Updated Dec 4, 2024
KKR Acquires Industrial Real Estate Portfolio In Buford, Georgia & Dallas, Texas For $300M
Buford, Texas, United States
$300,000,000
$142/SF
Building Size
2,100,000 SF
Asset Type
Industrial
Closing
Aug 8, 2022
About this deal
AI
An industrial real estate portfolio located in Buford, Georgia and Dallas, Texas has recently been sold for approximately $300,000,000. The portfolio spans a total of 2,100,000 square feet, resulting in a price per square foot of $143.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $300,000,000 (Approx.)
- Address: Industrial Real Estate Portfolio
- Market: Buford, Georgia & Dallas, Texas
The buyer of this industrial real estate portfolio is KKR, represented by Ben Brudney.
With this transaction, KKR has acquired a significant industrial asset in the Buford, Georgia and Dallas, Texas markets. The portfolio, comprising of 2,100,000 square feet, has been sold for an approximate amount of $300,000,000. The purchase price reflects a per square foot cost of $143. The acquisition of this industrial real estate portfolio further strengthens KKR's presence in the industrial property market.
On the Map
$300,000,000
$142/SF
Industrial
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Players
Socorro Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93