KKR, a leading global investment firm, today announced that KKR has added to its national portfolio of self-storage real estate with the purchase of three Class A properties in Denver and Nashville. The properties were acquired by KKR’s Americas opportunistic equity real estate fund, KKR Real Estate Partners Americas III, in two separate transactions with two separate sellers.
The transactions follow KKR’s announcement in December 2021 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.
Since launching a dedicated real estate platform in 2011, KKR has grown real estate assets under management to approximately $41 billion across the U.S., Europe and Asia as of December 31, 2021. The global real estate team consists of over 135 dedicated investment professionals, spanning both the equity and credit businesses.
Read more: Businesswire
