Investcorp announced this week that its US-based real estate arm has acquired buildings and property at 1603 and 1629 Orrington Ave. The 22-story office building at 1603 Orrington Ave. is just east of Fountain Square. The building at 1629 Orrington is home to Bright Horizons child care and early childhood center. The two building office complex encompasses 339,000 square feet.

As at June 30, 2013, Investcorp had $10.5 billion in total assets under management, according to a press release announcing the purchase.