BLACK CANYON BUSINESS PARK
BKM Capital Partners originally acquired Black Canyon Business Park in July 2014. Seeing further value to be had, BKM recapitalized the asset in September 2021. Located in Phoenix, AZ, the 224,650 square-foot multi-tenant business park consists of 11 buildings with 100 units.
The property is adjacent to the I-17 freeway with frontage along Northern Avenue. 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.