EQT Exeter Buys six-building, 860.2K SF Phoenix Industrial Portfolio for $143.2M ($166.47psf) near Sky Harbor from Link Logistics

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.

Link Logistics (NYSE: PSB)
Bud Pharris | Senior Managing Director, West Region
EQT Exeter
Graham Gardner | VP, Industrial Investments

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