GREENWICH, Conn., April 22, 2011 /PRNewswire/ -- Muthanna Investment Company, a Kuwait-based investment firm, announced the close of its third U.S. government leased office building, having acquired more than $80 million of assets in the U.S. in the past four months.
"We have a strong interest in U.S. government leased assets and are continuing to look for additional assets with stable current yields, long remaining lease terms, and a high quality of construction," said Abdulaziz Almarzooq, General Manager of Muthanna Investment Company.
Arch Street Capital Advisors, L.L.C. a Greenwich, CT – based real estate advisory firm structured and arranged the transaction on behalf of Muthanna Investment Company. Craig Friedman, the managing member of Arch Street, said, "We are pleased with the recent acquisition on behalf of Muthanna Investment Company and look forward to continuing to satisfy Muthanna's needs with respect to their U.S. real estate acquisition program. On their behalf, we continue to evaluate well leased assets with strong credit tenants in major markets throughout the United States."
About Muthanna Investment Company
Muthanna Investment Company is a leading Sharia-compliant investment company that provides a wide range of services such as corporate finance, asset management, portfolio management, trading services, private equity, equity research and advisory to a diversified client base that includes corporations, financial institutions and high net worth individuals. The Company's headquarters is located in Kuwait and maintains offices in Oman, and Saudia Arabia. For more information please visit www.mic.com.kw.
About Arch Street Capital Advisors, L.L.C.
Arch Street Capital Advisors, L.L.C. is a full service real estate investment advisory firm. Arch Street specializes in assisting international investors with their U.S. real estate strategies including acquisition and joint venture advisory, financing advisory and asset management and disposition services. Since 2003, Arch Street has advised clients on more than $2 billion of acquisitions, dispositions and financings. Currently Arch Street manages a diverse portfolio of investments on behalf of its clients in the industrial, office, multifamily, health care and residential condominium development sectors of the U.S. real estate market. For more information please visit www.archstreetcapital.com.
SOURCE Arch Street Capital Advisors, L.L.C.