An investor advised by Zurich Alternative Asset Management purchased Moncrieff Business Center, a 101,406-square-foot industrial building located at 14603 East Moncrieff Place in Aurora, Colorado.

The property is a fully leased multi-tenant distribution warehouse. Berkeley Partners sold the property for $9.9 million. The building includes 22-ft. clear heights, an ESFR fire protection system, dock-high and oversized drive-in loading, rail doors serviced by Union Pacific and rare fenced outside storage.

Tyler Carner, Jeremy Ballenger, Jim Bolt and Jessica Ostermick with CBRE's Denver office represented the seller.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Denver
Industrial
Capital Markets