Stockbridge Acquires Property At 14303 E Moncrieff Pl Aurora With CBRE As Seller's Rep
14303 E Moncrieff Pl, Aurora, CO, 800...
Building Size
1 SF
Asset Type
Industrial
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 14303 E Moncrieff Pl, Aurora, CO, in the Aurora market. The asset is part of an eight-building industrial portfolio that totals over 1.3 million square feet of infill industrial space. The buildings, constructed between 1971 and 2009, feature clear heights ranging from 22 feet to 32 feet and were fully leased to 25 tenants across various industries at the time of sale.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 14303 E Moncrieff Pl, Aurora, CO
- Market: Aurora
- Seller's Representatives: Jeremy Ballenger, Jessica Ostermick & Jim Bolt - CBRE
- Buyer: Stockbridge
Jim Bolt and his colleagues from CBRE’s Denver office played a crucial role in representing the seller during the transaction. The diverse range of tenants occupying the portfolio reflects the variety of industries supported by this industrial space, including electrical supplies, warehouse and distribution, manufacturing, construction and building materials, technology, and consumer goods.
Players
Aurora Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93