SCOTTSDALE COMMERCE CENTER
Project Summary
date acquired
December 2021
location
Scottsdale, AZ
size
85,362
units
15
year built
1984
Investment Summary
BKM Capital Partners acquired Scottsdale Commerce Center in December 2021. Located in Scottsdale, AZ, the 85,362 square-foot multi-tenant industrial park consists of three light industrial buildings with 15 units.
The asset is located in the McDowell Road Corridor on the south end of Scottsdale; it is uniquely situated adjacent to multiple demand centers, including Downtown Scottsdale, Arizona State University, the Tempe business district, and Sky Harbor International Airport. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, and modern landscaping. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.