For additional information about KKR & Co. ![]() References to KKR's investments may include the activities of its sponsored funds. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR is making the investment through its Real Estate Partners Americas Fund II. Banyan Street Capital will manage the property directly. Ongoing improvements to the tower will further solidify its position as a top tier destination for talent in Buckhead and across Atlanta.”Ī CBRE team of Chris Port, Nicole Goldsmith and Kyle Kenyon have been retained to lease the tower. ![]() “We continue to believe in Atlanta’s momentum and the dynamic ecosystem of the Buckhead office market. “We are delighted to partner with KKR in the next chapter of this iconic tower’s history,” said Rudy Touzet, Founder and CEO of Banyan Street Capital. KKR’s partner on the transaction, Banyan Street Capital, was already invested in the asset with a prior partner. Buckhead continues to draw big-name tech tenants including Amazon and Fleetcor Technologies, which recently announced the relocation of its headquarters into the submarket. Salesforce Tower is positioned to benefit from nearly 1,500 new urban, upscale residential units in Buckhead as well as a new six-acre park and Nobu Hotel. ![]() “We believe Atlanta’s young and educated workforce and affordable cost of doing business will lead to continued outsized performance, particularly in infill, highly amenitized, increasingly 24-hour submarkets like Buckhead.” “We’re long term believers in the Atlanta growth story,” said Roger Morales, KKR Member and Head of Commercial Real Estate Acquisitions in the Americas. KKR and Banyan Street Capital are planning an additional $5 million in capital improvements which will address enhancements to the fitness center, retail concourse, outdoor plaza and tenant elevator landings and corridors. Salesforce Tower offers immediate public transportation accessibility as it sits directly on the MARTA line and interstate system. Major tenants include the regional hub for and the corporate headquarters for RentPath and Rubicon Global. Salesforce Tower recently underwent $14 million of upgrades and renovations. Salesforce Tower is a 631,808 square foot, 34 story, Class A office tower located in Atlanta’s Buckhead submarket, one of the Southeast’s strongest and most desirable office submarkets. KKR made the acquisition together with Banyan Street Capital in a joint venture valued at $205 million. KKR, a leading global investment firm, today announced that it has acquired Salesforce Tower in Atlanta. Salesforce Tower is LEED Platinum Certified.New Investment Underscores Commitment to Sunbelt Growth Adhering to stringent San Francisco noise codes, Cerami made sure that the tallest building in the city achieved the highest standards. Signature Solution: Providing base building acoustical design, we assessed the environmental strains on the location, taking into consideration that it is in the center of a primary commercial and transportation hub. Our services included local floor air-handler sound attenuation and glass solutions to mitigate external noise. In keeping with the team’s desire to create a seamless fusion of the most cutting-edge architectural achievements in sustainability, technology and engineering, we designed the tower to NC40, designed the façade to meet CalGreen Code, provided Class A interior sound levels, and a design for their onsite generator to reduce the impact to both tenants of the building and external sensitive receivers. And Cerami is proud to have helped them achieve their vision, acoustically. ![]() Salesforce Tower, the 1070-foot tall building in San Francisco, is proud to be the first-of-its-kind workspace designed specifically to promote the health and well-being of its occupants.
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