A fund managed by Ares Management Corporation (NYSE:ARES) acquired 7 million square foot logistics portfolio from EQT Real Estate Industrial Core-Plus Fund II, a fund managed by EQT Real Estate, LLC, for approximately $650 million on March 27, 2026.

John Huguenard, Trent Agnew, and Will McCormack of Jones Lang LaSalle Capital Markets, Inc. represented EQT Real Estate, LLC and arranged the acquisition financing through a single-asset, single-borrower (SASB) execution led by Wells Fargo. Michelle Kelban, Kimberly Lucas, James Koenderman, Robin Basu, Jessica Sicsu, David Levy, and Brian Senie of Kirkland & Ellis LLP acted as legal advisor for Ares Management Corporation.

A fund managed by Ares Management Corporation (NYSE:ARES) completed the acquisition of 7 million square foot logistics portfolio from EQT Real Estate Industrial Core-Plus Fund II, a fund managed by EQT Real Estate, LLC, on March 27, 2026.