BKM Capital Partners Acquires Industrial Park In Beaverton, OR For $67M
10950 Southwest 11th Street & 11065 Southwest 11th Street
$67,000,000
$74/SF
Building Size
902,124 SF
Asset Type
Industrial
Closing
Dec 14, 2023
AI
BKM Capital Partners, an institutional fund manager, has acquired the 217 Distribution Center, a multi-tenant industrial park in metro Portland, Oregon. The property comprises five buildings and spans a total of 451,062 square feet. The sale price for this transaction was $67,000,000, resulting in a price per unit of $5,153,846 and a price per square foot of $149.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $67,000,000
- Units: 13
- Price per Unit: $5,153,846
- Square Footage: 451,062
- Price per Square Foot: $149
- Address: 10950-11065 Southwest 11th Street, Beaverton, OR
- Market: Beaverton, OR
The buyer in this transaction is Brian Malliet, representing BKM Capital Partners. Brian Malliet is a part of the BKM Capital Partners agency.
Beaverton 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93