Investcorp announced the acquisition of two real estate portfolios totaling approximately $800 million, marking the largest such purchase for the $28 billion firm to date.
The real estate team bought a portfolio of 126 industrial properties totaling 10.2 million square feet across five major metropolitan areas through two separate transactions.
The portfolio is comprised of properties located across the major industrial markets of Atlanta, Georgia; Chicago, Illinois; Dallas, Texas; Charlotte, North Carolina, and Memphis, Tennessee.
“Our real estate business and the US market have been and will . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.