TEMPE COMMERCE CENTER
BKM Capital Partners originally acquired Tempe Commerce Center in June 2016. Seeing further value to be had, BKM recapitalized the asset in February 2021. Located in Tempe, AZ, the 535,976 square-foot multi-tenant business park consists of five buildings with six units.
The property is strategically located along the I-10 Corridor, providing unparalleled access to the Southeast Valley, Scottsdale, and downtown Phoenix. 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.