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Pamlico Investments purchases Northglenn site for self-storage development

Adams County

Property Location: 2255 E. 104th Ave., Northglenn, proposed self-storage

Property Description: Vacant land, proposed three-story building containing 811 self-storage units with 110,718 sf

Land Size: 2.31 acres, zoned I-2

Sales Price: $2M, or $19.85 per sf

Reception No.: 2016000070652

Closing Date: 8/24

Grantor: Charles Ehmka & Teri Ehmka

Grantee: 2255 E. 104th Ave LLC, D. Brent Wright Jr., president, & Josh Davis, VP

Financing: $9.81M payable to Storage Lenders LLC c/o Heitman Capital

Comments: The city of Northglenn has an easement with the owner of the property located on the north side of East 104th Ave. The buyer’s company is Pamlico Investments Inc. and can be reached at 303-839-5300 with an address of 1425 Brentwood, Suite 2, Lakewood 80214. The company specializes in the development of self-storage facilities.

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.