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Becknell Industrial from Indianapolis enters the Denver market with plans for spec warehouse

Adams County

Property Location: SEC E. 19th Ave. & Picadilly Road, also fronts northeast corner of Picadilly and Interstate 70, Aurora

Property Description: Vacant land

Land Size: 19.21 acres

Sales Price: $3.45M, or $4.12 per sf

Reception No.: 2016000063460

Closing Date: 8/4

Grantor: Prologis Park 70 Land Venture LLC, Megan Robert, SVP

Grantee: 19th Avenue Aurora Colorado Becknell Investors LLC, Pete Anderson, EVP, & Dan Fogarty, SVP – Development, 317-669-6000

Comments: The buyer is planning to build a 251,680-sf spec warehouse. The case manager for the city of Aurora is Brenden Paradies, 303-739-7266; case no. is 2016-6023-00.

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.