Address or Location: South side of East 160th Ave., ¼ mile east of Interstate 76, Brighton,m “76 Commerce Center
Improvements: Vacant land
Land Size: 122 acres
Date of Recording: 8/31
Reception No. 2017000075433
Price: $8.26M, or $4.54 psf
Grantor: King Paul I LLC, Paul T. DeCrescentis, mgr., Jacobs Colorado LLC (64%) & Ives Colorado LLC (11%), Brad D. Skepner, mgr.
Grantee: 76 Commerce Center LLC, Paul Hyde, mgr., 612-904-1513, Minneapolis, MN, 55408, c/o Hyde Development Company
Financing: $4.76M payable to First National Bank of Omaha, due 8-31-20
Comments: Lot 2, Block 1, Bromley Park Filing No. 102. Plans call for 1.8 million square feet of Class A industrial space, including a 266,240-square foot speculative industrial building that is expected to break ground in 2017.
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 [email protected]