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Arcapita, Arden Group Plan To Grow US Industrial Portfolio to $2 Billion

Joint Venture Launches With Deals Totaling $800 Million in Seven Markets
Arcapita Group Holdings and Arden Group acquired Bay Tec Center in St. Petersburg, Florida, as part of a new joint venture. (CoStar)
Arcapita Group Holdings and Arden Group acquired Bay Tec Center in St. Petersburg, Florida, as part of a new joint venture. (CoStar)
CoStar News
November 1, 2021 | 7:10 P.M.

Bahrain-based global investor Arcapita Group Holdings on Monday officially announced a joint venture with Arden Group, a U.S. real estate investment firm, to acquire multitenant industrial properties in urban centers across major markets in the United States.

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