics Private Trust, a closed-end private fund launched in 2019, which currently manages $4.3 billion in assets.
This latest transaction further reinforces Mapletree’s active portfolio strategy and focus on capital recycling in key logistics markets.
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