KKR Acquires Industrial Property In Boynton Beach From High Street Logistics Properties For $13M

The industrial property located at 6600 & 7700 High Ridge Road in Boynton Beach has been sold in a transaction. The property spans 83,378 square feet and has been sold for a price of $13,000,000, resulting in a price per square foot of $156. The buyer in the transaction is KKR, represented by Henry Kravis. The seller is High Street Logistics Properties. CBRE, represented by Bob Sulentic, acted as the broker in the deal.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $13,000,000
• Address: 6600 & 7700 High Ridge Road, Boynton Beach
• Market: Boynton Beach
• Buyer: KKR - Henry Kravis
• Seller: High Street Logistics Properties
• Broker: CBRE - Bob Sulentic
• Square Footage: 83,378
• Price Per Square Foot: $156

Bob Sulentic, from CBRE, played a crucial role as the broker in this transaction, handling the deal on behalf of KKR and Henry Kravis. The involvement of these key individuals and companies, along with the details previously mentioned, highlights the significance of this industrial property sale in Boynton Beach.