The real-estate unit of private-equity giant EQT AB has sold a portfolio of U.S. industrial real estate to a group led by an Asian sovereign-wealth fund in a deal that values the portfolio at $6.8 billion including debt, according to people familiar with the matter.
The deal for 328 industrial facilities carries one of the highest prices ever paid for U.S. industrial property, the latest sign of strength in the market for the warehouses and distribution centers that serve as the backbone of the e-commerce boom. It is scheduled to be announced Wednesday morning, according to people familiar with the matter.
