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KKR Buys Seven Industrial Distribution Properties in Dallas and Atlanta Markets
Private equity giant KKR has purchased seven industrial distribution buildings totaling nearly 1.8 million sf serving the Dallas Fort Worth and Atlanta markets. The assets were acquired in three separate transactions with different sellers for an aggregate purchase price of approximately $272 million.
Since launching a dedicated real estate platform in 2011, KKR has grown real estate assets under management to approximately $41 billion across the U.S., Europe and Asia.
The purchases were completed over the past two months and include high quality Class A assets in Dallas, Fort Worth and Atlanta – all high growth markets benefiting from strong and diverse tenant demand. The tenant mix across the properties includes a leading ecommerce business, global logistics and manufacturing companies and a national health and beauty retailer.
- ◦Sale/Acquisition
