KKR Expands Real Estate Industrial Portfolio in Phoenix with a New Acquisition
Investment Increases Phoenix Industrial Footprint to Nearly Two Million Square Feet
KKR, a leading global investment firm, today announced the acquisition of an industrial distribution property in
Built in 2001, the asset is a 32-foot clear height, Class A property located in Phoenix’s
“This is an important acquisition for us as we continue to develop and diversify our industrial footprint,” said
KKR is making the investment through its Real Estate Partners Americas Fund II.
Across its funds, KKR owns over 16 million square feet of industrial properties in strategic locations across major metropolitan areas in 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