BKM Capital Partners and Kayne Anderson Real Estate have acquired a three-property, 16-building industrial portfolio in the San Francisco Bay Area. The transaction marks a significant expansion of the joint venture’s footprint in the East Bay and North Contra Costa County, two of the region’s most supply-constrained submarkets.
Totaling approximately 505,000 square feet across 16 buildings and 94 units, the portfolio comprises institutional-quality, light industrial space situated on 34 acres of infill land with exceptional access to regional transportation, major population centers, and a deep, skilled labor pool. The properties were marketed by CBRE National Partners.
“Functional, well-located light industrial product of this scale rarely trades in the Bay Area, so this was a rare opportunity to secure critical mass in two of the most supply-constrained industrial submarkets on the West Coast,” said Brett Turner, senior managing director of acquisitions and d
