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Trump's Policies Will Rev Up Multi-Tenant Industrial Demand

IRVINE, CA—Whether it's building the wall along our southern border or bringing manufacturing jobs back to the US, this product type is in prime position to take advantage of what's to come, BKM's Brett Turner tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on February 13, 2017

Brett Turner Turner: “With multi-tenant industrial, if you have a good operator, you should never have less than 90% occupancy.”

IRVINE, CA—Whether it’s building the wall along our southern border or bringing manufacturing jobs back to the US, multi-tenant industrial buildings are in prime position to take advantage of what’s to come from the Trump administration’s policies, BKM Capital Partners‘ director of acquisitions Brett Turner tells GlobeSt.com. As we recently reported, the firm, an institutional-fund manager with a niche focus on value-add, multi-tenant light-industrial investments, has sold the first three multi-tenant industrial business parks in its debut fund.

The three dispositions include Patrick Commerce Center, a 223,009 square-foot multi-tenant industrial building, and Wind River Industrial Complex, a 137,603-square-foot industrial complex in Las Vegas, and Hayden Business Park, a 98,516-square-foot business park in Portland, OR. All of the properties underwent improvements and repositioning efforts before being sold.

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