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15200 East 33rd Place

Jared Gordon Of MCA Realty Acquires Industrial Business Park In Aurora For $9.2M
SOLDIndustrial

Jared Gordon Of MCA Realty Acquires Industrial Business Park In Aurora For $9.2M

15200 East 33rd Place, 15250 East 33rd Place & 15201 East Moncrieff Place

$9,200,000

$43/SF

Building Size

70,301 SF

Asset Type

Industrial

Closing

Feb 14, 2024

AI

Commerce Center I, a fully occupied three-building industrial business park located at 15200 East 33rd Place, 15250 East 33rd Place & 15201 East Moncrieff Place in Aurora, CO, was recently acquired by Jared Gordon of MCA Realty for $9.2 million. The total square footage of the property is 70,301, resulting in a price per square foot of $131.

Summary of transation details:

MCA Realty's Industrial Growth Fund facilitated the acquisition of Commerce Center I. The transaction was successfully led by brokers Matt Keyerleber, Nick Rice, and T.J. Smith, representing Colliers International in this deal.

Players

T.J. Smith

Colliers

Broker

$52.2M

vol

2 deals

Broker

Aurora Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93