VALLEY BUSINESS CENTER
Project Summary
date acquired
February 2019
location
Centennial, CO
size
203,231 SF
units
19
year built
1957-1984
Investment Summary
In February 2019, BKM Capital Partners acquired Valley Business Center in Centennial, CO. The 203,231 square-foot multi-tenant business park consists of five buildings with 19 units.
The property is uniquely located in the highly sought-after South-Central Denver submarket alongside I-25, a leading transportation corridor providing direct access to the primary metropolitan and employment hubs in Downtown Denver and Denver Tech Center. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a façade upgrade, refreshed paint scheme, upgraded signage, modernized landscaping, and reconfigured overbuilt office space into functional industrial spaces. 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.