KKR Acquires Industrial Distribution Property in Phoenix
Core Plus Real Estate Strategy Adds Third Industrial Asset to Portfolio
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KKR, a leading global investment firm, today announced the acquisition of an industrial distribution property in
The property is a state of the art fulfillment center completed in 2019 and was 100% leased at acquisition to the wholly owned subsidiary of a leading, Investment Grade public company.
“We are pleased to acquire our first industrial property in
KKR owns over 14 million square feet of industrial property in strategic locations near major metropolitan areas across the
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about