BKM Capital Partners (BKM), a specialist in value-add light industrial properties, has added six properties to its Southwest portfolio in two transactions collectively worth more than $254 million.
“Phoenix and Las Vegas are experiencing unprecedented demand for infill industrial properties, driven by population growth, expanding e-commerce, and a lack of new small-bay supply,” said BKM’s Brett Turner.
The portfolio totals more than 1.2 million square feet of highly functional multi-tenant space in the Las Vegas and Phoenix metropolitan markets. Its 21 buildings contain 108 units, with an average size of 13,357 square feet. Six properties are over 100,000 square feet, with the largest being 331,000 square feet at 801 South 75th Avenue, Phoenix. The Kyrene CommercePlex, a 312,403-square-foot property in Chandler, AZ, is the second largest.
The vacancy rates range from 2.2% to 4.7%.
April 10: The leading investors, owners, developers, lenders, managers, brokers,and more will be onsite at Connect Phoenix Multifamily, SFR & BTR – will you? Don’t miss out; register now and join the industry’s leading names in-person on April 10th to find out what Phoenix & Scottsdale’s rental-housing experts predict for the balance of 2025. Discounted early bird registration is only available for a limited time, so register to attend now! Connect Phoenix Multifamily, SFR & BTR | Thursday, April 10 at The Westin Kierland Resort & Spa, Scottsdale, AZ.
The post BKM Acquires 6 SW Industrial Properties for $254M appeared first on Connect CRE.
