KKR Acquires Three Self-Storage Properties Serving the Atlanta, St. Petersburg and Washington D.C. Markets
Summary
“We are excited to expand our self-storage portfolio with the addition of these three high-quality properties, which deepen our presence in Atlanta and establish new foundations for growth in St. Petersburg and Washington D.C.,” said Ben Brudney, a Director in the Real Estate group at KKR. The transactions follow KKR’s announcement last year of the launch of Alpha Storage Properties (ASP) to acquire and manage a portfolio of self-storage assets in high-growth markets and strategic infill locations across the country. KKR’s self-storage portfolio currently includes properties serving the Austin, Atlanta, Charlotte, Denver, Inland Empire, Nashville, Orlando, Phoenix, St. Petersburg and Washington D.C. markets. 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 The Global Atlantic Financial Group.