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BKM Completes $110M Recap of Industrial Portfolio
BKM Capital Partners, a vertically integrated institutional fund manager headquartered in Newport Beach, has executed a $110-million recapitalization of a five-property light industrial portfolio. The transaction also marks an expansion of BKM’s partnership with a global investment manager, bringing the joint venture’s total holdings to more than $760 million in value.
“This transaction marks a significant milestone in our ongoing partnership,” says Brian Malliet, BKM’s CEO and CIO. “The continued trust in BKM underscores our commitment to delivering exceptional value and performance in the small and mid-bay industrial sector. We are excited about the opportunities ahead and look forward to further strengthening our partnership as we continue to execute on our strategic objectives.”
The five properties in the portfolio consist of 90 units and nearly 540,000 square feet of small-bay industrial space in the Western U.S. They include assets in San Diego, Denver, Las Vegas and Newark, CA.
Pictured: Faraday Industrial Park in Otay, CA.
- ◦Financing
