KKR Expands Industrial Real Estate Footprint in Tampa with New Acquisition | Business

 KKR Expands Industrial Real Estate Footprint in Tampa with New Acquisition | Business

NEW YORK–(BUSINESS WIRE)–May 3, 2021–

KKR, a leading global investment firm, today announced the acquisition of a 178,400 square foot industrial property in Tampa, Florida.

The asset is located in a highly infill location in East Tampa, approximately fifteen minutes from Tampa’s vibrant downtown, and was newly built in 2020 with state-of-the-art physical features including 32’ clear height. The property was 100% leased at acquisition to three tenants.

The acquisition expands KKR’s industrial real estate footprint in the greater Tampa market to 1.4 million square feet.

“We are long term believers in Florida’s continued growth story,” said Roger Morales, KKR Partner and Head of Commercial Real Estate Acquisitions in the Americas. “The demographic growth in Tampa in particular has…

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