Kapuahelani Acquires Industrial Asset From Confluent Development In Littleton For $17.7M

The industrial asset located at 10512 West Toller Drive in Littleton, CO, consists of 70,900 square feet and was sold for $17,700,000. The property is fully leased and is part of a larger 175,000-square-foot campus. The first building of this campus was sold for $20.6 million in January.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,700,000
• Square Footage: 70,900
• Address: 10512 West Toller Drive
• Market: Littleton, CO
• Price Per Square Foot: $250
• Buyer: Kapuahelani
• Seller: Confluent Development
• Broker: Jeremy Ballenger - CBRE

Kapuahelani, a Hawaii-based company, acquired the property from Confluent Development. The transaction showcases the continuing interest in industrial assets within the region, evidenced by the previous sale of the first building on the campus for a significant amount earlier in the year.