KKR has made a big move in the greater Central Florida area by announcing the acquisition of a 1.2 million square foot industrial portfolio.
The assets include four sites, which serve regions including Tampa and Orlando. Of those, two are located in southwest Orlando, which, according to KKR, "facilitate access to key demand drivers across Central Florida." Also, the portfolio lies at the section of Interstate 4 and U.S. Route 27.
The four properties are fully leased to five tenants, which include regional market players, and investment grade public firms. The purchase price for the portfolio was not revealed by the firm.
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