KKR launches self-storage investment platform with Jonathan Perry
KKR has launched its platform to invest in self-storage real estate across the United States. Industry veteran Jonathan Perry will serve as CEO of the platform, Alpha Storage Properties (ASP), and work closely with KKR’s real estate team to acquire and manage a portfolio of self-storage assets in high-growth markets and strategic infill locations across the country.
Over the past few months, prior to the launch of ASP, KKR’s real estate funds have purchased 16 self-storage assets for approximately $300 million across major growth markets, including, Austin, Atlanta, Charlotte, Denver the Inland Empire, Nashville, Orlando and Phoenix. The seed portfolio includes approximately 11,700 units or 1.2 million square feet. The go-forward ASP platform led by Jonathan Perry will further accelerate the firm’s self-storage strategy and enhance its presence in the sector.
“We are thrilled to launch ASP under Jonathan’s leadership. His deep knowledge of the self-storage se