Newport Beach firm makes its second Denver property purchase for $24.3M

A five-building industrial property in Denver called Valley Business Center was purchased by BKM Capital Partners for $24.3 million. The Newport Beach, California-based institutional fund manager specializes in acquiring and improving multi-tenant industrial properties. It was sold by Mountain West Industrial Properties. Murray Platt, Doug Viseur, and Daniel Close of CBRE represented it in the transaction. BKM represented itself. The industrial property, located at 700 W. Mississippi Ave., is 100 percent occupied and has 20 tenants including FedEx, Colorado Lottery, Black and Decker and Municipal Energy Systems. It was constructed in 1983 and according to Brett Turner, Managing Director of A

BKM Capital Partners Buys Denver Industrial Asset

The company paid nearly $24 million for the property, which was 100 percent leased to 20 tenants at the time of sale. BKM Capital Partners has acquired Valley Business Center, an industrial property in Denver, Colo., for $24.3 million from Mountain West Industrial Properties. The 203,231-square-foot complex consists of five buildings that are 100 percent occupied by 20 tenants, including FedEx and Black & Decker. Built in 1983, the property is located at 700 W. Mississippi Ave. The institutional-grade asset features concrete tilt-up wall construction, 16 to 20-foot clear heights and ESFR sprinkler systems. The complex is situated about 3.5 miles south of downtown Denver and provides easy acc

BKM Capital Partners Spends $24 Mil on Denver Industrial Park

BKM Capital Partners has acquired Valley Business Center, a 203.2k sf, five-building multi-tenant light industrial property in Denver, CO, for $24.3 mil ($120/sf). The property was sold by Mountain West Industrial Properties. Valley Business Center is located at 700 West Mississippi Ave, near a strong network of surrounding highways including Hwy 85 and Denver’s main artery, I-25. It is also strategically positioned between downtown Denver, Cherry Creek and the Denver Tech Center, the largest office submarkets in the city with projected employment rates in the metro region set to increase by 26% by 2023. Valley Business Center is currently 100% occupied. It is occupied by 20 different tenant

BKM Capital Partners Acquires 203,231 SF Multi-Tenant Industrial Property in Denver, CO for $24.3 Mi

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Valley Business Center, a 203,231 square-foot, five-building. February 21, 2019 — BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Valley Business Center, a 203,231 square-foot, five-building multi-tenant light industrial property in Denver, Colorado. The industrial complex was acquired for $24.3 million. “The central Denver industrial submarket has consistently outperformed many of Denver’s other major submarkets with historically low vacancy rates and high dema

BKM CAPITAL PARTNERS ACQUIRES 203,231 SQUARE-FOOT MULTI-TENANT INDUSTRIAL PROPERTY IN DENVER, CO FOR

This property encompasses five buildings and is located in a submarket with historically low industrial vacancy, consistently lower than many of Denver’s other major submarkets DENVER, Colo., (February 20, 2019) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Valley Business Center, a 203,231 square-foot, five-building multi-tenant light industrial property in Denver, Colorado. The industrial complex was acquired for $24.3 million. “The central Denver industrial submarket has consistently outperformed many of Denver’s other major submarkets with historically low vacancy rates and high demand,” says

Investors Eager For More Properties In Sorrento Mesa

Sorrento Mesa, already a hot submarket as an epicenter of tech in greater San Diego, continues to attract investors. Two separate deals were inked in the first week of February. Waples Industrial Centre Salt Lake City-based Bridge Investment Group has acquired the 97K SF Cornerstone Plaza office property in Sorrento Mesa for an unspecified price, and Newport Beach-based BKM Capital Partners bought a 99K SF industrial/flex portfolio totaling four buildings, two of which are in Sorrento Mesa, forming the Waples Industrial Centre (the other two buildings are in Carlsbad). These investors are hardly alone in their interest in Sorrento Mesa. In December, TH Real Estate acquired The Yard in Sorren

BKM Capital Partners acquires industrial properties in San Diego and Carlsbad

Newport Beach-based BKM Capital Partners, an institutional fund manager, has acquired a multi-tenant industrial/flex portfolio totaling 99,187 square feet in San Diego. Del Abeto Commerce Center Encompassing four buildings in two projects in the Carlsbad and Sorrento Mesa submarkets, the portfolio sold for a combined $16.55 million. The seller was 3G Properties LP. Located at 6352 and 6354 Corte Del Abeto in Carlsbad, Del Abeto Commerce Center was developed in 1986 and consists of 63,893 square feet within two industrial/flex buildings on 5.78 acres. Key features include 18-foot high bays and grade level roll up doors. Located in Sorrento Mesa, Waples Industrial Centre, developed in 1988, co

U.S. Logistics & Industrial Outlook

Phoenix Industrial Forum. Download the full article here: U.S. Logistics & Industrial Outlook #CushmanWakefield #PhoenixIndustrialForum #USLogisticsIndustrialOutlook

BKM Capital Partners Confirms its Position as the Most Active Buyer of Light Multi-Tenant Industrial

NEWPORT BEACH, CA – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant investments, has closed its strongest year yet with the acquisition of three multi-tenant industrial portfolios, bringing the firm’s total portfolio acquisitions in the past year to over $319 million spanning 2,000,000 square feet. Just this week, the firm acquired a two-property portfolio consisting of four buildings totaling 99,187 square feet in San Diego, California. “BKM is dominating the light multi-tenant industrial market, and we are widely recognized as the most active buyer of light multi-tenant industrial portfolios in the Western U.S.,” says Brian

BKM Capital Partners Acquires Three Industrial Portfolios in California, Arizona for $138.7M

NEWPORT BEACH, CALIF. — Newport Beach, Calif.-based BKM Capital Partners, through its BKM Industrial Value Fund II, has acquired three industrial portfolios for a combined consideration of $138.7 million. Fullerton Business Center The company purchased a two-property portfolio consisting of four buildings totaling 99,187 square feet in metro San Diego. 3G Properties sold the properties for $16.6 million. At the time of sale, the property was 96 percent occupied with rents that range from 20 percent to 39 percent below market rate. The properties include Del Abeto Commerce Center, located at 6325 and 6354 Corte del Abeto in Carlsbad, Calif.; and Waples Industrial Centre, located at 9540 and 9

BKM CAPITAL PARTNERS ACQUIRES THREE INDUSTRIAL PORTFOLIOS $138M

Newport Beach, Calif.-based BKM Capital Partners, through its BKM Industrial Value Fund II, has acquired three industrial portfolios for a combined consideration of $138.7 million. Fullerton Business Center The company purchased a two-property portfolio consisting of four buildings totaling 99,187 square feet in metro San Diego. 3G Properties sold the properties for $16.6 million. The properties include Del Abeto Commerce Center, located at 6325 and 6354 Corte del Abeto in Carlsbad, Calif.; and Waples Industrial Centre, located at 9540 and 9550 Waples St. in Sorrento Mesa, Calif. BKM also acquired South Bay Portfolio, a five-building light industrial portfolio in Fremont, Calif., from Stockb

BKM Grows West Coast Industrial Portfolio

BKM Capital Partners closed its strongest year yet with the acquisition of three multi-tenant industrial portfolios, bringing the firm’s total portfolio acquisitions in the past year to more than $319 million, spanning two million square feet. The Newport Beach, CA-based firm’s latest acquisition is a two-property portfolio consisting of four buildings totaling 99,187 square feet in San Diego, CA. BKM Capital Partners’ Brian Malliet says, “BKM is dominating the light multi-tenant industrial market, and we are widely recognized as the most active buyer of light multi-tenant industrial portfolios in the Western U.S.” The San Diego properties were acquired for $16.6 million and are located at:

BKM Capital Partners Closes on Third of Three Recent Light Industrial Portfolio Buys that Total Over

BKM Capital Partners acquired a two-property portfolio in San Diego for $16.6 mil. For BKM, this purchase is one of three recent light industrial multi-tenant portfolio acquisitions, which encompass more than 769.4k sf for a combined total price of $138.7 mil. Each of these three acquisitions was acquired through BKM Industrial Value Fund II, L.P. Del Abeto Commerce Center In this latest transaction, BKM Capital Partners paid $16.6 mil for two properties totaling 99.2k sf. One of the properties is Del Abeto Commerce Center, located at 6352 and 6354 Corte del Abeto in Carlsbad. The other property is Waples Industrial Centre, located at 9540 and 9550 Waples St in Sorrento Mesa. The portfolio i

BKM CAPITAL PARTNERS CONFIRMS ITS POSITION AS THE MOST ACTIVE BUYER OF LIGHT MULTI-TENANT INDUSTRIAL

NEWPORT BEACH, Calif., (Feb. 1, 2019) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant investments, has closed its strongest year yet with the acquisition of three multi-tenant industrial portfolios, bringing the firm’s total portfolio acquisitions in the past year to over $319 million spanning 2,000,000 square feet. Just this week, the firm acquired a two-property portfolio consisting of four buildings totaling 99,187 square feet in San Diego, California. “BKM is dominating the light multi-tenant industrial market, and we are widely recognized as the most active buyer of light multi-tenant industrial portfolios in the Weste

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BKM CAPITAL PARTNERS

 

Headquartered in Newport Beach, California, BKM Capital Partners is a real estate fund manager specializing in the acquisition and improvement of value-add multi-tenant industrial properties in metro areas across the Western U.S. Combining a deep knowledge of this niche industrial product type with in-house capabilities including on-site property management, asset management, and leasing to reposition and institutionalize light industrial assets, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors. 

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BKM MANAGEMENT COMPANY

 

BKM Management Company manages a portfolio of 8.7 million square feet of multi-tenant industrial properties for BKM Capital Partner’s private and institutional investors. With a focus on “boots on the ground” execution at the property level, BKM has in-house capabilities for both property management and leasing. The teams at the property level are focused on ensuring the tenants thrive and that the properties managed in the most efficient way.

 

 

 

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