BKM Capital Partners and Kayne Anderson Real Estate Acquire Fort Lauderdale Business Park

Firm pushes deeper into South Florida with second purchase in Broward County, the state’s tightest industrial market

Fort Lauderdale, FL — October 1, 2026 — BKM Capital Partners, a leading institutional fund manager and operator focused on small- and mid-bay light industrial properties, and Kayne Anderson Real Estate have acquired Lakeview Center, a multi-tenant business park in Fort Lauderdale, FL. The 210,000-square-foot property will be rebranded as Stirling Landing and is the firm’s second Broward County acquisition, following its purchase of Aero Business Park last month.

Developed between 1985 and 1987, the park comprises 18 units across seven buildings and is 97% occupied, with a 3.9-year weighted average lease term (WALT). It offers 20-foot clear heights with dock-high loading, a combination found in fewer than 5% of industrial buildings in the immediate area.

“You could not build this park today, let alone assemble a site like it along the I-95 corridor,” said Brett Turner, Partner and Managing Director of Acquisitions & Dispositions at BKM. “What really made it work for us is the rent roll. The expirations are staggered and no single lease decides the outcome, so we’re building on a stable base rather than solving a problem first.”

Turner led the acquisition with support from Max Stone, BKM’s Associate Director of Acquisitions and Dispositions. Cushman & Wakefield Vice Chair Rick Brugge represented the seller in the transaction.

Located within Fort Lauderdale’s Airport submarket, Stirling Landing has direct access to I-95, I-595 and Florida’s Turnpike and sits close to Fort Lauderdale-Hollywood International Airport. Its multi-building configuration creates a true business-park environment, serving a diverse base of logistics operators, marine-related businesses, contractors and companies supporting South Florida’s trade and tourism economy.

BKM has devised a capital plan that encompasses both exterior work and rollover improvements at the property. Planned work includes HVAC replacements, targeted roof maintenance, exterior painting to BKM’s brand standards, water-efficient landscaping, parking lot upgrades and new building and tenant signage. The firm will reposition the park’s one vacant unit into market-ready industrial space and establish a distinct identity for the property through monument signage, wayfinding and enhanced entry features along its Stirling Road frontage, along with tenant-focused outdoor areas that take advantage of the site’s campus-style setting.

“South Florida is unusual in that the small-bay inventory is actually shrinking,” said Brian Malliet, BKM’s Founder, CEO and Chief Investment Officer. “Older buildings keep getting redeveloped into something that pays more per acre, and there’s no land left to replace them. Broward is already the tightest industrial market in the state and Central Broward is tighter than the county as a whole. Those numbers get harder to beat every year.”

Broward County closed the second quarter of 2026 at 5.4% vacancy, the lowest in Florida, with Central Broward tighter still at 3.9%, according to Cushman & Wakefield. The county recorded just 140,878 square feet of deliveries in the first half of the year against more than 1.1 million square feet of leasing, and Central Broward saw no deliveries at all, with nothing in its construction pipeline.

Broward County has grown its population 15.2% since 2010 and is anchored by more than 200 corporate, regional and international headquarters, including AutoNation, American Express and DHL Express, with trade and transportation leading county employment at 21.0%. The broader tri-county region of Miami-Dade, Broward and Palm Beach supports 6.2 million residents and a $1.07 trillion economy, the eighth largest in the country.