BKM Capital Partners, an institutional fund manager and operator focused on small- and mid-bay light industrial properties, and Kayne Anderson Real Estate have acquired a four-property, 543,000-square-foot light industrial portfolio in central Orlando. The assets sit in the 33rd Street/McLeod and Silver Star corridors and bring BKM’s Central Florida holdings to 13 properties totaling more than 1 million square feet.
The portfolio comprises seven buildings and 22 units and is 95 percent occupied, with a 4.3-year weighted average lease term. The buildings offer clear heights of 16 to 28 feet and a 1:4,000-square-foot loading ratio. Two of the four properties will join BKM’s Gridline Orlando portfolio, and two will operate as stand-alone assets:
Gridline | District 4 (formerly 4600–4680 LB McLeod Road): three buildings, 208,000 square feet
Gridline | East Block (formerly 3600 Vineland Road): one building, 117,000 square feet
Bryn Mawr Distri