KKR Buys Industrial Parks In The Phoenix And Atlanta Markets For $250M
Portfolio Pulse from Nabaparna Bhattacharya
KKR & Co. Inc. has acquired an industrial park in Phoenix, Arizona, and an industrial warehouse in Atlanta, Georgia, for a combined purchase price of approximately $250 million. The acquisitions were made through KKR Real Estate Partners Americas III, KKR's Americas opportunistic equity real estate fund.
May 31, 2023 | 12:20 pm
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KKR has acquired industrial properties in Phoenix and Atlanta for $250 million, expanding its industrial real estate portfolio.
The acquisition of the industrial properties in Phoenix and Atlanta for $250 million demonstrates KKR's continued expansion in the industrial real estate sector. This could positively impact KKR's stock price in the short term as it shows the company's growth and investment in attractive markets.
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