Consolidated Investment Group Secures $17.7M Loan For Eastpark 70 Industrial Portfolio In Aurora CO

The property asset involved in the transaction is Eastpark 70’s Buildings 5 and 6, located at 19822 & 19922 East 22nd Avenue in Aurora, CO. The asset is a Class A industrial portfolio that spans 235,987 square feet and is fully leased. The facilities, which were completed in 2022, have features that include 32-foot clear heights, dock-high and drive-in loading, and ESFR sprinkler systems.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,700,000
• Landlord: Consolidated Investment Group
• Brokers: Rob Bova & William (Will) Haass - JLL
• Loan Amount: $17,700,000
• Loan Terms: fixed-rate, five-year loan

The transaction was facilitated by brokers Rob Bova and William (Will) Haass from JLL, representing the landlord, Consolidated Investment Group. The financing secured will be utilized for the industrial properties, highlighting the ongoing demand for Class A industrial spaces in the market.