PHOENIX—Cassidy Turley announces thatIrvine-based BKM Capital Partners acquired BlackCanyon Business Park, a 219,090-square-foot business park at 8041N. Black Canyon Freeway for $13.1 million. The seller wasBusiness Properties, also of Irvine.
Senior managing directors Bob Buckley,Tracy Cartledge and Steve Lindleywith Cassidy Turley's capital markets group and vice president JohnPompay with Cassidy Turley's industrial group brokered thetransaction representing both parties.
“The project has an outstanding location, with freewayexposure,” Buckley says. “With the ability to capitalize onimproving market conditions and tenant demand, Black CanyonBusiness Park offered exceptional value and upside potential forthe buyer.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
