NEW YORK, NY – Strategic Lease Partners, an NNN real estate investment platform launched by global investment firm KKR, closed six transactions in Q4 2021, totaling $780 million.
The six closed transactions comprised 31 individual assets that span nearly 5.4 million square feet, with a weighted average lease term of more than 16 years.
The acquisitions primarily consisted of mission critical industrial assets, with a focus on sale-leasebacks for private equity-backed companies. Comprising both domestic and cross-border portfolios, the transactions ranged from under $15 million for a single property to more than $500 million for a portfolio of assets. More than half of the assets hold LEED designation.
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