Dallas: Arcapita Group Holdings Limited ("Arcapita"), a global alternative investment firm, announced its successful exit from ARC US Industrial Portfolio VI, a Class A industrial distribution facility in Dallas-Fort Worth, Texas. The property, which is fully leased to Federal Express Corporation ("FedEx") under a long-term triple net lease, was acquired by Ares Management, a leading global alternative investment manager.
According to Bahrain News Agency, the property spans 776,629 square feet and was initially acquired by Arcapita in January 2021. It was strategically chosen due to its proximity to major interstate highways, intermodal rail terminals, and FedEx's second-largest US distribution hub, located just four miles away. This facility is a crucial part of FedEx's logistics network and benefits from a dense population base and high regional demand for industrial space.
Ahmed Al Shirawi, Managing Director and Global Head of Private Capital Group at Arcapita, commented that the transaction reflects the firm's disciplined approach to real estate investing and portfolio management. He emphasized that their logistics strategy focuses on mission-critical assets situated in major distribution hubs. This exit is another milestone in Arcapita's US industrial real estate strategy, reinforcing their investment thesis in resilient sectors across key US markets.
Arcapita's recent exits amount to over $200 million in US industrial real estate. The firm also announced the sale of nine industrial real estate assets totaling 1.5 million square feet in Indianapolis, Indiana, highlighting their ability to identify, manage, and deliver value across high-quality, income-generating assets in the current macroeconomic environment.