PHOENIX—The Koll Cotton Center, a seven-building, 225,435 square-foot industrial business park, has been acquired for $26 million by bkm Capital Partners, an institutional fund manager. Brett Turner, director of acquisitions at bkm Capital Partners, was responsible for sourcing and acquiring the deal, working closely with Clarion Partners. Jones Lang LaSalle represented Clarion as the seller in the transaction.

This is the sixth asset that bkm Capital Partners has acquired to be included in its $200 million-plus commingled fund which targets final close in fourth quarter 2015. The firm intends to acquire approximately $450 million of multi-tenant industrial assets by the end of 2016.

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