KKR Acquires Portfolio of Six Class A Industrial Warehouses in the US

KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of six well-located, Class A industrial logistics properties in the major U.S. Gateway and Sunbelt markets for approximately $377 million.

The six modern industrial properties have an average vintage of 2014 and an average clear height of 35 feet. The warehouses have other state-of-the-art features that make them highly relevant to the ever-changing needs of today’s logistics tenants. The portfolio is 100% leased to a high-quality tenant mix. The assets are strategically located in infill submarkets in several key markets, including Seattle, Atlanta, Philadelphia, New Jersey and the San Francisco Bay Area.