Denver Industrial Ramps Up With $15M Sale

October 15, 2019

BKM Capital Partners has purchased 3700 Havana St. for $14.75M, as out-of-state buyers continue to lean into Denver’s industrial market.

 The 14-unit, three single-story warehouses weigh in at more than 150K SF and were sold by KEW Realty Corp. Dubbed Crossroads Distribution Center, the property is 90% leased to a dozen tenants and is located in the thriving Central East I-70/Montbello submarket.

 

BKM said in a statement it plans to rename the property the Havana 37 Business Center and will retrofit its interior infrastructure and existing parking lot. The deal was done off-market.

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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. 

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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.

 

 

 

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