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%. 

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