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KKR Acquires Tampa Industrial Property to Expand Industrial Real Estate Footprint
Tuesday 04 May 2021

New York-based investment firm KKR has acquired a 178,400-SF industrial property in Tampa, Florida, 100% leased to three tenants, to expand industrial real estate footprint in the greater Tampa market to 1.4m square feet, the company said.

Terms of the transaction were not disclosed.

KKR is making the investment through its Americas opportunistic equity real estate strategy. Across its funds, KKR owns nearly 34m square feet of industrial property in strategic locations across major metropolitan areas in the US.

Since launching a dedicated real estate platform in 2011, KKR has grown its real estate assets under management to approximately USD 28bn across the US, Europe and Asia Pacific as of December 31, 2020.
Date Published: 04/05/2021