Investcorp completed the acquisition of 89 industrial warehouses for $380m.

Investcorp, a provider and manager of alternative investment products, completed the acquisition of 89 industrial warehouses for $380m. “As active investors in the US industrial sector, we have observed firsthand the strength of our existing portfolio as e-commerce has boomed and supply chains are streamlined within growth markets throughout the US. We are excited to expand our already sizable US industrial portfolio with these key acquisitions in some of the largest and strongest industrial markets in the country. We look to invest in fast-growing regions with diversified economies, strong transportation infrastructure and access to the booming technology industry which is what we believe we have found in these industrial hubs," Herb Myers, Investcorp Co-Head of Real Estate.