Global investment firm KKR has aggressively expanded its industrial holdings with a number of significant industrial acquisitions this year. In the most recent purchase, KKR has acquired a 9.7 million-square-foot industrial portfolio for $835 million. The purchase grew the firm's holdings by nearly one-third, giving KKR a total of 30 million square feet in industrial assets.

KKR acquired the 9.7 million-square-foot portfolio through its Real Estate Partners Americas Fund II from High Street Logistics Properties. The properties are located near infill submarkets in Atlanta, Baltimore, Chicago, Central Florida, Dallas, Central Pennsylvania and South Florida.

KKR has been on an industrial buying spree this year, acquiring several industrial portfolios in the last few months alone. Earlier in December, KKR acquired two industrial distribution properties in Texas totaling approximately 1.8 million square feet for $171 million.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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