BKM Capital Partners and Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, have acquired a five-property portfolio in Orlando, Fla. It is part of the firms’ recently formed $1.5 billion joint venture partnership focused on light industrial real estate, which was announced in May.
The transaction marks one of the largest light industrial portfolio trades in the Orlando metro in recent years, according to the release.
The portfolio spans 489,891 square feet in 45 suites across nine buildings within Orlando’s 33rd Street/McLeod industrial submarket. Covering more than 25 acres within the land-constrained market, the properties offer irreplaceable infill positioning just minutes from Interstate 4, Florida’s Turnpike, downtown Orlando and major tourist destinations.
“This acquisition
