2 Dec 2025
Portfolio purchase enhances Investcorp’s strong U.S. industrial presence, offers attractive economic potential amidst favorable market dynamics
Investcorp, a leading global alternative investment firm, today announced that it has successfully acquired a diversified industrial portfolio featuring properties located across coastal markets in both the eastern and western U.S. for approximately $400 million. The portfolio spans investments comprising approximately 2.6 million square feet across 35 buildings and seven markets and reflects an average occupancy of 97% as of October 2025. The portfolio was acquired at an attractive price point and is the result of Investcorp’s thoughtful capital deployment into select U.S. markets, reflecting the firm’s ability to capitalize on the continued resilience and robust fundamentals in the U.S. industrial sector.
“Despite shifting trade dynamics and supply chain disruptions across the country, the U.S. industrial sector has retained its foundational strength,” said Herb Myers, Global Head of Real Assets at Investcorp. “This is particularly true for these and similar properties, which exhibit diversified rent rolls and are located in highly accessible infill locations in top coastal industrial regions. In addition, government incentives and infrastructure investments are fueling the expansion of the domestic industrial sector, creating more growth potential. We plan to continue to seek opportunities to deploy capital into U.S. industrial properties that align with our forward-thinking investment thesis.”
The newly acquired portfolio assets include:
• Infill Industrial Portfolio in Philadelphia, Pennsylvania: ~76,000 SF across two buildings
• Infill Industrial Portfolio in Northern New Jersey: ~44,000 SF in one building
• Infill Industrial Portfolio in Long Island, New York: ~92,000 SF across two buildings
• Logistics Portfolio in Sacramento, California: ~1.3 million SF across 13 buildings
• Infill Industrial Portfolio in Tampa, Florida: 156,000 SF across two buildings
• Infill Industrial Portfolio in South Florida: ~115,000 SF across three buildings
• Light Industrial Portfolio in North Atlanta: ~814,000 SF across 12 buildings
The coastal markets in which the portfolio properties are located are well-established and boast major population bases, varied economies and sustained industrial demand. All seven markets experienced industrial demand growth in Q3 2025, according to Green Street Advisors, and new supply in these areas makes up less than 1.3% of current inventory.
The U.S. industrial market continues to be augmented by robust e-commerce activity, with e-commerce’s share of total retail sales growing steadily year over year to nearly 16% by the end of 2024, according to Savills. Moreover, a sharp decrease in construction starts and deliveries have dovetailed with rising industrial rents, leading to the potential for increased profitability.
Investcorp is among the top five largest cross-border buyers of U.S. real estate over the past five years, according to Real Capital Analytics. 98% of the firm’s portfolio is comprised of industrial or residential properties. Earlier this year, the Investcorp real estate team was ranked number 42 on PERE’s 2025 PERE 100 list, one of the most prominent rankings of real estate equity investment managers in the industry, improving upon its placement at number 51 in 2024.