KKR Expands Industrial Real Estate Portfolio in the Inland Empire
Summary
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that KKR has purchased 6300 Providence Way, a Class A warehouse property located in Eastvale, California, a highly infill submarket of the Inland Empire. The building was delivered in 2017 and totals approximately 281,000 square-feet (SF) of warehouse space with 32-foot clear heights, a 148-foot truck court and ample trailer parking and dock high doors. “ We are pleased to announce the purchase of 6300 Providence Way, an acquisition that adds to our Inland Empire footprint,” said Ben Brudney, a Director in the Real Estate group at KKR who oversees the firm’s industrial investments in the United States. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR’s insurance subsidiaries offer retirement, life, and reinsurance products under the management of Global Atlantic Financial Group.