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9/12/25
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BKM Capital Partners acquired an eight-property industrial portfolio from an affiliate of Equus Capital Partners Ltd in a $167.85 mil ($189/sf) transaction. The purchase consists of 889.4k sf of space in 46 buildings throughout the Phoenix area.
4202 East Elwood St, Phoenix |
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The portfolio includes:
Elwood Industrial Park at 4202 East Elwood St in Phoenix
Roeser Commerce Center at 3702 East Roeser Rd in Phoenix
Buttes Business Center at 21052231 South 48th St in Tempe,
Expressway Corporate Center at 3015, 3101 - 3131 South Park Drive, 3010, 3110 and 3120 South Potter Drive, 2307 and 2315 West Fairmont Drive in Tempe
Harl Industrial Park at 7425 South Harl Avenue in Tempe
Mineral Road at1520 West Mineral Road and 6900 South Priest Drive in Tempe,
Priest/Excel Business Park at 1302 West 23rd St and 21212127 South Priest Dr in Tempe
Tempe Commerce Center at 124-125 and 136 West Orion St, 6100 South Maple Ave, 6105 and 6125 South Ash Ave in Tempe
The high-quality properties offer a range of unit sizes, providing leasing flexibility and supporting tenant retention and expansion. All eight parks boast strong historical occupancy.
Strategically located near Interstate 10 (I-10), I-17, Loop 101, Loop 202, and State Route 60, the properties offer seamless connectivity to downtown Phoenix and the entire Western United States.
CBRE's Rusty Kennedy, Joe Cesta and Darla Longo represented the Equus Capital Partners affiliate in the transaction.
"The recent sale of this multi-tenant light industrial portfolio underscores the sustained strength of this asset class," said Kennedy. "Its infill location near major population centers and diversified rent roll across multiple industries continue to drive robust bidder interest, reflecting the growing demand for light industrial properties."
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