Denver developer relocates his Porta Power Co. to $6 million industrial facility

Denver County

Property Location: 10777 E. 45^thAve., Denver

Property Description: 56,796–sfindustrial building, YOC 1968, brick

Land Size: 4.218 acres

Sales Price: $6M, or $105.64 psf

Reception No.: 2019001403

Closing Date: 1/4

Grantor: Scott Development Group LLC (Monida F. Scott, mgr.)

Grantee: 3939 Williams Building Corp. (Byron Weiss, mgr.), 1717 E. 39^thAve., Denver,

Financing: Cash

Comments: Buyer’s company, Porta Power, will relocate to this facility. They are redeveloping their property located at 39^thand Franklin and will use this facility as their new home.

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.