217 DISTRIBUTION CENTER
Project Summary
date acquired
December 2023
location
Beaverton, OR
size
451,062
units
13
year built
1977
Investment Summary
In December 2023, BKM Capital Partners completed the acquisition of 217 Distribution Center, located in Portland, OR. The 451,062 square-foot light industrial asset includes 5 buildings and 13 units. This is BKM’s 7th acquisition in the Portland market.
Situated on over 22 acres on SW 11th Street, the 451,062 square-foot light industrial park will undergo numerous cosmetic and functional improvements through BKM's signature capital improvements package, including upgraded HVAC, roofs, and parking lots, as well as a refreshed paint scheme and upgraded signage across the business park. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.