KKR & Co's (KKR) KREST Acquires 1.1M Square-Foot Warehouse in Atlanta
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KKR Expands Industrial Real Estate Footprint in Atlanta with Acquisition by KREST
September 17, 2021 4:30 PM EDTNEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (KREST) has acquired a 1.1 million square-foot, Class A industrial warehouse at Southern Gateway at Lambert Farms in Atlanta (McDonough), Georgia from PNK Group, an international real estate developer implementing full-cycle industrial projects.
Completed in 2020, the warehouse is centrally located in Atlantas logistics corridor with convenient access to the airport, the Port of Savannah and downtown and midtown Atlanta. The state-of-the-art structure features 40-foot clear height and two 190-foot truck courts. The property is 100% triple net leased to two... More
