KKR: invests $234 million in Texas logistics park
Scheduled for completion between 2017 and 2022, the park covers some 930,000 sq.m. and boasts a strategic location with direct access to major transportation routes.
KKR made the acquisition via its KKR Real Estate Partners Americas III fund.
The company recalls having committed or acquired nearly $7.5 billion in logistics assets since 2018, owning nearly 4.5 million m² of industrial real estate in the United States.
The company also manages $71 billion in real estate assets worldwide.
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