Tuesday, October 13, 2015

BKM Capital Partners Acquires 225,435-SF Industrial Business park in Phoenix, AZ

  
Koll Cotton Center, Phoenix, AZ

Brian Malliet
             PHOENIX, AZ – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has acquired the Koll Cotton Center, a seven-building, 225,435 square-foot industrial business park in Phoenix for $26 million.

            “The Cotton Center is an institutional quality asset that presents a dynamic value proposition,” says Brian Malliet, CEO and Co-Founder of BKM Capital Partners.  “By acquiring this property well below replacement cost, there is a tremendous opportunity to reposition the asset through our firm’s proven capital and leasing strategy.”

            This is the sixth asset that bkm Capital Partners has acquired to be included in its $200+ million commingled fund which targets final close in Q4 2015.  The firm intends to acquire approximately $450 million of multi-tenant industrial assets by the end of 2016.

Jones Lang LaSalle represented Clarion as the seller in the transaction.

      For a complete copy of the company’s news release, please contact:

Jenn Quader
Brower, Miller & Cole
(949) 955-7940

  

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