4100 BROADWAY

PROJECT SUMMARY

DATE ACQUIRED

Apr. 2016

LOCATION

Phoenix, AZ

SIZE

47,048 SF

TENANTS

8

YEAR BUILT

1987

MARKET
REGION

4100 Broadway is located just southeast of the hub of the Phoenix Metro transportation network. The freeway network in the Airport Market Area provides access to major business centers, including Downtown Phoenix, Downtown Tempe, Scottsdale, the Camelback Corridor, and high-tech employers in the southeast Valley Communities of Chandler, Mesa and Gilbert. Proximity to Sky Harbor International Airport gives this market area its name. In addition, the Airport Area is close to high-quality executive and employee residential in the Biltmore/Arcadia, Scottsdale, Ahwatukee Foothills, and Southeast Valley communities.

 

CORPORATE ENVIRONMENT

State Farm Insurance is under construction on a new 2 million square foot office campus on Tempe Town Lake, and over 3,400 high-quality multi-family residential units are under construction or planned. Tempe has the state’s largest concentration of technology firms, and has major operations for US Airways, Chase Bank, Lifelock, Monster Worldwide, KPMG, and First Solar. Proximity to this dynamic and fast growing business center will create strong and increasing demand for properties in the Portfolio.

EMPLOYMENT

The Airport Market area surrounding Arizona Corporate Plaza has historically been the strongest and most active for R&D, distribution, small and large manufacturing, and service office employment in the Phoenix metropolitan area. The result is a broad and deep base of complementary employment. There is a large base of potential tenants to draw from, as well as tenants who are located in the Portfolio assets servicing the many larger employers in the area. The strength of this area is evident in the fact that 30% of all of the Phoenix area industrial property is located in the Airport Area submarkets, and 2.98 million people live within a 30 minute commute, representing 69% of the entire Phoenix metro area.

PROJECT PHOTOS
BKM CAPITAL PARTNERS

 

Headquartered in Newport Beach, California, BKM Capital Partners is a 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 structured financing, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors. 

Learn more about BKM Capital Partners »

BKM MANAGEMENT COMPANY

 

BKM Management Company manages a portfolio of 8.2 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.

 

 

 

Learn more about BKM Management Company »

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CONTACT US

Phone: 949.566.8800

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