BKM Capital Partners originally acquired Seattle Exchange Phase I in August 2016. Seeing further value to be had, BKM recapitalized the asset in September 2021. Located in Tukwila, WA, the 476,765 square-foot multi-tenant business park consists of 27 buildings with 280 units.

The property is strategically located directly off I-5 and I-405 and is 13.5 miles from downtown Seattle. 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.