• AZ Central

Koll Cotton Center Sold for $26 Million

Clarion Partners sold Koll Cotton Center at 4050 E. Cotton Center Blvd. in Phoenix on behalf of a commingled fund to BKM Capital Partners of Irvine, Calif., for $26 million. Brett Turner, director of acquisitions at BKM Capital Partners, was responsible for sourcing and acquiring the deal.Jones Lang LaSalle represented Clarion in the sale of this seven-building, 225,435-square-foot industrial business park that was 77 percent occupied at the time of sale. The business park is leased by 26 tenants in diverse industries, including telecommunications, construction, manufacturing, food service, business services, and healthcare, among others. BKM plans to implement interior improvements to the property, including a spec suite program for currently vacant space

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Headquartered in Newport Beach, California, BKM Capital Partners is a real estate fund manager specializing in the acquisition and improvement of value-add multi-tenant industrial properties in metro areas across the Western U.S. Combining a deep knowledge of this niche industrial product type with in-house capabilities including on-site property management, asset management, and leasing to reposition and institutionalize light industrial assets, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors. 

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BKM Management Company manages a portfolio of 8.6 million square feet of multi-tenant industrial properties for BKM Capital Partner’s private and institutional investors. With a focus on “boots on the ground” execution at the property level, BKM has in-house capabilities for both property management and leasing. The teams at the property level are focused on ensuring the tenants thrive and that the properties are managed in the most efficient way.




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