Loading... (0%)

BKM Capital acquires four industrial business parks

back +

Download PDF + | Visit Page +

APRIL 2016 | Real Estate Investment Times
05 April 2016 | Phoenix, Arizona
Reporter: Becky Butcher

BKM Capital Partners has acquired four industrial business parks comprising 442,173 square feet of space, in the Phoenix metro area for $34.5 million.

The properties include Rose Garden Business Park, Metro Industrial Center and 4100 Broadway in Phoenix. BKM also acquired the Arizona Corporate Center in Chandler, Arizona.

BKM also recently announced the close of its first institutional fund, BKM Industrial Value Fund I.

Brian Malliet, CEO and co-founder of BKM, commented: “As opposed to a slowdown, we are nurturing a growing pipeline of off-market investment opportunities, and have already invested roughly 50 percent of our equity in assets just six weeks after the fund closed.”

“The off-market acquisition of these four high-quality properties in the dynamic Phoenix market will add deep value to our growing portfolio, and we are eager to demonstrate proven returns in our multi-tenant light industrial product niche.”

BKM Capital acquires four industrial business parks

APRIL 2016 | Real Estate Investment Times
BKM Capital Partners has acquired four industrial business parks comprising 442,173 square feet of space, in the Phoenix metro area for $34.5 million. The properties include Rose Garden Business Park, Metro Industrial Center and 4100 Broadway in Phoenix. BKM also acquired the Arizona Corporate Center in Chandler, Arizona…
Read more +

BKM Capital Partners Acquires Four Light Industrial Business Parks in Phoenix Metro

APRIL 2016 | Commercial Executive Magazine
BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial, has acquired four industrial business parks encompassing 442,173 square feet in the Phoenix metro area for a total consideration of $34.45 million. The firm, which recently announced the final close of its debut institutional fund, BKM Industrial Value Fund I L.P., now has more than $150 million in assets under management…
Read more +

BKM Capital Partners Invests $34 Mil in Phoenix Industrial Assets

APRIL 2016 | RENTV
BKM Capital Partners picked up four industrial business parks encompassing 442.2k sf in the Phoenix metro area for a combined price of $34.45 mil ($78/sf). The firm, which recently announced the final close of its debut institutional fund, BKM Industrial Value Fund I L.P., now has more than $150 mil in assets under management…
Read more +

BKM closes debut fund at $105m

FEBRUARY 2016 | PERE
BKM Capital Partners has held a final close for its debut fund with $105 million in commitments, the firm said Friday…
Read more +