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EQT Exeter Taps CMBS Market for First Time

Industrial Owner Is Refinancing 8.9 Million Square Feet of Recently Acquired US Properties
Weber Distribution leases more than half of Commerce Way, an 819,000-square-foot distribution center in Fontana, California. (CoStar)
Weber Distribution leases more than half of Commerce Way, an 819,000-square-foot distribution center in Fontana, California. (CoStar)

EQT Exeter, one of the largest U.S. industrial property owners, is tapping the commercial mortgage-backed securities market to refinance a portfolio acquired over the past nine months.

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