INDUS Provides Update on 2025 Portfolio Activity

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided an update on the Company’s acquisitions, development and leasing activity for 2025 and 2026 year to date. INDUS owns or has majority ownership of 81 properties aggregating 15.5 million square feet. This reflects a 24.1% increase in INDUS’ portfolio since the start of 2025 and 113.7% since the Company was acquired in 2023.

Highlights

• Acquired 5 properties totaling 1.9 million square feet in Atlanta, GA and Phoenix, AZ.
• Completed construction on 5 buildings totaling 1.1 million square feet in the Atlanta, GA, Savannah, GA, and Lehigh Valley, PA markets.
• Started construction of a 2 building, 267,000 square feet infill development in the Atlanta, GA market.
• Acquired or have under contract a total of 191 acres in the Nashville market to support 2.1 million square feet of future development with the first building of 507,000 square feet under construction.
• Signed 24 new, renewal and expansion leases totaling 2.2 million square feet.
• Achieved blended cash leasing spreads of 47.3% on 2025 leases.
• Signed a lease to install a 0.82MW rooftop solar array in the Lehigh Valley, PA market.
• As of December 2025, 84.0% of INDUS’ portfolio has LED lighting.

In 2025 through 2026 year to date, INDUS added 3.0 million square feet to its portfolio through the acquisition and construction of 10 buildings and grew the development pipeline to 13 buildings totaling an additional 3.8 million square feet, including 3 buildings totaling 837,000 square feet currently under construction.

“The industrial real estate sector remains resilient and our high-quality, strategically located portfolio is well-positioned to retain and attract tenants,” said Michael Gamzon, President and CEO of INDUS. “Since INDUS was taken private in June 2023, we have grown our portfolio over 113.7%, expanded our pipeline of future developments and entered the Atlanta, Jacksonville, Phoenix and Savannah markets. With the support of our investors, Centerbridge, GIC and ADIA, we are well-positioned to grow our platform through further investment in acquisitions of individual properties, portfolios, industrial land and development opportunities in select high growth markets across the United States.”

About INDUS Realty Trust, Inc.

INDUS is a real estate business principally engaged in developing, acquiring, managing, and leasing industrial properties. As of January 2026, INDUS owns or has majority ownership in properties aggregating 15.5 million square feet. INDUS is owned by affiliates of Centerbridge Partners, L.P., a global private investment firm with deep experience in real estate, and GIC, a global institutional investor. Additionally, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) is a strategic investor alongside Centerbridge in the ownership of INDUS. For more information, please visit our website at www.indusrt.com.