{"id":1004108889,"date":"2014-12-04T08:10:11","date_gmt":"2014-12-04T16:10:11","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=311383"},"modified":"2022-12-09T00:07:39","modified_gmt":"2022-12-09T08:07:39","slug":"bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/","title":{"rendered":"BKM Capital Partners Buys 2 Industrial Properties for $27.5M"},"content":{"rendered":"<p class=\"MsoNormal\"><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p class=\"MsoNormal\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-311388\" title=\"Cheyenne Technology Center\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a> Las Vegas\u2019 industrial market continues to draw a steady stream of transactions and development. Most recently, BKM Capital Partners paid $27.5 million for Cheyenne Technology Center and Wind River Industrial Complex, multi-tenant assets located in Las Vegas and North Las Vegas.<\/p>\n<p>Totaling 309,932 square feet, the properties are BKM\u2019s second and third Las Vegas acquisitions and expand the company\u2019s industrial portfolio in the market to about a half-million square feet. Previously, BKM had acquired properties in the Phoenix and Portland markets.<\/p>\n<p>Located at 3355-3675 West Cheyenne Avenue in North Las Vegas, Cheyenne Technology Center (above left) is a six-building office and flex\/industrial park. BKM paid $18.4 million for the property. Acquisition financing was sourced through a $15.5 million senior loan provided by PCCP L.L.C. BKM represented itself, while Volt Real Estate Services represented the seller.<\/p>\n<p>Wind <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Wind-River-4301-4325-South-Valley-View-Boulevard-in-Las-Vegas-Nevada.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-311385\" title=\"Wind River 4301-4325 South Valley View Boulevard in Las Vegas Nevada\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Wind-River-4301-4325-South-Valley-View-Boulevard-in-Las-Vegas-Nevada.jpg\" alt=\"\" width=\"300\" height=\"180\" \/><\/a>River Industrial Complex is a 137,603 square-foot property located at 4301-4325 South Valley View Blvd. BKM purchased it for $9.1 million, about half the price per square foot it paid for the Cheyenne complex.<\/p>\n<p>Wind River\u2019s potential upside attracted BKM, according to Brett Turner, the firm\u2019s director of acquisitions, who explained that the price was reduced by deferred maintenance and low occupancy.<\/p>\n<p>BKM is planning to reposition the property and add value through structural and cosmetic improvements. Voit represented the seller, a local family.<\/p>\n<p><span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industrial space in the greater Las Vegas is clearly on the rise, with a number of investors lining up development projects and acquisitions in the sector. BKM Capital Partners is the latest investor to announce a move in the market, having acquired two multi-tenant assets for a total of $27.5 million. The two properties are the company&rsquo;s fourth and fifth ventures, following purchases in the Phoenix and Portland markets. Cheyenne Technology Center and Wind River Industrial Complex are the second and third properties acquired by BKM in the Las Vegas market.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004108889","post","type-post","status-publish","format-standard","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BKM Capital Partners Buys 2 Industrial Properties for $27.5M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BKM Capital Partners Buys 2 Industrial Properties for $27.5M\" \/>\n<meta property=\"og:description\" content=\"Industrial space in the greater Las Vegas is clearly on the rise, with a number of investors lining up development projects and acquisitions in the sector. BKM Capital Partners is the latest investor to announce a move in the market, having acquired two multi-tenant assets for a total of $27.5 million. The two properties are the company&rsquo;s fourth and fifth ventures, following purchases in the Phoenix and Portland markets. Cheyenne Technology Center and Wind River Industrial Complex are the second and third properties acquired by BKM in the Las Vegas market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-04T16:10:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:07:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/\",\"name\":\"BKM Capital Partners Buys 2 Industrial Properties for $27.5M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\",\"datePublished\":\"2014-12-04T16:10:11+00:00\",\"dateModified\":\"2022-12-09T08:07:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Cheyenne-Technology-Center.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bkm-capital-partners-buys-2-industrial-properties-for-27-5m-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BKM Capital Partners Buys 2 Industrial Properties for $27.5M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. 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