KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market
21 Oktober 2024 - 10:15PM
Business Wire
KKR, a leading global investment firm, today announced that KKR
has acquired a portfolio of four Class A industrial warehouses
serving the greater Central Florida market, including Orlando and
Tampa.
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The four industrial properties sit at the intersection of
Interstate 4 and U.S. Route 27, two vital transportation arteries
in southwest Orlando that facilitate access to key demand drivers
across Central Florida. The assets, totaling approximately 1.2
million square-feet (SF), are 100% leased to five high-quality
tenants, including investment grade public companies and regional
market leaders.
“We are pleased to grow our footprint in Central Florida with
the purchase of these strategically located, high-quality warehouse
assets,” said Ben Brudney, a Managing Director in the Real Estate
group at KKR who oversees the firm’s industrial investments in the
United States. “We believe that prime transit-adjacent distribution
locations in southwest Orlando continue to benefit from strong
demand drivers and limited new supply.”
KKR is acquiring the portfolio through its KKR Real Estate
Partners Americas III fund. The addition of this portfolio brings
KKR’s total warehouse acquisitions in the U.S. to nearly eight
million SF since the start of the year.
KKR’s global real estate business invests in high-quality,
thematic real estate through a full range of scaled equity and debt
strategies. Managing $75 billion in assets as of June 30, 2024,
KKR’s approximately 150 dedicated real estate investment and asset
management professionals across 16 offices apply the capabilities
and knowledge of KKR’s global platform to deliver outcomes for
clients and investors.
About KKR
KKR is a leading global investment firm that offers alternative
asset management as well as capital markets and insurance
solutions. KKR aims to generate attractive investment returns by
following a patient and disciplined investment approach, employing
world-class people, and supporting growth in its portfolio
companies and communities. KKR sponsors investment funds that
invest in private equity, credit and real assets and has strategic
partners that manage hedge funds. KKR’s insurance subsidiaries
offer retirement, life and reinsurance products under the
management of Global Atlantic Financial Group. References to KKR’s
investments may include the activities of its sponsored funds and
insurance subsidiaries. For additional information about KKR &
Co. Inc. (NYSE: KKR), please visit KKR’s website at
www.kkr.com. For additional information about Global
Atlantic Financial Group, please visit Global Atlantic Financial
Group’s website at www.globalatlantic.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241021128092/en/
Media Miles Radcliffe-Trenner or Lauren McCranie
media@kkr.com
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