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KKR Acquires Eastvale Warehouse for $136M
Investment firm KKR has purchased a 281,000-square-foot Class A warehouse property in the Inland Empire city of Eastvale, CA. While the firm did not disclose the purchase price, public records valued the transaction at $136.5 million, making it one of the largest industrial purchases in the region this year.
The building, located at 6300 Providence Way, features 32-foot clear heights, a 148-foot truck court, ample trailer parking and dock high doors. The site is in proximity to I-15, and about one hour from LAX and the Ports of Los Angeles and Long Beach.
“We are pleased to announce a purchase that adds to our Inland Empire footprint,” said Ben Brudney, a director of KKR’s Real Estate group. “We are continuing to invest in high-quality industrial real estate in strategic locations which we believe will continue to remain a mission-critical part of the supply chain for businesses of all sizes.”
- ◦Sale/Acquisition
