MIG picks up Dry Creek Business Park

A large, high-quality flex development in Denver’s southeast industrial submarket sold for $27.75 million, or $113.72 per square foot.

MIG Real Estate purchased Dry Creek Business Park, a 244,028-sf property at 7300-7348 S. Alton Way in Centennial from Greenfield Partners. The park consists of 15 buildings that are 93 percent leased to roughly 90 tenants.

“We’ve been involved with that project since 1999. Throughout the years, we have been contacted repeatedly by investors wanting to buy that site,” said Colliers International principal T.J. Smith.

See the entire article in CREJ’s Dec. 16-Jan. 5

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of…