Bahrain based investment group GFH has succeeded in sealing a new property acquisition deal in USA worth $150 million. The recent deal is about purchasing two properties in the city of Chicago in cooperation with Lincoln Property and Crest Light Capital companies. It’s worth noting that Lincoln Property is the second biggest property management firm in USA with a total capital value of $30 million.
The two properties acquired by the companies are mid-rise buildings located in Chicago suburbs. They cover a total area of 25 feddan. Both buildings offer many facilities like car parking lots, spa, swimming pool, and nursery.
The buildings have fancy facades of green granite and glass which give them extravagant view. The structure of the buildings is made of steel frame and light concrete.
Thanks to the properties’ unique location, they have a strong tenant base. They also provide vivid exposure to US market trends as demand is rising on suburban office spaces in the main cities.