KKR: completes sale of industrial warehouses for $560m
(CercleFinance.com) - KKR today announced that it has sold over 5 million square feet (nearly 465,000 m2) of industrial warehouses and distribution properties for a total of over $560m.
The sales were carried out in five separate transactions with five separate buyers. The fifth and final transaction closed on 29 September.
The sales, consisting mainly of assets from KKR's Real Estate Partners Americas II fund, included over 50 industrial buildings located in high-growth infill markets in Atlanta, Dallas-Fort Worth, Chicago, the Lehigh Valley and central Pennsylvania.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The sales were carried out in five separate transactions with five separate buyers. The fifth and final transaction closed on 29 September.
The sales, consisting mainly of assets from KKR's Real Estate Partners Americas II fund, included over 50 industrial buildings located in high-growth infill markets in Atlanta, Dallas-Fort Worth, Chicago, the Lehigh Valley and central Pennsylvania.
Copyright (c) 2023 CercleFinance.com. All rights reserved.