BKM CAPITAL PARTNERS SNAPS UP PHOENIX INDUSTRIAL PORTFOLIO

April 8, 2016

Apr 07, 2016
Dees Stribling, Bisnow, National

 

 

BKM Capital Partners is betting on Phoenix—namely, the prospects for the industrial market. The company recently acquired the Rose Garden Business Park, Metro Industrial Center, and 4100 Broadway in Phoenix, as well as the Arizona Corporate Center in Chandler (pictured below), a total of 442k SF for more than $34M. The combined occupancy of the four assets is 69%, providing a strong opportunity for value creation, according to BKM Capital Partners director of acquisitions Brett Turner, who sourced this deal and previous ones.

 

The growing population of residents and employers points to an opportunity for active value creation over the next two to three years, explains BKM Capital Partners CEO Brian Malliet. “We were able to acquire the assets well below replacement costs and below historical peak pricing.” BKM bought the four assets in an off-market portfolio deal from a private LA-based owner.

Please reload

Featured Posts

Spotlight: Multi Tenant Distribution Warehouse Outlook

September 20, 2018

1/6
Please reload

Recent Posts
Please reload

Archive
Please reload

Follow Us
  • facebook
  • linkedin
BKM CAPITAL PARTNERS

 

Headquartered in Newport Beach, California, BKM Capital Partners is a 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 structured financing, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors. 

Learn more about BKM Capital Partners »

BKM MANAGEMENT COMPANY

 

BKM Management Company manages a portfolio of 8.2 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 managed in the most efficient way.

 

 

 

Learn more about BKM Management Company »

California // Colorado // Arizona // Washington // Nevada // Oregon

CONTACT US

Phone: 949.566.8800

  • linkedin
  • twitter
  • Facebook
  • instagram

© 2013-2019 BKM Capital Partners. BKM Capital Partners is a registered trademark. All Rights Reserved.