BKM Capital Partners Acquires 200300 SF Industrial Portfolio In Dallas Fort Worth And Houston For $27.5M
Texas
See Similar DealsBKM Capital Partners Acquires 200300 SF Industrial Portfolio In Dallas Fort Worth And Houston For $27.5M
2133 South Great Southwest Parkway, 11048 Shady Trail & 10849 Kinghurst Street
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BKM Capital Partners acquired a three-property, 200,300-sf industrial portfolio located at 2125-2133 South Great Southwest Parkway, 11048-11056 Shady Trail, and 10849 Kinghurst Drive, within the Grand Prairie, Dallas & Houston markets for $27.5 million, translating to approximately $137 per square foot. The portfolio consists of 67 units, which are currently 98% leased, indicating a strong occupancy rate.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $27,500,000
- Square Footage: 200,300
- Price Per Square Foot: $137
- Buyer: Brian Malliet - BKM Capital Partners
- Market: Grand Prairie, Dallas & Houston
BKM Capital Partners plans to implement a $2.1 million capital improvement program aimed at capturing a 26% rent mark-to-market opportunity for the portfolio.
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