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BKM Capital Partners acquires Decatur Business Center in Las Vegas
BKM Capital Partners, a vertically integrated institutional fund manager, has acquired the Decatur Business Center in Las Vegas for $25.9 million.
Terry York Properties sold the 88,205-square-foot light industrial building, located at 5475 S. Decatur Blvd. in Clark County’s southwest submarket. Decatur Business Center features warehouse, office and showroom space in a two-story concrete tilt-up facility. The property offers warehouse space with 32-foot minimum clear ceiling heights, high-performance glass skylights, ESFR-capable sprinklers, a common loading dock and 12-foot by 14-foot grade-level overhead doors. BKM plans to make enhancements to improve landscaping and utility efficiency, creating a cutting-edge space that will appeal to the asset’s sophisticated tenancy. The property is fully leased to five high-credit tenants across a wide range of industries.
“This off-market transaction represents yet another step in the expansion of our footprint in strategi