Updated Sep 2, 2026
Andy Jassy Of Amazon Acquires 70 Acre Development Site In Aurora For $23.6M From NorthPoint Development
825 North Lisbon Street
$23,600,000
Building Size
—
Asset Type
Development Site
Closing
Aug 31, 2026
About this deal
AI
A 70-plus-acre development site located at 825 North Lisbon Street in Aurora, Colorado, was sold in a transaction valued at $23,600,000. The property is categorized as a development site and is situated in a strategic location within the Aurora market.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $23,600,000
- Buyer: Andy Jassy
- Buyer’s Company: Amazon
- Seller: Nathaniel Hagedorn
- Seller’s Company: NorthPoint Development
- Date of Sale: 08/31/2026
The transaction involved Andy Jassy representing Amazon as the buyer and Nathaniel Hagedorn representing NorthPoint Development as the seller. This deal highlights the involvement of key players in the real estate sector, showcasing a significant acquisition by a leading company in the development industry.
On the Map
$23,600,000
Development Site
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Players
Aurora Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93