KKR’s Post

Logistics assets significantly impact real estate strategies by driving investment towards the industrial and logistics sector. This trend is evidenced by increased global investment in industrial real estate, highlighting its crucial role in supply chains and the economy. Companies like KKR demonstrate this by committing substantial resources to logistics assets, indicating their strategic importance.

🏢 Brookfield Properties Acquires Massive Industrial Portfolio for $1.3B 🚀 Brookfield Asset Management is making waves in the industrial sector with its latest acquisition of a 14.6M SF portfolio of infill light industrial assets for $1.3B. This purchase, covering 128 buildings across 20 markets, significantly boosts Brookfield’s global logistics footprint. Key Highlights: •Extensive Coverage: The portfolio includes 18 properties in Atlanta, 17 in Houston, 16 in Dallas, and 12 in Tennessee. •Massive Footprint: Brookfield’s existing portfolio now totals approximately 150M SF, with another 90M SF in development. •Sustainability Focus: Brookfield plans to enhance the buildings’ sustainability, efficiency, and safety. •Recent Activity: In May, Brookfield delivered a 146K SF logistics center in Pflugerville, Texas, and last month, it acquired another industrial portfolio for $825M. Despite cooling demand in the industrial sector, Brookfield remains bullish and continues its buying spree, leveraging $106B worth of dry powder to capitalize on opportunities. 📈 With a 6.5% vacancy rate still lower than pre-pandemic levels, Brookfield’s strategic investments position them well for future growth. What are your thoughts on the future of the industrial real estate sector? 🤔 Bisnow Chicagoland Chamber of Commerce #IndustrialRealEstate #Logistics #Brookfield #RealEstateInvesting #Sustainability #CommercialRealEstate #CRE https://lnkd.in/gPsyv8VN

🚀 Exciting News in the Texas Industrial Real Estate Market! 🚀 Brookfield Asset Management has made headlines again with their latest acquisition of a massive 14.6M SF portfolio of infill light industrial assets for $1.3B. This strategic move highlights the continued growth and demand in the industrial sector. In addition to Brookfield’s impressive buy, there have been several notable acquisitions in Texas this year: Pagewood and CenterSquare teamed up to acquire the Gateway Industrial Commons, a portfolio of industrial assets totaling 46 buildings in #Houston. CapRock Partners made their Texas industrial debut with the acquisition of Peachtree Distribution Center, a 396,750-square-foot facility in #Mesquite. DRA Advisors purchased an eight-building, 846,261-square-foot infill industrial portfolio in #Plano. These acquisitions demonstrate the resilience and potential of industrial real estate investments in Texas in 2024. As the industrial sector continues to flourish, supported by innovative strides and escalating construction outlays, it’s clear that industrial real estate remains a cornerstone for economic stability and growth. #IndustrialRealEstate #Brookfield #TexasRealEstate #RealEstateInvesting #2024Trends

Investor Duo Partners for Outdoor Storage Yard Acquisition Read the full article below..

Industrial Still Sells in SoCal, But the Market is Changing Dive into the evolving Southern California industrial market with our very own, Bob O'Neill (Senior Vice President, Acquisitions), and other industrial real estate professionals in this recent article from Connect CRE. ▶︎ Why investment interest in Southern California industrial properties remains strong despite increased vacancies and softened demand. ▶︎ How costs and higher interest rates are impacting new projects and overall market dynamics. ▶︎ What the future holds for industrial leasing as market conditions stabilize. Learn more 👉 https://lnkd.in/gDVZyKFu #caprockpartners #industrialrealestate #cre

CompStat🎯: Rexford Industrial expanded its Southern California industrial footprint with the acquisition of a 48-property, 3 million-square-foot portfolio in Los Angeles and Orange Counties, per a company press release. This buy brings Rexford’s SoCal portfolio close to 49 million square feet, just shy of Blackstone’s reported 50 million square feet in the same market. The portfolio traded at a reported $332 per square foot, which outpaced the average price per square foot for properties sold between Q4 2023 to Q1 2024 by 4.6%, according to CompStak’s data. Prologis, followed by Rexford and Norges Bank Investment Management rank highest for total current leased industrial square footage in Los Angeles and Orange Counties, according to CompStak’s #data. #commercialrealestate #realestate #technology #tech #industrial #losangelesrealestate

BIG NEWS: We are excited to announce the successful acquisition of three institutional-quality self-storage facilities in the Portland-Vancouver metro area, further strengthening our presence in the Pacific Northwest! Here’s why we love this deal: - Strategic Locations: Each facility is strategically positioned in dense, rapidly growing areas, benefiting from strong visibility and traffic counts, ensuring sustained demand. - Attractive Cap Rate: We secured the properties at an exceptional cap rate, reflecting our commitment to capitalizing on market inefficiencies and providing investors with day-one value. - Economic Growth: The surrounding areas display strong economic indicators, including significant population and income growth, which enhances the demand for storage solutions. With these new additions, we continue to capitalize on strategic market opportunities, providing value and returns to our investors. We want to thank everyone involved in making this happen. We look forward to the continued growth and success! #Closing #JustClosed #PacificNorthwest #PNW #CommercialRealEstate #CREInvesting #SelfStorage #SelfStorageInvesting FreeUp Storage

Phoenix Investors finds opportunities with the proper risk/reward metrics that allow us to acquire lower-risk assets efficiently and apply our experience and real estate fundamentals to maximize their future potential. Get in touch: 🔗 https://lnkd.in/geBB2xs #PhoenixInvestors #Industrial #Manufacturing #Warehouse #RealEstate #CommercialRealEstate #RiskManagement

Phoenix Investors finds opportunities with the proper risk/reward metrics that allow us to acquire lower-risk assets efficiently and apply our experience and real estate fundamentals to maximize their future potential. Get in touch: 🔗 https://lnkd.in/dRkg3-6 #PhoenixInvestors #Industrial #Manufacturing #Warehouse #RealEstate #CommercialRealEstate #RiskManagement

Phoenix Investors finds opportunities with the proper risk/reward metrics that allow us to acquire lower-risk assets efficiently and apply our experience and real estate fundamentals to maximize their future potential. Get in touch: 🔗 https://lnkd.in/ewJsuMR #PhoenixInvestors #Industrial #Manufacturing #Warehouse #RealEstate #CommercialRealEstate #RiskManagement