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BKM, Kayne Anderson Launch $1.5B Light-Industrial Investment Partnership

Smaller warehouses are the focus of the new partnership. BKM Capital Partners and Kayne Anderson Real Estate, the real estate investment arm of alternative investment management firm Kayne Anderson, have formed a $1.5B joint venture partnership targeting light industrial real estate. The $1.5B commitment from Kayne Anderson Real Estate will focus on the acquisition and repositioning of small bay and mid-bay industrial properties, according to a release from the partnership.  "We’ve spent over a decade building an operating platform designed explicitly for small-bay industrial, which is both operationally complex and highly fragmented," BKM...