SOLD
Rishi Kapoor Purchases Industrial Portfolio In South Florida & Denver For $200M
Rishi Kapoor Purchases Industrial Portfolio In South Florida & Denver For $200M
Industrial
2,600,000 SF
2,600,000 SF
Sold 18 days ago
Summary
Sale
FLORIDA
Industrial
2,600,000 sqft
The Industrial Portfolio, spanning 1.3 million square feet across 31 buildings located in South Florida and Denver, was sold for $200,000,000, equating to a price per square foot of $154.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $200,000,000
- Buyer: Rishi Kapoor - Investcorp
- Square Footage: 1,300,000
- Market: South Florida & Denver
Investcorp, a significant player in the industrial real estate market, acquired this substantial portfolio. With this purchase, Investcorp's U.S. industrial real estate assets now amount to approximately 43 million square feet, valued at around $5.1 billion. These assets strategically position Investcorp in high-performing industrial markets with robust transportation infrastructure and nearby residential neighborhoods.
Details
SOLD
IMAGE: Rishi Kapoor
DATE: 04/16/2024
ADDRESS: Industrial Portfolio
MARKET: South Florida & Denver
ASSET TYPE: Industrial
BUYER: Rishi Kapoor - Investcorp (@Investcorp)
SALE PRICE: $200,000,000
SF: 1,300,000 ~ PPSF: $154
NOTE: Investcorp has acquired a substantial industrial real estate portfolio spanning 1.3 million square feet across 31 buildings in South Florida and Denver, valued at around $200 million. With this acquisition, Investcorp now manages approximately 43 million square feet of U.S. industrial real estate assets, valued at about $5.1 billion, strategically positioned in high-performing industrial markets with strong transportation infrastructure and residential neighborhoods nearby.View on map
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AddressRishi Kapoor Purchases Industrial Portfolio In South Florida & Denver For $200M
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