Industrial Portfolio IV

Acquired by Arcapita in 2018, this seven-property industrial real estate portfolio comprises 655,000 square feet of high-quality industrial assets located in Cleveland, Ohio.

About Investment

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

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