KKR is reportedly close to striking a deal to acquire 100 industrial properties valued at more than $800 million, according to Bloomberg, which bases its report on unknown sources. If it does materialize, it will be the latest in a series of industrial deals announced in the last few days.
According to Bloomberg, the portfolio, which includes assets in markets including Atlanta, Chicago, Dallas and Baltimore, is financed by about $700 million in commercial mortgage-backed securities by Barclays Plc.
Separately, this morning KKR reported that it had acquired two industrial distribution properties in Texas totaling approximately 1.8 million square feet for $171 million.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
