BKM Management Company reposted this
BKM Capital Partners, a vertically integrated institutional fund manager, has acquired North Cabot Industrial Park, a two-building multi-tenant industrial park in Hayward, CA for $10.5 million. The 51,038-square-foot property offers 13 units ranging in size from 2,794 to 6,936 square feet. “North Cabot Industrial Park represents some of the most functional and best-located small-bay product in the market, but lacks the cosmetic appeal needed to attract East Bay’s deep pool of tenants, especially the smaller users who need to move quickly,” says Brett Turner, BKM’s Senior Managing Director of Acquisitions and Dispositions. “Our planned improvements will deliver a best-in-class product in the sub-10,000-square-foot size segment, which already has a vacancy of just 1.6%, compared to 5% for the broader Hayward industrial market.” You can learn more about this property at https://bit.ly/46iaktQ. #BKM #TeamBKM #Acquisition #IndustrialCRE #CRE #BayAreaCRE #CaliforniaCRE #BKMCapitalPartners #LightIndustrial
