
BKM Bulks Up Light Industrial with $280M in Deals
BKM Capital Partners, a vertically integrated institutional fund manager headquartered in Newport Beach, has added 10 properties to its portfolio in four recent transactions valued at more than $280 million. The deals involve more than 1.1 million square feet of light industrial space in 35 buildings in Las Vegas, Portland, OR and Los Angeles.
“These acquisitions are a testament to BKM’s expertise in sourcing and executing transactions that generate attractive returns for investors and partners,” said Brian Malliet, BKM’s Founder and CEO. “We are proud that our team was able to successfully seize several opportunities to acquire assets in desirable locations, at attractive pricing and with long-term upside potential.”
The bulk of the activity occurred in Las Vegas, where BKM significantly expanded its holdings through two off-market transactions involving eight properties totaling nearly 830,000 square feet. In the Pacific Northwest, the firm acquired the 11-building Airport Business Center, while in Southern California, it added the Valley East Industrial Park in North Hollywood.
- ◦Sale/Acquisition