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Sign in Sign up for a FREE subscriptionBKM Capital Partners executes $110m recapitalization with global investment manager
BKM Capital Partners announced it has executed a $110 million recapitalization of a five-property light industrial portfolio. The transaction also marks an expansion of BKM’s partnership with a global investment manager, bringing the joint venture’s total holdings to more than $760 million in value.
“This transaction marks a significant milestone in our ongoing partnership,” said Brian Malliet, CEO and CIO at BKM. “The continued trust in BKM underscores our commitment to delivering exceptional value and performance in the small- and mid-bay industrial sector. We are excited about the opportunities ahead and look forward to further strengthening our partnership as we continue to execute on our strategic objectives.”
The five properties in the portfolio consist of 90 units and nearly 540,000 square feet of small-bay industrial space in the western United States. They include:
Faraday Industrial Park, a 99,349-square-foot, 20-unit property in San