Property Location: Vicinity of northeast corner of East 64thAve. (extended) & Harvest Road, also fronts westerly side of Jackson Gap Road, Aurora
Property Description: Vacant land, first phase
Land Size: 75.6 acres
Sales Price: $2.39M, or $0.73 psf
Reception No.: 2018000056918
Closing Date: 7/13
Grantor: ACP DIA 1287 Investors c/o Bill Wichterman, 602-448-9392
Grantee: Green Industrial Development Group, 10 Glenville Court, Greenwich, CT 06831, attn: Daniel Green, 203-532-1780
Comments: The J.A. Green Development Corp. is a family owned business in the industrial real estate business since 1941. It has developed over 1.5 million square feet in the Dallas-Fort Worth International Airport area and 100 acres adjacent to Bush International Airport. Price was based on entire phase, including first phase of 75.6 acres and second phase of 172.4 acres. The second phase will close in fall. This site is northwest of the 169-acre Walmart site purchased in 2016 for $13.5 million. Walmart plans to build a large-scale e-commerce fulfillment center as it competes with Amazon.
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.