WEST VALLEY BUSINESS PARK
Project Summary
date acquired
October 2019
location
Kent, WA
size
205,655 SF
units
180
year built
1982
Investment Summary
In October 2019, BKM Capital Partners completed the acquisition of West Valley Business Park in Kent, WA. The 205,655 square-foot infill multi-tenant business park consists of 19 buildings with 180 units.
The property is strategically located south of I-5 and I-405 freeway, 19 miles south of Downtown Seattle, with frontage on SR-181 (the “West Valley Highway”). 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.