/
|
Link Logistics has sold the Phoenix Gateway portfolio, a six-building industrial collection totaling about 860,200 square feet in Phoenix. EQT Exeter paid $143.2 million for the assets in all-cash transactions, public records show.
Located in the Airport submarket, the facilities were fully leased at the time of sale by a total of eight tenants with staggered lease expirations. The properties are 1980s and ’90s vintage, with spaces ranging from 37,000 square feet to 220,000 square feet.