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US Caliphate:Lake Pointe Center III and IV in Keystone, Indianapolis bought by Saudis
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Indianapolis is the thriving capital of the state of Indiana and the eleventh largest city in the United States. The city attracts high quality tenants willing to pay high rents due to its stable and diversified economy, superior infrastructure, great quality of life and relative low cost of living.
Ammar Shata, Alkhabeer’s executive director and CEO, commented: “I am delighted to be announcing our third joint investment with USAA Real Estate Company. The joint acquisition of Lake Pointe III and IV adds substantially to our US fund’s portfolio. Indianapolis is an economic powerhouse in the Midwest.”
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