Investcorp, a Bahrain-based Middle East private equity firm, has acquired 89 industrial properties in the United States for $380 million, Zawya notes, citing the company.
The new acquisitions are located in Los Angeles, California, Dallas, Texas, Phoenix, Arizona, Seattle and Washington according to an email statement issued by the company.
The firm with the new purchases now has assets in industrial real estate valued at about $2.8 billion.
Bahrain-based Investcorp acquires properties across US for $380m
