Berkeley Partners sold a 101,406-square-foot industrial building that was part of a portfolio it acquired early this year after working with CBRE to bring the building to 100% occupancy.
Moncrieff Business Center, located at 14603 E. Moncrieff Place in Aurora, sold to Zurich Alternative Asset Management for $9.9 million, or $97.63 per sf. New York-based ZAAM is part of Zurich Insurance Group’s investment management organization.
Tyler Carner, Jeremy Ballenger, Jim Bolt and Jessica Ostermick of CBRE’s Denver office represented Berkeley Partners in the transaction.