IndCor Expands Its Presence in Texas to 17.5 Million Square Feet
Summary
As a comprehensive real estate operator, IndCor currently owns and manages approximately 117 million square feet located in over 29 key logistics markets in 24 states.IndCor was formed in 2010 as a portfolio company of The Blackstone Group, one of the world’s largest alternative asset managers and advisory firms.Chicago, IL, June 18, 2014 --( PR.com )-- IndCor, a real estate company focused on the ownership and management of industrial properties, is significantly expanding its presence in the prospering El Paso real estate market, with a 1.1 million-square-foot portfolio of industrial properties.These recent acquisitions, brokered by CBRE National Partners, increased the total square footage owned and managed by IndCor to approximately 118 million square feet.“The El Paso market is thriving, and we are very excited to be a part of it,” states Stephen Bryan, Co-Chief Investment Officer.As a comprehensive real estate operator, IndCor currently owns and manages approximately 117 million square feet located in over 29 key logistics markets in 24 states.IndCor is headquartered in Chicago, Illinois.IndCor was formed in 2010 as a portfolio company of The Blackstone Group, one of the world’s largest alternative asset managers and advisory firms.