-+ 0.00%
-+ 0.00%
-+ 0.00%
Fortec Acquires Three KinderCare Properties in Louisville
Share
Listen to the news

Miami-based real estate firm Fortec has led the acquisition of three preschool properties in Louisville, Kentucky.

The transaction involves 31,326 square feet of purpose-built early education space on approximately 4.5 acres. Fortec acquired and owns two of the properties, while a Fortec investment partner owns the third. Financial terms were not disclosed in the announcement.

The transaction was completed in coordination with KinderCare Learning Companies, which took over operations of all three centers. The deal also brings Fortec’s track record to more than $270 million in educational real estate transactions across 39 properties in 15 states.

“This transaction reflects Fortec’s broader mission to provide the real estate foundation that allows exceptional early education operators like KinderCare to focus their resources on operating great schools,” said Pablo Barreiro, chairman of Fortec. “We’re excited to see these centers enter their next chapter under KinderCare’s leadership and the impact its significant investment will have on the children, families and staff who rely on these learning environments every day.”

The post Fortec Acquires Three KinderCare Properties in Louisville appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending