California State Route 905

KKR Expands Real Estate Industrial Portfolio in Southern California with New San Diego Acquisition

Retrieved on: 
Wednesday, January 6, 2021

KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California.

Key Points: 
  • KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California.
  • The property expands KKRs industrial real estate footprint in Southern California to approximately 2.4 million square feet.
  • It is located in the Otay Mesa submarket of San Diego with excellent access to SR-125, SR-905, I-805 and I-5.
  • We are excited to supplement our footprint in Southern California with the addition of this high quality asset, said Ben Brudney, a Director in the Real Estate group at KKR.