BKM Capital Partners And TerraCore Capital Acquire Decatur Business Center In Las Vegas For $25.9M
5475 South Decatur Boulevard
Summary
An 88,205-square-foot industrial property located at 5475 South Decatur Boulevard in Las Vegas, Nevada has been acquired by BKM Capital Partners and TerraCore Capital for a total of $25.9 million. The property, known as Decatur Business Center, was fully leased at the time of purchase and was sold by Terry York Properties and Heller Cos. The new owners have plans to renovate the property.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $25,900,000
- Buyer: BKM Capital Partners - Brian Malliet; TerraCore Capital - Daniel Grunberg
- Seller: Terry York Properties & Heller Cos.
BKM Capital Partners, represented by Brian Malliet, and TerraCore Capital, represented by Daniel Grunberg, were the buyers in this transaction. Terry York Properties and Heller Cos. served as the sellers. The acquisition of Decatur Business Center allows BKM Capital Partners and TerraCore Capital to expand their investment portfolios in the industrial sector in Las Vegas.
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