Arcapita Sells ARC US Industrial Portfolio to Ares Management

Bahrain-headquartered Arcapita Group Holdings Limited, the global alternative investment firm with a total transaction value over $30 billion across more than 100 investments, on Monday announced the exit of ARC US Industrial Portfolio VI, a Class A industrial distribution facility located in Dallas-Fort Worth (DFW), Texas, and fully leased to Federal Express Corporation, under a long-term triple net lease.

The asset, which serves as a critical node in FedEx’s logistics network benefitting from a dense population base and robust regional demand for industrial space, was acquired by Ares Management, a leading global alternative investment manager. The financial details were not disclosed by either party.

The property, which spans 776,629 square feet, was acquired by Arcapita in January 2021 and strategically selected for its proximity to major interstate highways, intermodal rail terminals, and FedEx’s second-largest US distribution hub located just four miles away.

Arcapita has exited over $200 million in US industrial real estate in recent weeks. The firm has also announced on September 29 the sale of nine industrial real estate assets totalling 1.5 million square feet located in Indianapolis, Indiana, underscoring the Firm’s ability to identify, manage, and deliver value across high-quality, income-generating assets in the current macroeconomic environment. The portfolio was acquired by Capital Partners, a fully integrated logistics real estate specialist.

Disciplined Approach

Ahmed Al Shirawi, Managing Director and Global Head of Private Capital Group at Arcapita, said that this transaction reflected their disciplined approach to real estate investing and portfolio management.

“Our logistics strategy is to target mission-critical assets located in major distribution hubs. This transaction marks another milestone in Arcapita’s US industrial real estate strategy, further reinforcing our thesis of investing in resilient sectors across key US markets,” Shirawi added.