Adams County
Property Location: 495 E. 62nd Ave., Denver, “Central 62 Distribution Center”
Property Description: 123,904-sf warehouse, YOC 2016, concrete construction with 28’ clear height
Land Size: 7.57 acres
Sales Price: $21.33M, or $172.11 psf
Reception No.: 79266 2018
Closing Date: 9-28
Grantor: Central 62 LLC (Rreef Fund), James E. Toney, VP, & Marc Feliciano)
Grantee: Central 62 Acquisition LLC, c/o J.P. Morgan Investment Management
Comments: Anchor tenant is RJ Schinner, occupying approximately 49,350 sf. This lease was executed in May with CBRE handling the leasing. Brady Industries leased 38,378 sf in August 2017 with Paul Kahn of NAI Shames Makovsky representing the tenant. Cambria USA is another tenant in the building.
Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.
