---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-336831"
form_type: "8-K"
ticker: null
cik: "0001946997"
company_name: "EQT Exeter Real Estate Income Trust, Inc."
filed_at: "2025-12-30T23:59:59+00:00"
generated_at: "2026-05-16T12:02:03.334788+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EQT Exeter acquires $51.5M Torrance industrial property; 10-year leaseback to Frito-Lay (PepsiCo)

## Summary
- Acquired 76,007 sq ft last-mile industrial facility in Torrance, CA for ~$51.5M; 100% leased to Frito-Lay Sales, a PepsiCo affiliate.
- 10-year leaseback with two 5-year renewal options; initial monthly rent $216,619.95 with 3% annual escalations.
- Property management agreement with affiliate EQT Real Estate Advisors; fees at market rate or per lease terms.
- December 2025 distributions declared: $0.04326/share for most classes; Class T net $0.03546; payable Jan 12, 2026.

## SEC filing metadata
- accession: 0001193125-25-336831
- form_type: 8-K
- cik: 0001946997
- company_name: EQT Exeter Real Estate Income Trust, Inc.
- filed_at: 2025-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946997/000119312525336831/0001193125-25-336831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946997/000119312525336831/ck0001946997-20251223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-336831
- JSON: https://secwatch.observer/filing/0001193125-25-336831.json
- Plain text: https://secwatch.observer/filing/0001193125-25-336831.txt

## Key facts
- Material Agreements
  EQT Exeter Real Estate Income Trust, Inc. entered into a asset purchase with Frito-Lay Sales, Inc. valued at approximately $51.5 million (effective 2025-12-19).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Frito-Lay Sales, Inc.
  - Value: approximately $51.5 million
  - Effective: 2025-12-19
  source text: On December 19, 2025, EQT Real Estate, LLC (the “Adviser”), the Company’s external adviser, entered into a purchase and sale agreement in connection with a sale-leaseback transaction with Frito-Lay Sales, Inc. (the “Torrance Seller”), an affiliate of PepsiCo, Inc., to acquire the Torrance Property.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946997/000119312525336831/0001193125-25-336831-index.htm
- Material Agreements
  EQT Exeter Real Estate Income Trust, Inc. entered into Property Management Agreement with EQT Real Estate Advisors, LLC (effective 2025-12-23).
  - Action: entry
  - Counterparty: EQT Real Estate Advisors, LLC
  - Effective: 2025-12-23
  source text: In connection with the acquisition of the Torrance Property, on December 23, 2025, the Company, through the Torrance Buyer, entered into a property management agreement with EQT Real Estate Advisors, LLC (the “Property Manager”), an affiliate of the Adviser (the “Property Management Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946997/000119312525336831/0001193125-25-336831-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.