KKR-backed Global Atlantic Financial Group completed the acquisition of Atlantic Yards from Hines.

KKR-backed Global Atlantic Financial Group, a company which offers a broad range of retirement, life and reinsurance products, completed the acquisition of Atlantic Yards, a class A trophy, two-building office asset located in Midtown Atlanta, from Hines, a global real estate firm. Financial terms were not disclosed. “Atlanta is one of the fastest growing technology hubs in the Sunbelt, thanks to its great academic institutions, diverse talent and long history of serving as home to leading Fortune 500 companies. As one of the highest quality properties in the market, with strategic importance to a blue-chip tenant, Atlantic Yards provides a long-term, yield-oriented exposure that is a perfect match for our insurance capital. We are delighted to transact with the great teams at Hines and Invesco Real Estate and we look forward to adding this property to our portfolio in Atlanta,” Roger Morales, KKR Partner and Head of Real Estate Acquisitions in the Americas.