KKR (KKR) PT Raised to $29 at Morgan Stanley

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Go back to KKR (KKR) PT Raised to $29 at Morgan Stanley

KKR & Co. (KKR) in JV with Banyan Street Capital Acquires Salesforce Tower in Atlanta, GA for $205M

August 1, 2019 8:20 AM EDT

KKR (NYSE: KKR), a leading global investment firm, today announced that it has acquired Salesforce Tower in Atlanta. KKR made the acquisition together with Banyan Street Capital in a joint venture valued at $205 million.

Salesforce Tower is a 631,808 square foot, 34 story, Class A office tower located in Atlantas Buckhead submarket, one of the Southeasts strongest and most desirable office submarkets. Salesforce Tower recently underwent $14 million of upgrades and renovations. Major tenants include the regional hub for Salesforce.com and the corporate headquarters for... More