In November 2018, Arcapita acquired a seven-property industrial real estate portfolio in Cleveland, Ohio. The portfolio comprises 655,000 square feet of high-quality industrial assets within the metropolitan area, and is occupied by a diverse range of tenants operating in the logistics, technology, and assembly space. Arcapita has partnered with Weston, an Ohio-based real estate owner-operator, with a strong history in Cleveland and the wider US Mid-west. Weston will maintain a joint-venture investment in the portfolio and will serve as the leasing and managing agent.
Sector: | Real Estate, Industrial & Logistics |
Region: | North America |
Investment Date: | 2018 |