Denver investor facilitates 1031 exchange for central Denver warehouse
6.8.18 1031 Exchange Investor, Nick Schill, Warehouse Property Sale DenverProperty Location: 505 & 525 Bryant St., Denver Property Description: 6,000-sf brick warehouse, YOC 1962, & 5,200-sf brick warehouse, YOC 1961, total of 11,200 sf Land Size: 23,225 sf Sales Price: $1.32M, or $117.41 psf Reception No.: 2018060412 ...
Small-user industrial project achieves $111.11 per sf
11.11.16 Calame Lewallen Team, Denver Industrial Property Sale, Nick SchillAn owner that saw potential in an unfinished industrial property reaped its rewards with the sale of the asset for $111.11 per square foot. Oneida Street Partners LLC sold the two-building, small-user property at 8085-8095 Oneida St. in Commerce City to Dexter ...
Industrial property trades for $4 million
11.2.16 Commerce City Industrial Building Sale, Denver Industrial Real Estate, Nick SchillThe property sold on an in-place cap rate of 7.5%, with 15 tenants and 100% occupancy. The lease rate is $9.76 per square foot, modified gross, and expenses are $1.44 psf. Seller acquired this property in core and shell condition in February 2010 for $1.05M. ...