March 26, 2020 Comments (0) Views: 451 Phoenix & Southwest News, Southwest News

CBRE Arranges $10M Sale of Fully-Leased Colorado Industrial Facility

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Chicago-based Columbia Industrial Acquisition Company, LLC purchased a 63,550-square-foot industrial property in Englewood, CO from Gordon Development LLC for $10 million. The asset is located at 8644 South Peoria, and is a Class A, multi-tenant industrial building built in 2017.

The property is 100% leased to two companies: a manufacturing tenant and Ninja Nation, a leading provider of obstacle course arenas and mobile course experiences serving America’s youth and adults.

CBRE’s Tyler Carner, Jeremy Ballenger and Jim Bolt represented the locally-based seller. Ballenger says, “The buyer was attracted to the property because of the Class A features, high-quality tenants with long-term leases and the southeast location that allows for convenient access to I-25 and the booming south metro area.”

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