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BKM Capital Partners And TerraCore Capital Acquire Decatur Business Center In Las Vegas For $25.9M

Property Image
SOLD
$25,900,000

Nevada

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Industrial
Sold 05/02/2023
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Property Image
SOLD

BKM Capital Partners And TerraCore Capital Acquire Decatur Business Center In Las Vegas For $25.9M

5475 S Decatur BlvdLas Vegas, NV 89118, USA

See Similar Deals
Industrial
Sold 05/02/2023

Summary

NEVADA
Asset Type:Industrial
Transaction Type:Sale

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.

Players

SELLER

Details

SOLD
IMAGE: Daniel Grunberg & Brian Malliet DATE: 05/02/2023 ADDRESS: 5475 South Decatur Boulevard MARKET: Las Vegas, Nevada ASSET TYPE: Industrial BUYER: BKM Capital Partners (@BKMCP) - Brian Malliet; TerraCore Capital - Daniel Grunberg SELLER: Terry York Properties & Heller Cos. SALE PRICE: $25,900,000 NOTE: BKM Capital Partners and TerraCore Capital have acquired Decatur Business Center, an 88,205-square-foot industrial property in Las Vegas, for $25.9 million. The fully leased property, purchased from Terry York Properties and Heller Cos., is set to undergo renovations by the new owners.

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