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Wednesday, April 28, 2010

(Humble,TX) Investcorp nabs 348,542-SF power center

Apr. 26, 2010
Info from Globe St.:

HUMBLE, TX - Investcorp Real Estate has acquired Deerbrook Marketplace, a 348,542-square- foot power center, for an undisclosed amount.


The New York City-based investor, which is the U.S.-based real estate arm of alternative investment manager Investcorp, bought the retail property from DRA Realty Advisors, also of New York City. With the acquisition of Deerbrook Marketplace, Investcorp now owns more than 20 properties in the Houston metro area.

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