BKM, Kayne Anderson buy Sandy Springs industrial campus for $100M
Third & Urban sold the 471,000-square-foot property; the deal lifts BKM's metro Atlanta holdings to roughly 1.5 million square feet.
At a glance
BKM Capital Partners and Kayne Anderson Real Estate paid $100 million for Northridge Commons, a 471,000-square-foot industrial campus in Sandy Springs, Georgia, Connect CRE reported.
The purchase brings BKM's metro Atlanta holdings to roughly 1.5 million square feet, less than a year after the firm entered the market, according to Connect CRE.
The same buyers closed on the seven-building Fort Lauderdale industrial campus for $57 million on Oct. 5, this publication reported.
BKM Capital Partners and Kayne Anderson Real Estate paid $100 million for Northridge Commons, a 471,000-square-foot industrial campus in Sandy Springs, Georgia, Connect CRE reported. Third & Urban was the seller.
The purchase brings BKM's metro Atlanta holdings to roughly 1.5 million square feet, less than a year after the firm entered the market, according to Connect CRE. The price is about $212 a square foot.
The same buyers closed on the seven-building Fort Lauderdale industrial campus for $57 million on Oct. 5, this publication reported. That park last traded for $17.5 million in 2013.
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