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ASH BUSINESS CENTER

Project Summary

date acquired

August 2024

location

Tempe, AZ

size

89,728 SF

units

15

year built

1986

Investment Summary

In August 2024, BKM Capital Partners completed the acquisition of Ash Business Center, located in Tempe, Arizona. The 89,728 square-foot multi-tenant business park consists of two buildings with 19 units.

The property is at the corner of I-60 and Baseline Road (a major thoroughfare) and within a mile of Downtown Tempe and Arizona State University. 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 HVAC units, roofing, and the parking lot. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.

Site Plan

306 Gateway University Park_site plan.jpg

Location

Project Photos

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