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American Real Estate Partners and Investcorp Partner On $176 Million Canal Center Acquisition

Pair Closes On Fourth Investment as a Joint Venture
By Bryce Meyers
CoStar News
October 24, 2014 | 6:25 P.M.

Herndon, VA-based American Real Estate Partners, in a joint venture with New York City-based Investcorp, acquired the 540,000-square-foot, four-building Canal Center office park in Alexandria, VA for $176 million, or approximately $327 per square foot.

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News | American Real Estate Partners and Investcorp Partner On $176 Million Canal Center Acquisition