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Mohammed Alardhi & Herb Myers Of Investcorp Acquire Industrial Portfolio For $400M

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SOLD
$400,000,000

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Industrial2,600,000 SF
Sold 12/03/2025
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Property Image
SOLD

Mohammed Alardhi & Herb Myers Of Investcorp Acquire Industrial Portfolio For $400M

Industrial2,600,000 SF
Sold 12/03/2025

Summary

Asset Type:Industrial
Price Per Square Foot:$153
Total Square Footage:2,600,000 SF
Transaction Type:Sale

A 35-building industrial portfolio was sold, encompassing 2.6 million square feet across multiple markets including Philadelphia, New Jersey, Long Island, Sacramento, Tampa, South Florida, and Atlanta. The transaction was valued at $400 million, translating to a price per square foot of $154. The portfolio was reported to be 97% occupied, indicating strong demand in key industrial markets.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $400,000,000
  • Square Footage: 2,600,000
  • Price per Square Foot: $154
  • Buyer: Mohammed Alardhi & Herb Myers - Investcorp
  • Market: Philadelphia, New Jersey, Long Island, Sacramento, Tampa, South Florida & Atlanta

Mohammed Alardhi and Herb Myers represented Investcorp in this transaction. The seller of the portfolio remains undisclosed.

Players

BUYER

Details

SOLD
IMAGE: Mohammed Alardhi & Herb Myers DATE: 12/03/2025 ADDRESS: Industrial Portfolio MARKET: Philadelphia, New Jersey, Long Island, Sacramento, Tampa, South Florida & Atlanta ASSET TYPE: Industrial BUYER: Mohammed Alardhi & Herb Myers - Investcorp (@Investcorp) SALE PRICE: $400,000,000 SF: 2,600,000 ~ PPSF: $154 NOTE: Investcorp acquired a 2.6M-sf, 35-building industrial portfolio across seven U.S. markets for $400M, with the seller undisclosed.The portfolio, including properties in Philadelphia, New Jersey, Long Island, Sacramento, Tampa, South Florida, and Atlanta, was 97% occupied and reflects strong demand in top coastal industrial markets.

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