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Transactions - MAY 13, 2024

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KKR acquires Nashville logistics property

by Released

KKR has acquired a two-building class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed.

The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate proximity to the major interstate trucking highways I-24, I-40 and I-65. The second of the two multitenant industrial buildings was completed in 2023. The property features 30-foot and 32-foot clear heights with cross-dock and rear loading, excess power, and excellent access and site circulation.

“2 Dell Parkway is an exceptional property that aligns with our long-time strategy of investing in strategically located, modern logistics assets with flexible spaces that deliver great value to a wide range of quality tenants,” said Ben Brudney, a managing director in the real estate group at KKR who oversees the firm’s industrial investments in the United States. “Nashvil

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