Suburban Las Vegas Business Park Sells for $111.25Mln

BKM Capital Partners has paid $111.25 million, or nearly $124/sf, for the 898,389-square-foot Pacific Business Center in the Las Vegas suburb of Henderson, Nev. The complex consists of 13 buildings at 1045-1175 American Pacific Drive, 160-194 Gallagher Crest Road and 1060-1110 Mary Crest Road. The seller was not disclosed. The buildings, which were constructed between 1996 and 1998, are 85 percent leased to tenants that include Handbag Express, P.I. Upholstery, Arvco Container Corp., Vegas Plumbing Service, Closet & Storage Concepts and Future & Active Pilot Advisors. The acquisition is the largest for BKM Capital, a Newport Beach, Calif., investment manager, which was founded in 2013. The c

BKM Capital Partners Buys 898,389 SF Pacific Business Center in Nevada for $111M

HENDERSON, NEV. — BKM Capital Partners has purchased Pacific Business Center, a light multi-tenant industrial property in Henderson, for $111.2 million. The 13-building asset is located at 1045-1175 American Pacific Drive, 160-194 Gallagher Crest Road and 1060-1110 Mary Crest Road and offers a total of 898,389 square feet of industrial space. Constructed between 1996 and 1998, Pacific Business Center has undergone more than $12.4 million in capital improvements since 2010. Renovations included high-quality HVAC and EVAP systems, LED lighting, upgraded office finishes and new exterior paint. The property features 24-foot to 28-foot clear heights, ESFR sprinkler systems and new thermoplastic p

BKM Capital Partners Acquires 898,389 Square-Foot Multi-Tenant Industrial Property in Henderson, Nev

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant investments, has surpassed $1 billion in assets under management with the acquisition of Pacific Business Center, a 898,389 square-foot, 13-building light multi-tenant industrial property in Henderson, Nevada. The industrial complex was acquired for $111,250,000 and is BKM’s largest acquisition to date. “Reaching $1 billion in assets under management is a major milestone for BKM that speaks to the strength of our ongoing investment strategy,” says Brian Malliet, Co-Founder and CEO of BKM Capital Partners. “We have been bullish on acquisitions over the past two years, consistentl

BKM Buys Massive Nevada Industrial Property for $111M

The 13-building property totals nearly 900,000 square feet, making it the firm’s largest acquisition to date. BKM Capital Partners has acquired the Pacific Business Center in Henderson, Nevada, for $111.3 million. The 13-building property totals nearly 900,000 square feet and is BKM’s largest acquisition to date. The property is located at 1045-1175 American Pacific Drive; 160-194 Gallagher Crest Road and 1060-1110 Mary Crest Road in Henderson. The property was built in the late 90s but has received $12.4 million in capital improvements since 2010, which include high quality HVAC and EVAP systems, LED lighting, upgraded office finishes and new exterior paint. Additionally, the asset offers t

BKM Capital Partners Buys Nevada Biz Campus for $111 Mil

Pacific Business Center, a 13-building, 898.4k sf light multi-tenant industrial property in Henderson, NV, traded hands in a recent transaction worth $111.25 mil ($124/sf). The property was purchased by BKM Capital Partners in the Newport Beach-based firm’s largest acquisition to-date. Constructed from 1996 to 1998, Pacific Business Center is an institutional-grade asset that has received over $12.4 mil in capital improvements since 2010, which include high quality HVAC and EVAP systems, LED lighting, upgraded office finishes and new exterior paint. Additionally, the asset offers top of the line industrial features such as 24’-28’ clear heights, ESFR sprinkler systems and new TPO roofs. P

BKM CAPITAL PARTNERS ACQUIRES 898,389 SQUARE-FOOT MULTI-TENANT INDUSTRIAL PROPERTY IN HENDERSON, NEV

This property encompasses 13 buildings and is BKM’s largest acquisition to date. NEWPORT BEACH, Calif., (July 29, 2019) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant investments, has surpassed $1 billion in assets under management with the acquisition of Pacific Business Center, a 898,389 square-foot, 13-building light multi-tenant industrial property in Henderson, Nevada. The industrial complex was acquired for $111,250,000 and is BKM’s largest acquisition to date. “Reaching $1 billion in assets under management is a major milestone for BKM that speaks to the strength of our ongoing investment strategy,” says Brian Malli

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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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