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BKM Capital Partners has kicked off 2020 with a major acquisition. The firm acquired an 11-property industrial portfolio for $425 million. The properties are located throughout Western US states in Phoenix, Portland and California. The portfolio includes 2.7 million of space, 493 units and is nearly 90% occupied.

“BKM’s expertise is in acquiring and improving value-add multi-tenant light industrial properties in key markets throughout the western U.S., and we actively invest in Phoenix, Northern and Southern California, and Portland,” Brett Turner, managing director of acquisitions at BKM Capital Partners, tells GlobeSt.com. “Each property in this newly acquired portfolio is within our targeted markets, a product-type fit, and within our targeted return profile for our investors; therefore, these assets were complementary to our existing portfolio.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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