ARROYO BUSINESS CENTER
BKM Capital Partners acquired Arroyo Business Center (formerly Del Abeto Commerce Center) in January 2019. Located in Carlsbad, CA, the 63,893 square-foot multi-tenant business park consists of two buildings with nine units.
The property is in the heart of the Carlsbad industrial submarket, just south of the McClellan-Palomar Airport and three miles east of the I-5 freeway. It is positioned between the major economic hubs of Orange County and San Diego. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, modernized landscaping, and a newly constructed outdoor common area to benefit the entire business park. 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.