BKM Capital Partners acquired Backlot Burbank Park in August 2018. Located in Burbank, CA, the 302,869 square-foot multi-tenant business park consists of nine buildings with 16 units.
The property is in a strategically-infill location directly adjacent to the Hollywood/Burbank Airport, between I-5 Freeway to the east and SR-170 to the west. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including murals, upgraded signage, and modernized landscaping. BKM also addressed deferred maintenance on HVAC units, roofing, fencing, 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.