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Sign in Sign up for a FREE subscriptionInvestcorp expands U.S. industrial real estate presence with multiple acquisitions
Investcorp has made three industrial acquisitions totaling approximately 1.5 million square feet for a gross transaction cost of approximately $300 million.
The investments further solidify the firm’s presence in key industrial markets across the Southern and Western United States and strengthen Investcorp’s $5.3 billion U.S. industrial portfolio, which spans roughly 42 million square feet and approximately 640 buildings. The acquisitions include:
Dallas and Atlanta Infill Portfolio, a 16-building portfolio totaling 597,161 square feet. This acquisition adds to Investcorp’s existing significant industrial presence in these markets. West Coast Infill Portfolio, a 17-building portfolio encompassing 539,909 square feet across Denver, Las Vegas, San Diego and the San Francisco Bay Area. These markets consist of desirable and institutional western markets that Investcorp has continued to target. Tampa I