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  • Small Bay Daily - June 23 - BKM Capital Partners buys LA area light industrial campus for $95M

Small Bay Daily - June 23 - BKM Capital Partners buys LA area light industrial campus for $95M

BKM buys CA campus. Hammond buys TX small bay. Noble buys MS small bay. CRE Capital buys Atlanta small bay. Bernegat buys FL small bay. Lucern leases NC small bay. Six new small bay deals.

Good morning. Welcome to Small Bay List!

Today’s issue is sponsored by IndustrialIQ providing comprehensive analysis and insights for small bay warehouse markets.

Now, let’s get to it!

NEWS ROUNDUP

BKM buys CA industrial campus

ACQUISITION: BKM Capital Partners buys LA area light industrial campus for $95M. BKM Capital Partners has acquired Carson Industrial Center, located at 1000-1124 East Del Amo Boulevard, 20430-20444 Tilman Avenue, 1014-1048 East Burgrove Street, and 20500-20545 South Belshaw Avenue in Carson, California. The property features 11 multi-tenant small- and midbay industrial buildings totaling 429,000 SF. The BKM deal team included Michael Grossner, Brett Turner, Brent Bjorndahl, Chase Hall, Danielle Ramos, Adam Candler, and Vy Pham.

Hammond buys TX small bay

ACQUISITION: Hammond Capital acquires shallow bay facility in San Antonio metro. Hammond Capital has acquired 1012 Assembly Circle in Schertz, Texas. The property features a 59,200 SF industrial building. Jeff Hammond and Brendan Neary led the Hammond Capital Deal team. Vitae Capital, led by Sandeep Shah and Jeff Mayo, partnered with Hammond Capital in the acquisition. Holly Gallegos with Busey assisted with project financing. Kyle Mueller with JLL facilitated the transaction. C. Lee Jordan with Cavender & Hill Properties will market the property for lease.

Noble Family Enterprises buys MS IOS

ACQUISITION: Noble Family Enterprises buys small bay portfolio in Gulfport, MS, area. Noble Family Enterprises has acquired a 175,000 SF multi-tenant industrial portfolio in the Gulfport, Mississippi, metro area. Bradley Noble led the Noble Family Enterprises deal team. Sam Mallane and Matson Kane with Westover Industrial Partners facilitated the off-market transaction.

CRE Capital buys Atlanta area small bay

ACQUISITION: CRE Capital Management buys small bay facility in Atlanta MSA for $675,000. CRE Capital Management has acquired 33 Laura Street in Winder, Georgia. The property features a 13,299 SF industrial building. Abhi Acharya led the CRE Capital Management deal team.

Bernegat buys FL small bay

ACQUISITION: Barnegat Capital buys shallow bay warehouse in Jacksonville, FL. Barnegat Capital has acquired 5438 Vernon Road in Jacksonville, Florida. The property features a 28,000 SF shallow bay warehouse that will be demised and whiteboxed. Kyle Fisher with CBRE is currently marketing the property for lease. Eric Deraney led the Barnegat Capital deal team.

Lucern leases Charlotte small bay

LEASE SIGNED: Lucern leases out small bay space in Charlotte, NC. Lucern Capital Partners has leased out 2,751 SF of industrial space at 2732 North Graham Street in Charlotte, North Carolina. Frank Forte led the Lucern deal team. Jorge Rizo with One Alliance with One Alliance facilitated the transaction.

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SMALL BAY PROPERTIES FOR SALE

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small bay portfolio for sale in FL

722 17th Street East, Palmetto, FL 34221 | 6130 & 6152 15th Street East, Bradenton, FL 34203

161,570 SF Small Bay Portfolio in Tampa-Sarasota Corridor | Palmetto: 100,020 SF | Bradenton: 61,550 SF | 77 Units Ranging from 400-9,000 SF | Units Have Grade-Level Loading with Overhead Doors, Individually Metered Buildings, and Independent Climate Control

small bay for sale in Charlotte, NC

10420 John Price Road, Charlotte, NC 28273

61,517 SF | 6.985 AC | 3 Buildings | (14) 10’x10’ Dock Doors | 6 Drive-in Doors | 120’ Truck Court | 24’ Clear Height | 96 Parking Space | Fully Sprinklered | Convenient Access to I-77 and I-485

small bay for sale in Morrison, CO

19336 Goddard Ranch Court, Morrison, CO 80465

12,000 SF | 2 AC | Strong Tenant Mix | 10’ Ceiling Height | Excellent Location off US-285 | Value Add to Convert to NNN | Seller Financing Available

SMALL BAY PROPERTIES FOR LEASE

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small bay for lease in Colorado Springs, CO

3302-3368 Adobe Court, Colorado Springs, CO 80907

1,900 SF Available | 16’-18’ Clear Heights | (1) 10’x12’ Overhead Door | On-building Signage Available | 3-Phase Power | Just Minutes from I-25

small bay for lease in Northbrook, IL

600 Waukegan Road, Northbrook, IL 60062

4,212 SF Available | 22’ Ceilings with 15.5’ Clear Height | (3) 12’×10’ Drive-in Doors | Temperature-Controlled Warehouse | Sprinkler System | Build-to-Suit Mezzanine Office and Conference Room with Long-Term Lease | Delivered Fully Remodeled

small bay for lease in Fuquay-Varina, NC

1001 Bridge Street, Fuquay-Varina, NC 27526

8,000-24,000 SF | 8 Spaces Available | Up to 30’ Clear Height | Dock and Drive-in Loading Options | ESFR Sprinklers | Gas Unit Heaters | Office Buildout Available

ONE MORE THING