KKR Acquires Industrial Warehouses Serving The Phoenix And Atlanta Markets For Aggregate Purchase Price Of $250M
Portfolio Pulse from Benzinga Newsdesk
KKR has acquired industrial warehouses in Phoenix and Atlanta for an aggregate purchase price of $250 million. The properties are strategically located near major transportation nodes, including Interstate Highway 10, Arizona State Route 101, CSX Fairburn Intermodal Terminal, and the Atlanta airport.
May 31, 2023 | 11:06 am
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KKR acquires industrial warehouses in Phoenix and Atlanta for $250 million, expanding its real estate portfolio in strategic locations.
The acquisition of these industrial warehouses will expand KKR's real estate portfolio and potentially increase its revenue. The strategic locations near major transportation nodes make these properties valuable assets, which could positively impact KKR's stock price in the short term.
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