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Warehouse Central

Warehouse Central sells in rare central Denver investment deal

A San Francisco-based firm put up $24 million for the rare chance to buy a large, central Denver industrial property. An affiliate of Stockbridge Capital Group LLC paid $73.65 per square foot for Warehouse Central, a 325,858-sf building at 2400 W. Fifth Ave. The asset is 100 percent leased.

Jill Jamieson-Nichols

January 31, 2016
Majestic Commercenter

Medical supplies company to build 545,000 sf in Aurora

The nation’s largest privately held health care supply company will build a 545,000-square-foot warehouse/distribution center at Majestic Commercenter in Aurora. Medline Industries Inc. bought 35.6 acres of land in the master-planned business park at Interstate 70 and Tower Road and will spend the next 18 months developing the facility. “This is a very exciting project…

Jill Jamieson-Nichols

January 20, 2016
U.S. Engineering buys property in Johnstown

Mechanical contractor buys site in Johnstown

A 103,000-square-foot manufacturing building on 13.37 acres in Johnstown changed hands in a $7.7 million transaction that also included 12 acres of adjacent ground. A U.S. Engineering affiliate bought the property at 390 Mountain View Drive to expand the company’s Rocky Mountain operations. A Kansas City, Missouri-based mechanical contractor, U.S. Engineering has offices in Westminster…

Jill Jamieson-Nichols

January 19, 2016

Real Capital Solutions sells 325 Interlocken

A family partnership paid $2.8 million for a building that RealCapital Solutions bought in a portfolio deal two years ago. LD Holdings LLC bought 325 Interlocken B, a 23,011-square-foot flex building. National Entertainment Network, the largest entertainment vending machine company in the U.S., occupies the property with several years remaining on its lease. The building…

Jill Jamieson-Nichols

January 2, 2016

MIG picks up Dry Creek Business Park

A large, high-quality flex development in Denver’s southeast industrial submarket sold for $27.75 million, or $113.72 per square foot. MIG Real Estate purchased Dry Creek Business Park, a 244,028-sf property at 7300-7348 S. Alton Way in Centennial from Greenfield Partners. The park consists of 15 buildings that are 93 percent leased to roughly 90 tenants.…

Jill Jamieson-Nichols

December 14, 2015

RMI sale-leaseback nets $13 million

A sale-leaseback with a Chicago buyer netted Rocky Mountain Instrument $13 million for its 89,360-square-foot headquarters facility on 8.7 acres in Lafayette. Zaragon Inc., a real estate investment and management company, purchased the property at 106 Laser Drive. RMI signed a 20-year lease with the new owner. The property includes excess land, which Zaragon is…

Jill Jamieson-Nichols

November 30, 2015