Mirabaud Asset Management has invested $150.3m (€125.8m) on behalf of its international clientele to buy an office campus asset in the US.
Mirabaud said it has acquired Warren Campus, a two-building office campus, from Rubenstein Partners and Vision Real Estate Partners.
The 29,000sqm office campus in Warren, New Jersey is fully leased until 2036.
Vaqar Zuberi, senior vice president at Mirabaud Asset Management, said: “Warren Corporate Center’s prime location near New York City, state of the art amenities in a fully renovated office campus, and long-term tenancy by an investment grade tenant, make this acquisition a key part of Mirabaud’s real estate portfolio.
”We are once again pleased to have completed this acquisition on behalf of our clients and continue to look to grow our institutional real-estate portfolio with similar high-quality office and industrial properties.”
Mirabaud was advised on the acquisition by EXAN Group, King & Spalding, EY, and Elvinger Hoss Prussen.
To read the digital edition of the latest IPE Real Assets magazine click here.
