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California  + Inland Empire  + Industrial  | 
KKR Acquires Eastvale Warehouse for $136M

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.”

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Inside The Story

KKRBen Brudney

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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