KKR, a New York-based global investment firm, has purchased a two-building, about 1.5 million-square-foot distribution complex in Allentown, Pennsylvania.
KKR Expands Pennsylvania Industrial Portfolio With Lehigh Valley Purchase
Global Investment Firm Picks Up 1.5 Million-Square-Foot Distribution Property
![The property is located off <bsp-property-link href="http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D167709571" target="_blank" property-id="167709571" label="Industrial Boulevard" class="rte2-style-costar-rte-PropertyLinkRichTextElement" link-data="{"cms.site.owner":{"_ref":"00000164-904d-d794-ad6f-dcff6d680000","_type":"ae3387cc-b875-31b7-b82d-63fd8d758c20"},"cms.content.publishDate":1640815781757,"cms.content.publishUser":{"_ref":"00000166-b63d-d0e4-ade7-fefd98da0000","_type":"6aa69ae1-35be-30dc-87e9-410da9e1cdcc"},"cms.content.updateDate":1640815781757,"cms.content.updateUser":{"_ref":"00000166-b63d-d0e4-ade7-fefd98da0000","_type":"6aa69ae1-35be-30dc-87e9-410da9e1cdcc"},"linkText":"Industrial Boulevard","deepLinkId":"167709571","link":{"target":"NEW","attributes":[{"name":"property-id","value":"167709571","_id":"0000018b-668e-d5c7-a9db-7eae51840001","_type":"150982d2-afb0-32bc-8e8f-34b38a365261"},{"name":"label","value":"Industrial Boulevard","_id":"0000018b-668e-d5c7-a9db-7eae51840002","_type":"150982d2-afb0-32bc-8e8f-34b38a365261"},{"name":"class","value":"rte2-style-costar-rte-PropertyLinkRichTextElement","_id":"0000018b-668e-d5c7-a9db-7eae51840003","_type":"150982d2-afb0-32bc-8e8f-34b38a365261"}],"url":"http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D167709571","_id":"0000018b-668e-d5c7-a9db-7eae51840000","_type":"ff658216-e70f-39d0-b660-bdfe57a5599a"},"disableRelation":false,"_id":"0000017e-083d-dce6-a3ff-d87fd9610000","_type":"a02711fd-84cb-3e05-af9a-9cc94da9728a"}" data-deep-link-type="property" data-deep-link-id="167709571" data-disable-relation="false">Industrial Boulevard</bsp-property-link> in the heart of the Lehigh Valley adjacent to Interstate 78, providing access to major East Coast metropolitan areas; New York, Washington and Philadelphia are within a one- to three-hour drive. (CoStar)](https://costar.brightspotcdn.com/dims4/default/335bc53/2147483647/strip/true/crop/2100x1176+0+0/resize/2100x1176!/quality/100/?url=http%3A%2F%2Fcostar-brightspot.s3.us-east-1.amazonaws.com%2F39%2F0c%2F227997cb4a2f81bc0031275484a1%2Fpid-10229091.jpg)
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IN THIS ARTICLE
- Properties
- Building A
7350 Industrial Blvd, Allentown, PA
- Building B
7356 Industrial Blvd, Allentown, PA
- Companies
- Kohlberg Kravis Roberts & Co. L.P.
Finance and Insurance