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203,000-square-foot Denver dock terminal sold to Maryland trucking company for $11.23M

Denver County

Property Location: 39-50 S. Kalamath St., Denver

Property Description: 203,203-warehouse, 33 dock-high doors, 16’-34’ clear, YOC 1960/1975/1981, sprinklers plus 11,680 sf mezzanine (not calculated in rsf)

Land Size: 7.3 acres

Sales Price: $11.23M, or $55.24 psf

Reception No.: 2016181513 & 2016181514

Grantor: 50 South Kalamath LLC by: DGH Kalamath LLC, David Hagan, mgr. Grantee: RLF I-Kalamath SPE c/o North American Terminals Management LLC, 201 West Street, Suite 200, Annapolis, MD 21401, 410-280-1100

Closing Date: 12/19

Comments: Block 13, Lake Archer Sub, Lot 20, pt. Lots 4-6 & 16-19, Block 12, Lake Archer Sub; see APN: 05096-10-013 &05096-11-001. Listed by Mitchell Zatz, Carmon Hicks & Jason White of JLL.

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.