- Investcorp has acquired a 2.6M SF industrial portfolio across seven US markets for approximately $400M.
- The 35-building portfolio, 97% occupied, includes properties in North Atlanta, South Florida, Sacramento, Long Island, Philadelphia, Northern New Jersey, and Tampa.
- The move reflects strong investor appetite for infill industrial assets, particularly in markets with low new supply and rising rents.
Betting On Logistics
Investcorp acquired a 35-building, 2.6M SF industrial portfolio for $400M, signaling confidence in US logistics real estate, reports GlobeSt. The assets are concentrated in high-demand markets, including Sacramento, North Atlanta, South Florida, and Long Island—all of which have seen recent increases in tenant demand.
Where And What
The properties include a mix of light and infill industrial assets. The largest portion is in Sacramento (1.3M SF), followed by North Atlanta (814K SF), and Tampa (156K SF). Most of the buildings are infill industrial, with the exception of North Atlanta, which consists of light industrial.
Other portfolio locations include:
- South Florida: 115K SF
- Long Island: 92K SF
- Philadelphia: 76K SF
- Northern New Jersey: 44K SF
As of October, the portfolio was 97% leased, reflecting continued strong industrial fundamentals in these gateway and growth markets.
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Market Fundamentals Hold Strong
Despite broader economic uncertainty and shifting trade dynamics in 2025, the industrial sector remains resilient. According to Green Street Advisors data cited by Investcorp, all seven regions saw demand rise in Q3, while new deliveries represented less than 1.3% of total inventory. Falling construction starts are contributing to tight supply and higher rents.
Investcorp’s Strategic Focus
Herb Myers, global head of real assets at Investcorp, emphasized the strategic value of acquiring infill assets in top coastal and logistics-heavy markets. He also pointed to government incentives and infrastructure investment as key tailwinds supporting the domestic industrial sector.
Currently, 98% of Investcorp’s US portfolio is in residential or industrial properties. The firm has also been one of the top five cross-border acquirers of US real estate over the last five years.
What’s Next
The $400M acquisition follows a $365M purchase of a Midwest industrial portfolio earlier this fall. That deal included properties in Columbus, Chicago, Cincinnati, and Cleveland—suggesting that Investcorp is not just focused on coastal markets but also sees opportunity in the Midwest.
Investcorp plans to actively expand its US footprint by targeting infill and logistics-heavy properties as industrial demand stays strong.
