PACIFIC BUSINESS CENTER
Project Summary
date acquired
July 2019
location
Las Vegas, NV
size
898,389 SF
units
42
year built
1985
Investment Summary
BKM Capital Partners acquired Pacific Business Center in July 2019. Located in Las Vegas, NV, the 898,389 square-foot multi-tenant business park consists of 13 buildings with 42 units.
The property has immediate access to the I-215 and US-95 (I-515) freeways, two critical transportation corridors for tenants in the Las Vegas and Henderson markets. The property is less than nine miles from McCarran International Airport and under 13 miles from the Las Vegas Strip. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, and modernized landscaping. BKM also addressed deferred maintenance on roofing, HVAC, and parking lot. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.