REBusinessOnline

BKM Capital Partners Acquires 205,655 SF Industrial Park in Metro Seattle for $30.4M

West-Valley-Business-Park-Kent-WA

West Valley Business Park in Kent, Wash., features 205,655 square feet of industrial space spread across 19 buildings.

KENT, WASH. — BKM Capital Partners has purchased West Valley Business Park, an industrial asset located at 19226 66th Ave. in Kent, approximately 13.5 miles from downtown Seattle. Entera Properties sold the park for $30.4 million in an off-market transaction.

Totaling 205,655 square feet, the industrial park consists of 179 units in 19 buildings. Originally constructed in 1982, the property was 92 percent leased to 164 tenants at the time of sale. BKM plans to invest approximately $1.2 million in capital improvements to renovate and reposition the property.

Both the seller and buyer were self-represented in the deal.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Conferences