Arcapita, an alternative investment firm, and Arden Group, a real estate investment firm, formed an $800m joint venture to acquire multi-tenant industrial properties in urban centers across major markets in the United States. “This joint venture is part of our broader industrial real estate strategy, having completed roughly $5.5 billion in industrial and logistics real estate transactions globally for nearly twenty years. We are pleased to partner with Arden and provide our investors with this highly diversified portfolio,” Atif A. Abdulmalik, Arcapita CEO.