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EQT Exeter Real Estate Income Trust acquired a 202,464-square-foot, last-mile industrial property in the metro Seattle market from Dermody Properties for $81.5 million. Amazon fully occupies the property, according to CommercialEdge data.

The purchase of 2871 S. 102nd St. in Tukwila, Wash., represents the REIT’s fourth property acquisition since the fund was created, bringing its total capital deployed to approximately $390 million since inception.