BKM Capital Partners

BKM Capital Partners, a vertically integrated institutional fund manager, has acquired Columbia Commerce Park, a 10-building multi-tenant industrial park in Portland, OR for $62.7 million. The 375,510-square-foot property offers 30 shallow-bay and mid-bay industrial units ranging in size from 1,882 to 49,525 square feet. “It was one of those assets that had a great location and sound structural qualities but was hindered by a conservative management approach,” commented Mason Waite, BKM’s Managing Director of Asset Management. "Our approach aims to turn it into one of the premier locations for high-quality tenants in and around the Portland Airport submarket.” You can learn more about this property at http://bkmcolumbia.com. #BKM #TeamBKM #Acquisition #IndustrialCRE #CRE #PortlandOR #OregonCRE #BKMCapitalPartners #LightIndustrial

Meet the Intern! Annabelle Le recently joined BKM's IT Technology Team as a summer intern. Annabelle is an upcoming senior at the University of California, Riverside, majoring in Computer Science with Business Applications. With this background, she hopes to leverage her knowledge of both technology and business to provide meaningful solutions to the BKM team. Outside of school, Annabelle enjoys cycling and trying out new coffee shops and restaurants. "I am excited about the growth opportunities that BKM has to offer in terms of learning about the intersection of the business and technology aspects of the company, and I can't wait to accomplish this with the best possible team." We are thankful to have you on the team, Annabelle! #BKM #TeamBKM #Internship #SummerInterns #IT #Technology #IndustrialCRE

Meet the Intern! Luke Bashore recently joined BKM's Marketing team as a summer intern. This December, Luke will graduate from the University of Southern California with a Bachelor of Arts in Political Economy and a minor in Sports Media Industries. As a passionate football fan, he attends every USC game he can. In his free time, Luke enjoys playing golf and basketball and spending time at the beach. "I am excited to deepen my knowledge of the real estate industry and actively contribute to projects at BKM. I look forward to gaining valuable insights and understanding the factors that contribute to successful investments in this field." We are thankful to have you on the team, Luke! #BKM #TeamBKM #Internship #SummerInterns #Marketing #IndustrialCRE

The industrial sector once again leads the way, posting positive gains in May according to a recent Commercial Edge Report. The average industrial sale price across the country reached $142 per square foot, up 15.4% year-over-year and 71.2% higher than in 2019. With e-commerce driving demand and supply chain optimization becoming a priority for occupiers, industrial properties offer a unique blend of stability and high return potential. At BKM, we continue to find value creation opportunities in well-located, infill business parks. We are seeing attractive pricing from off-market deals and distressed sellers, allowing us to grow yields significantly through purposeful value-add business plans in supply-constrained markets. You can learn more at https://bit.ly/3XPZYiS. #BKM #CommercialEdge #BKMCapitalPartners #IndustrialCRE #LightIndustrial #IndustrialFundamentals #CRE

Happy 4th of July! Today, we come together to celebrate the cherished values of freedom, unity, and the spirit of independence that defines our nation. We wish everyone a day filled with joyous gatherings and heartfelt pride. #BKM #TeamBKM #4thofJuly #IndependenceDay

Another successful Operation Education in the books! The annual gathering of our teams from across all 13 offices is always a highlight of the year. Not only does it give us a chance to bond and connect, but it also allows us to engage in a productive learning environment where we gain deeper insight into each department's functions and how they all work seamlessly in day-to-day operations. This year's event was no exception. Our team-building crafts were full of laughter, teamwork, and friendly competition, in addition to a fantastic bowling night with many strikes and spares to celebrate. Such moments remind us of the power of teamwork and the joy of coming together to achieve shared goals. Special thanks to Charlie Smith for delivering a fantastic keynote presentation! #BKM #TeamBKM #BKMCapitalPartners #BKMManagementCompany #TeamBuilding #CompanyCulture #BowlingNight

Join us in congratulating Suki Swaroop on her 1st anniversary at BKM. Thank you, Suki! #BKMCapitalPartners #BKMManagementCompany #TeamBKM #CompanyCulture #Milestone #Anniversary #Congratulations #ThankYou #Talent

Industrial real estate has thrived over the past decade due to e-commerce and advanced logistics, but changing economic conditions are now impacting these gains. At the halfway point of 2024, the industrial real estate sector faces challenges like expensive debt and the looming fear of a recession, prompting more stringent standards for capital providers and a bids on actively marketed assets. Despite potential growth declines due to higher interest rates and limited capital flow, onshoring and the continued strength of e-commerce offer sustained benefits for the sector. Operators must adapt to rising expenses, stricter lending, and evolving tenant needs by offering versatile spaces and maintaining diversified tenant portfolios to ensure cash flow growth and stability. Originators and operators with real estate market expertise, a strong value-add strategy, and the placement of a moderate amount of debt will have the most advantage in navigating this uncertain period. Read more on the current state of the debt market here: https://lnkd.in/gu_GGRvz Adam Candler #BKM #TeamBKM #StateoftheMarket #CRE #IndustrialCRE #DebtMarket #ValueAddStrategy

Now leasing: 1,888 - 4,830 SF units at Hohokam Business Park in Tempe, AZ. Located near the Phoenix Sky Harbor International Airport, this 18-building industrial park offers easy freeway access to I-10, SR-143, US-60, and Loop 202. Enjoy ample non-assigned covered parking and a variety of unit configurations to suit your business needs. Join our professional community and find the space your business deserves! To learn more, visit https://bit.ly/4bgqsgA. #BKMManagementCompany #BKMmgmt #LightIndustrial #Leasing #ForLease #SpaceAvailable #TempeAZ

At a time when fundamentals are variably shifting within the industrial sector, smaller properties continue to outshine their larger counterparts, as availability rates near key U.S. port markets begin to inch upward in the wakes of a national supply surplus and the continued high interest rate environment. According to recent data from CoStar Group, availability rates of large industrial properties over 100,000 SF are trending above 15-year averages, with four out of five of the busiest U.S. ports experiencing rates above 11%. The narrative is vastly different for smaller industrial properties, as few new developments and a continued demand for the product type stretches current availability rates in key markets. According to the same report, availability rates for industrial properties smaller than 50,000 SF surrounding the top 5 busiest U.S. ports are at or well below their 15-year averages, maintaining a strong performance amidst the turbulent economic landscape. You can read the full report from CoStar here: https://lnkd.in/gwXVB4an #CRE #lightindustrial #IndustrialFundamentals #CoStar #BKMCapitalPartners #IndustrialInsights #industrialCRE