KKR has acquired two industrial properties – one located in Georgia and one in Texas. The properties serve the Atlanta and Dallas-Fort Worth metropolitan areas and were acquired in two separate transactions from two separate buyers for a total purchase price of approximately $300 million.

The Atlanta property is located in Buford, GA and consists of four newly constructed Class A industrial warehouses totaling 1.1 million square feet. The property is adjacent to I-85, an important regional trucking route. The buildings are leased to a diverse mix of high-quality tenants.

The SouthPointe acquisition includes two Class A industrial warehouse buildings in south Dallas built in 2017 totaling approximately 1.0 million square feet. The property is located at the intersection of I-35E and I-20, in the greater DFW metroplex. The two buildings were 100% leased to three tenants at acquisition.