LAS VEGAS—BKM Capital Partners has increasedits investment in Las Vegas with the acquisition of twomulti-tenant industrial parks encompassing 309,932 squarefeet of space. The deal expands the fand manager's LasVegas portfolio to over one half-million square feet.
Currently raising its first commingled fund, BKM CapitalPartners acquired the assets for a total of $27.5million. These acquisitions represent the fourth and fifthinvestments on behalf of the fund, joining properties in Phoenixand Portland, as well as another in Las Vegas.
“Paramount to our firm's mission as we grow and raiseinstitutional capital is ensuring that each acquisition preciselymeets our defined investment criteria. As we scale up, wemust also stay true to our process,” says BrianMalliet, CEO and Co-Founder of BKM Capital Partners.“Target assets such as Cheyenne and Wind River allow us to do justthat, and our acquisition pipeline is well-stocked with deals suchas these in markets like Las Vegas, upon which we remainbullish.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
