Updated Oct 28, 2026
EastGroup Properties Acquires 453,550-SF Industrial Complex In Thornton For $94.5M From Rockefeller Group
15003 Grant Street & 15107 Grant Street
$94,500,000
$104/SF
Building Size
453,550 SF
Asset Type
Industrial
Closing
Oct 26, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 15003–15107 Grant Street in Thornton, Colorado. The sale price was $94,500,000, representing a price per square foot of $208, with a total size of 453,550 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $94,500,000
- Square Footage: 453,550
- Address: 15003–15107 Grant Street
- Market: Thornton, CO
- Buyer: Marshall A. Loeb - EastGroup Properties
- Seller: Rockefeller Group
Marshall A. Loeb represented EastGroup Properties in the acquisition of the 25 Commerce Park industrial complex from the Rockefeller Group, further expanding their presence in the Thornton market.
On the Map
$94,500,000
$104/SF
Industrial
View full map
Thornton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Marshall A. Loeb to view all their deals.
Browse Thornton industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93