BKM Capital Partners Acquires Light Industrial Portfolio Across Las Vegas, Portland, And Los Angeles For $280M
Las Vegas, Nevada
$280,000,000
$254/SF
Building Size
1,100,000 SF
Asset Type
Industrial
Closing
May 17, 2023
AI
BKM Capital Partners, led by Brian Malliet, has acquired a portfolio of light industrial properties totaling over 1.1 million square feet in Las Vegas, Portland, Oregon, and Los Angeles. The properties, valued at more than $280 million, demonstrate BKM's ability to identify attractive assets with long-term growth potential in highly desirable locations.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $280,000,000
- Square Footage: 1,100,000
- Price Per Square Foot: $255
- Market: Las Vegas, Portland, Oregon & Los Angeles
- Buyer: BKM Capital Partners - Brian Malliet
This acquisition further solidifies BKM Capital Partners' position as a reputable player in the light industrial space. With their expertise in sourcing and acquiring properties with significant growth potential, BKM has successfully expanded their portfolio in key markets, further strengthening their presence in the industry.
Las Vegas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93