KKR completed the acquisition of three self-storage properties for $70m.

KKR completed the acquisition of three Class A self-storage properties for, $70m. “We are excited to expand our self-storage portfolio with the addition of these three high-quality properties, which deepen our presence in Atlanta and establish new foundations for growth in St. Petersburg and Washington D.C. We believe the self-storage sector has attractive long-term, through-cycle fundamentals and look forward to growing our footprint further in the space by investing in great properties located in markets with strong demand tailwinds," Ben Brudney, KKR Director in the Real Estate group.