Arapahoe County
Property Location: 12876 E. Adams Aircraft Circle, Englewood
Property Description: 50,000-sf, two-story industrial/office building, YOC 2000, (including 23,600 sf office space, 64’x24’ hangar door, four drive-in doors, 24’ clear, concrete tilt-up)
Land Size: 3.09 acres
Sales Price: $3.2M, or $64 psf
Reception No.: 2017102479 D7114421
Closing Date: 10/4
Grantor: Wells Fargo Bank Trustee, by C-III Asset Management LLC, Charles Wenner, servicing officer
Grantee: Albrook Partners LLC, Stuart Bombel & Andy Kienitz, mgr.
Financing: SBA loan $3.04M payable to Wells Fargo Bank, NA, due 10-4-17
Comments: The property was listed by NAI Global. Buyer was represented by Newmark Knight Frank, Bruce Mawhinney & Mike Wafer. This was the down-leg of the Oct. 12 Comp of the Day, as Albrook Partners sold the 54,000-sf flex/industrial building for $4.55 million to the user, NFT.
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.
