KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market
KKR, a leading global investment firm, has acquired a portfolio of four Class A industrial warehouses in Central Florida. The properties, totaling approximately 1.2 million square-feet, are strategically located at the intersection of Interstate 4 and U.S. Route 27 in southwest Orlando. These assets are 100% leased to five high-quality tenants, including investment grade public companies and regional market leaders.
The acquisition was made through KKR's Real Estate Partners Americas III fund and brings KKR's total warehouse acquisitions in the U.S. to nearly eight million SF since the start of the year. Ben Brudney, a Managing Director in KKR's Real Estate group, highlighted the strong demand drivers and new supply in prime transit-adjacent distribution locations in southwest Orlando.
KKR's global real estate business manages $75 billion in assets as of June 30, 2024, with approximately 150 dedicated professionals across 16 offices.
KKR, un'importante società di investimento globale, ha acquisito un portafoglio di quattro magazzini industriali di Classe A nella Florida centrale. Le proprietà, che coprono circa 1,2 milioni di piedi quadrati, sono strategicamente situate all'incrocio tra l'Interstate 4 e la U.S. Route 27 nel sud-ovest di Orlando. Questi beni sono completamente affittati a cinque inquilini di alta qualità, tra cui aziende pubbliche di grado d'investimento e leader di mercato regionali.
L'acquisizione è stata effettuata tramite il fondo Real Estate Partners Americas III di KKR e porta il totale delle acquisizioni di magazzini di KKR negli Stati Uniti a quasi otto milioni di piedi quadrati dall'inizio dell'anno. Ben Brudney, Direttore Generale del gruppo Immobiliare di KKR, ha evidenziato i forti fattori di domanda e la nuova offerta in località di distribuzione di alto livello vicine ai trasporti nel sud-ovest di Orlando.
Il business immobiliare globale di KKR gestisce 75 miliardi di dollari in attività al 30 giugno 2024, con circa 150 professionisti dedicati in 16 uffici.
KKR, una empresa de inversión global líder, ha adquirido un portafolio de cuatro almacenes industriales de Clase A en Florida Central. Las propiedades, que suman aproximadamente 1.2 millones de pies cuadrados, están ubicadas estratégicamente en la intersección de la Interstate 4 y la Ruta 27 de EE. UU. en el suroeste de Orlando. Estos activos están 100% arrendados a cinco inquilinos de alta calidad, incluidas empresas públicas con grado de inversión y líderes del mercado regional.
La adquisición se realizó a través del fondo Real Estate Partners Americas III de KKR y lleva el total de adquisiciones de almacenes de KKR en EE. UU. a casi ocho millones de pies cuadrados desde el inicio del año. Ben Brudney, Director General del grupo de Bienes Raíces de KKR, destacó los fuertes impulsores de la demanda y la nueva oferta en ubicaciones de distribución cercanas al transporte en el suroeste de Orlando.
El negocio inmobiliario global de KKR gestiona $75 mil millones en activos a partir del 30 de junio de 2024, con aproximadamente 150 profesionales dedicados en 16 oficinas.
KKR은 글로벌 투자 분야의 선두 기업으로서 중앙 플로리다에서 4개의 A급 산업 창고 포트폴리오를 인수했습니다. 이 부동산들은 약 120만 평방피트에 달합니다. 남서 올랜도의 인터스테이트 4와 미국 27번 도로의 교차로에 전략적으로 위치해 있습니다. 이 자산들은 5명의 고품질 임차인에게 100% 임대되었습니다. 여기에는 투자 등급의 상장 기업과 지역 시장의 선도기업이 포함됩니다.
이번 인수는 KKR의 Real Estate Partners Americas III 펀드를 통해 이루어졌으며 KKR의 미국 내 총 창고 인수량은 올해 시작 이후 거의 800만 평방피트에 달합니다. KKR의 부동산 그룹 매니징 디렉터인 Ben Brudney는 남서 올랜도의 주요 물류 허브 인근에서 강력한 수요와 신규 공급의 존재를 강조했습니다.
KKR의 글로벌 부동산 사업은 2024년 6월 30일 기준으로 750억 달러의 자산을 관리하고 있으며, 약 150명의 전문 인력이 16개 사무소에 분포해 있습니다.
KKR, une société d'investissement mondiale de premier plan, a acquis un portefeuille de quatre entrepôts industriels de Classe A en Floride centrale. Les biens, totalisant environ 1,2 million de pieds carrés, sont situés stratégiquement à l'intersection de l'Interstate 4 et de la Route 27 des États-Unis, dans le sud-ouest d'Orlando. Ces actifs sont 100 % loués à cinq locataires de haute qualité, y compris des entreprises publiques de catégorie d'investissement et des leaders de marché régionaux.
L'acquisition a été réalisée par le biais du fonds Real Estate Partners Americas III de KKR et porte à près de huit millions de pieds carrés le total des acquisitions d'entrepôts de KKR aux États-Unis depuis le début de l'année. Ben Brudney, directeur général du groupe Immobilier de KKR, a souligné les forts moteurs de demande et la nouvelle offre dans des emplacements de distribution de premier ordre à proximité du transport dans le sud-ouest d'Orlando.
L'activité immobilière mondiale de KKR gère 75 milliards de dollars d'actifs au 30 juin 2024, avec environ 150 professionnels dédiés répartis sur 16 bureaux.
KKR, eine führende globale Investmentgesellschaft, hat ein Portfolio von vier A-Klasse Industrie-Warenhäusern übernommen in Zentralflorida. Die Immobilien mit einer Gesamtfläche von ca. 1,2 Millionen Quadratfuß sind strategisch an der Kreuzung der Interstate 4 und der U.S. Route 27 im Südwesten von Orlando gelegen. Diese Anlagen sind zu 100 % an fünf hochwertige Mieter vermietet, darunter börsennotierte Unternehmen mit Investment-Grade und regionale Marktführer.
Die Akquisition wurde durch KKR's Real Estate Partners Americas III Fonds getätigt und erhöht die Gesamtzahl der Lagerhausakquisitionen von KKR in den USA auf fast acht Millionen Quadratfuß seit Jahresbeginn. Ben Brudney, Managing Director des Real Estate-Teams von KKR, hob die starken Nachfragefaktoren sowie das neue Angebot in erstklassigen, verkehrsgünstig gelegenen Verteilungszentren im Südwesten von Orlando hervor.
Das globale Immobiliengeschäft von KKR verwaltet 75 Milliarden US-Dollar an Vermögenswerten zum 30. Juni 2024, mit etwa 150 engagierten Fachleuten in 16 Büros.
- Acquisition of 1.2 million square-feet of Class A industrial warehouses
- 100% occupancy with high-quality tenants
- Strategic location at the intersection of major transportation arteries
- Expansion of KKR's warehouse portfolio to nearly 8 million SF in 2024
- Strong demand drivers and new supply in the target market
- None.
Insights
KKR's acquisition of four Class A industrial warehouses in Central Florida represents a strategic move in the industrial real estate sector. The portfolio's 1.2 million square feet of fully leased space to high-quality tenants, including investment-grade public companies, indicates a stable income stream. The properties' location at the intersection of major transportation routes enhances their value proposition for distribution and logistics operations.
This acquisition aligns with the broader trend of increased demand for industrial real estate, particularly in high-growth markets like Central Florida. The 100% occupancy rate and the quality of tenants suggest strong market fundamentals and potential for rental growth. For KKR, this move expands their industrial real estate footprint, bringing their total U.S. warehouse acquisitions to nearly 8 million square feet this year alone.
The investment through KKR Real Estate Partners Americas III fund underscores the firm's commitment to the industrial sector. With
The acquisition of these four warehouses in Central Florida by KKR is a shrewd move in the logistics real estate market. The location at the crossroads of Interstate 4 and U.S. Route 27 is particularly significant. This intersection forms a important logistics hub, offering efficient access to major population centers in Orlando and Tampa, as well as to key ports and airports in the region.
The Central Florida market is experiencing robust growth in e-commerce and regional distribution networks. These warehouses, totaling 1.2 million square feet, are well-positioned to serve the increasing demand for last-mile delivery and regional distribution centers. The 100% occupancy rate with five high-quality tenants, including investment-grade companies, indicates strong market demand and the potential for stable, long-term cash flows.
Furthermore, the new supply in southwest Orlando, as mentioned by KKR's Managing Director, suggests a favorable supply-demand dynamic that could lead to rent growth and appreciation in property values. This acquisition aligns with the broader trend of institutional investors targeting high-quality industrial assets in strategic locations to capitalize on the ongoing e-commerce boom and evolving supply chain strategies.
(Photo: Business Wire)
The four industrial properties sit at the intersection of Interstate 4 and
“We are pleased to grow our footprint in
KKR is acquiring the portfolio through its KKR Real Estate Partners Americas III fund. The addition of this portfolio brings KKR’s total warehouse acquisitions in the
KKR’s global real estate business invests in high-quality, thematic real estate through a full range of scaled equity and debt strategies. Managing
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241021128092/en/
Media
Miles Radcliffe-Trenner or Lauren McCranie
media@kkr.com
Source: KKR & Co. Inc.
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