{"id":83842,"date":"2026-01-11T11:00:11","date_gmt":"2026-01-11T11:00:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/83842\/"},"modified":"2026-01-11T11:00:11","modified_gmt":"2026-01-11T11:00:11","slug":"eqt-real-estate-purchases-olyphant-facility","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/83842\/","title":{"rendered":"EQT Real Estate purchases Olyphant facility"},"content":{"rendered":"<p>                                            <img decoding=\"async\" class=\"storyFeatured\" src=\"https:\/\/www.newsbeep.com\/us-pa\/wp-content\/uploads\/2026\/01\/shutterstock_1776581636.jpg\" alt=\"\" title=\"\"\/><\/p>\n<p>\u00a9 Shutterstock<\/p>\n<p>The EQT Real Estate Industrial Core-Plus Fund IV recently purchased Scranton North Logistics Center, a newly constructed 1 million-square-foot logistics facility located in Olyphant. <\/p>\n<p>\u201cWe\u2019re excited to add Scranton North Logistics Center to our growing portfolio of core, institutional-quality logistics assets,\u201d Matthew Brodnik, EQT Real Estate global chief investment officer, said. \u201cThe property\u2019s strategic location and modern specifications reflect the long-term strength of the Northeast corridor, and reflects our commitment to acquiring high-performing assets in key regional distribution centers.\u201d <\/p>\n<p>The facility is located approximately one mile from US Route 6 and five miles from the confluence of Interstates 81 and 84. It includes 163 dock-high doors with 4 additional drive-in doors, 233 trailer stalls, a 185-foot truck court, minimal office buildout and full truck circulation. <\/p>\n<p>The property is leased to an investment-grade tenant and serves as an inbound cross-dock node for inventory distribution to regional fulfillment centers. <\/p>\n<p>EQT Real Estate was created in 2021 through the combination of EQT and Exeter Property Group. EQT Real Estate is a real estate investor with $58 billion in gross asset value. Its includes more than 2,000 properties and more than 470 million square feet. It acquires, develops, and manages logistics, residential and commercial properties.<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a9 Shutterstock The EQT Real Estate Industrial Core-Plus Fund IV recently purchased Scranton North Logistics Center, a newly&hellip;\n","protected":false},"author":2,"featured_media":83843,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[178,180,179],"class_list":{"0":"post-83842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-scranton","8":"tag-scranton","9":"tag-scranton-headlines","10":"tag-scranton-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/83842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=83842"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/83842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/83843"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=83842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=83842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=83842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}