TIGARD BUSINESS PARK
Project Summary
date acquired
September 2024
location
Tigard, OR
size
256,084 SF
units
33
year built
1983
Investment Summary
BKM Capital Partners acquired Tigard Business Park in September 2024. Located in Tigard, OR, the 256,084 square-foot multi-tenant industrial park consists of eight buildings with 33 units.
The property is located in the highly sought-after Tigard submarket of Portland, with excellent proximity to executive housing surrounding Lake Oswego. Adjacent to the intersection of SR-217 and SR-99W, the asset has premier access to I-5 and SR-205. 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.