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Hines Secures $71 Million Loan For Denali Logistics Park In Aurora, CO

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FINANCED
$71,000,000

Colorado

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Industrial759,620 SF
Financed 11/04/2025
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Property Image
FINANCED

Hines Secures $71 Million Loan For Denali Logistics Park In Aurora, CO

6550 North Denali Street

See Similar Deals
Industrial759,620 SF
Financed 11/04/2025
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Summary

COLORADO
Asset Type:Industrial
Price Per Square Foot:$93
Total Square Footage:759,620 SF
Transaction Type:Loan

The asset involved in this transaction is a 759,620-square-foot industrial complex located at 6550 North Denali Street in Aurora, CO. The loan amount for the refinance is $71,000,000, associated with Hines as the landlord. The finance type is a three-year floating-rate loan.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $71,000,000
  • Loan Type: Refinance
  • Loan Terms: three-year floating-rate loan
  • Asset Address: 6550 North Denali Street, Aurora, CO
  • Asset Size: 759,620 square feet
  • Landlord: Hines
  • Brokers: Blair Butler & Matt Perigard - Essex Real Estate Capital Advisors

The refinancing was arranged by Essex Real Estate Capital Advisors, with the loan designed to replace construction debt and facilitate future funding for leasing efforts as Hines aims to fully stabilize the asset.

Players

Blair Butler
2 deals$79.5M volume(303) 843-4024
BROKER

Matt Perigard
Essex Real Estate Capital Advisors
1 deal$71M volume(303) 843-9256
BROKER

Essex Real Estate Capital Advisors
BROKERAGE

Hines
LANDLORD

Details

FINANCED
IMAGE: 11/04/2025 ADDRESS: 6550 North Denali Street MARKET: Aurora, CO ASSET TYPE: Industrial ~ SF: 759,620 LANDLORD: Hines BROKERS: Blair Butler & Matt Perigard - Essex Real Estate Capital Advisors LOAN AMOUNT: $71,000,000 LOAN TYPE: Refinance LOAN TERMS: three-year floating-rate loan NOTE: Essex Real Estate Capital Advisors arranged a $71 million, three-year floating-rate loan to refinance Denali Logistics Park, a 759,620-square-foot industrial complex in Aurora, for Hines. The nonrecourse, interest-only financing replaces construction debt and provides future funding for leasing as Hines works to fully stabilize the asset.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$71,000,000.00

Monthly NOI$473,333.33
Monthly Debt Service$448,768.30
Change in Cash Flow$0.00
Refinance Proceeds$0.00