BKM Capital Partners and Kayne Anderson Real Estate have acquired an 8.5 million-square-foot portfolio from the Link Logistics portfolio for $1.81 billion. This acquisition will significantly expand the footprint and operating platform of the joint venture between Kayne and BKM across key U.S. markets.
This transaction solidifies the joint venture as one of the largest owner-operators of multitenant light industrial assets in the United States, which now includes approximately 15 million square feet under management. The portfolio being acquired includes 51 multitenant light industrial properties across top-tier infill markets in California, Washington, Texas and Georgia, along with dedicated operating infrastructure, including eight offices and 40 employees spanning property management, leasing, construction and property accounting.
With this transaction, BKM will have significantly enhanced scale acros