Arapahoe County
Property Location: 6981 S. Quentin St., Centennial Park Business Center II
Property Description: 76,756-sf warehouse, YOC 2001, concrete
Land Size: 5.724 acres
Sales Price: $11.1M, or $144.61 psf
Reception No.: D8062035
Closing Date: 6/20
Grantor: Centennial Park LLC (Bruce E. Tabb, mbr.)
Grantee: Realty Associates Fund XI Portfolio LP, c/o TA Realty, Boston, MA
Financing: Cash
Comments: Building is 24’ clear; lease rates were $8.50 NNN with $4.24 psf expenses. Tenants include Applied Control Equipment, Velocity Sports Performance & RuMe. T.J. Smith and Brad Calbert of Colliers International represented the seller in this transaction.
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.
