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Timberline Plastics finds a new home in Commerce City for $2.88 million

Adams County

Property Location: 5701 Dexter St., Commerce City

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Property Description: 32,800-sf warehouse, YOC 1949

Land Size: 5.78 acres

Sales Price: $2.88M, or $87.65 per sf

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Reception No.: 65435 2017

Closing Date: 7/28

Grantor: R & R Enterprises LLC, Richard Ortega, mbr.

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Grantee: CR Folsom Real Estate LLC, Charles R. Folsom, mgr., 303-289-2557

Financing: $2.3M payable to NBH Banks

Comments: Listing brokers were Matt Trone, SIOR, & Taylor Hazard of Cushman & Wakefield. Buyer was represented by CBRE Inc., Jim Bolt. Timberline Plastics will be the owner-occupant of the building.

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.