EQT Real Estate acquires I-78 Commerce Center, a recently developed logistics facility in Central Pennsylvania
EQT Real Estate is pleased to announce that the EQT Real Estate Industrial Core-Plus Fund IV (“EQT Real Estate”) has acquired I-78 Commerce Center, a state-of-the-art cross-dock distribution center located in Berks County, Pennsylvania.
Delivered in 2024, the facility features 40-foot clear heights, 590-foot building depth, and a 185-foot truck court, along with 123 dock-high doors, four drive-in doors, and parking for 156 trailers. Its cross-dock configuration and minimal office buildout are optimized for national distribution, and the site’s proximity to major Northeast distribution markets and the Port of New York and New Jersey supports same-day reach to nearly half of the U.S. population.
The Pennsylvania I-78/I-81 corridor is one of the most competitive logistics markets in the country, with constrained industrial supply, prolonged entitlement timelines, and limited availability of large-format facilities. Positioned at the midpoint between the Northeast and Mid-Atlantic population centers, the property benefits from critical access to essential distribution infrastructure, including regional and international airports, considerable freight infrastructure and an intermodal rail terminal.
Matthew Brodnik, Chief Investment Officer at EQT Real Estate, said: “This acquisition adds yet another high-quality asset to our logistics portfolio in one of the most supply-contrained and strategically located distribution markets in the U.S., with the facility’s design and location positioning it well to serve both regional and national demand. We remain focused on acquiring modern, mission-critical infrastructure that supports evolving supply chain needs, and this investment demonstrates our commitment to a long-term focus on access, scale, and tenant utility.”
EQT Real Estate would like to thank Brad Ruppel, Michael Hines, Joseph Hill, and Brian Fiumara of CBRE National Partners, who represented the seller in the transaction.
Contact
EQT Press Office, press@eqtpartners.com
About EQT Real Estate
EQT is a purpose-driven global investment organization with EUR 267 billion in total assets under management (EUR 139 billion in fee-generating assets under management) as of 30 September 2025, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate manages about $58 billion in GAV, owns and operates over 2,000 properties and 400 million square feet, with over 400 experienced professionals across 50 locations globally.
More info: www.eqtgroup.com
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