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Investcorp Acquires US Warehouse Portfolio for $300M

At 56 assets, this is the company’s largest US warehouse portfolio deal to date.

One of Investcorp’s new holdings

NEW YORK–Investcorp’s US real estate team has acquired its largest US warehouse portfolio to date for $300 million. The portfolio totals 4.5-million-square-feet and includes 56 industrial properties in seven metro markets.

Headquartered in Manama, Bahrain, Investcorp has a robust global portfolio of industrial holdings but the company is seeking to expand its footprint in the US, Mohammed Alardhi, executive chairman of Investcorp, said in a prepared statement.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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