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InterPark Acquired by a Consortium
Jun 30, 2017
Investment funds managed by Alinda Capital Partners have sold the holding company of InterPark to a consortium led by TIAA Private Investments and Antarctica Capital.
InterPark and its affiliates are the largest owner-operator of parking infrastructure in the United States. They own 57 parking garages and several surface lots in 13 U.S. states and the District of Columbia that in the aggregate comprise more than 49,000 parking spaces.
The garages are located in major central business districts as well as at airports, and in prime locations such as Atlanta, Baltimore, Boston, Chicago, Houston, Minneapolis, Philadelphia, Phoenix, San Francisco and Washington, D.C.
This transaction was completed on June 21, 2017.