Adams County
Property Location: 485 E. 52nd Ave., Denver
Property Description: 69,350-sf warehouse, YOC 2016
Land Size: 4.5 acres
Sales Price: $7.25M, or $104.52 psf
Reception No.: 45058 2017
Grantor: TC Crossroads #6 LLC c/o Trammell Crow Company, Bill Mosher, CEO
Grantee: Denver Cross LP, Largent Group Inc., Scott Bader, pres., Sylmar, CA
Closing Date: 5/25
Financing: $6.16M payable to Umpqua Bank (85% LTV)
Comments: There are 10 dock doors (9’ x 10’) and two drive-in doors
(12’ x 14’) with 24’ clear height. Listed by Mike Wafer, SIOR, Tim D’Angelo, SIOR, & Michael Wafer Jr. of Newmark Grubb Knight Frank. The buyer is All Tex Inc., 818-768-3333
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.
