KKR acquires U.S. portfolio of six class a industrial warehouses for $377m across Seattle, Atlanta, Philadelphia, NJ and San Francisco

  • 8/20/2024

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IREI

KKR has acquired a portfolio of six well-located, class A industrial logistics properties in major U.S. Gateway and Sun Belt markets for approximately $377 million. The six modern industrial properties possess an average vintage of 2014 and feature 35-foot average clear heights. The warehouses feature other state-of-the-art characteristics, making them highly relevant for the ever-evolving needs of today’s logistics tenancy. The portfolio is 100 percent leased to a high-quality tenant mix. The assets are strategically located in infill submarkets across several major markets, including Seattle, Atlanta, Philadelphia, New Jersey and the San Francisco Bay Area.

KKR & Co Inc. (NYSE: KKR)
Ben Brudney | Managing Director-Real Estate Equity
KKR & Co Inc. (NYSE: KKR)
Roger Morales | Partner, Head of CRE Acquisitions

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