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BKM Capital Partners Acquires Industrial Property West 6th Center In Denver For $10.7M

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SOLD
$10,700,000

Colorado

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Industrial122,783 SF
Sold 02/05/2024
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Property Image
SOLD

BKM Capital Partners Acquires Industrial Property West 6th Center In Denver For $10.7M

1780 West 6th Avenue

See Similar Deals
Industrial122,783 SF
Sold 02/05/2024
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Summary

COLORADO
Asset Type:Industrial
Price Per Square Foot:$87
Total Square Footage:122,783 SF
Transaction Type:Sale

The industrial property located at 1780 West 6th Avenue in Denver, CO, has been sold for a total price of $10,700,000. Spanning 122,783 square feet, the property was acquired by Brian Malliet of BKM Capital Partners. The deal was facilitated by brokers Aaron Valdez, Alec Rhodes, and Raymond Trevisan from Cushman & Wakefield, at a price per square foot of $87.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,700,000
  • Buyer: Brian Malliet - BKM Capital Partners
  • Square Footage: 122,783
  • Address: 1780 West 6th Avenue, Denver, CO
  • Market: Denver, CO
  • Sale Price per Square Foot: $87
  • Seller: Not specified

BKM Capital Partners, in collaboration with TerraCore Capital, completed the acquisition of West 6th Center as a light industrial property in Denver through this investment deal. The involvement of multiple companies and individuals in the transaction highlights the joint efforts and strategic partnerships that contribute to successful real estate acquisitions in the commercial sector.

Players

Raymond Trevisan
2 deals$10.7M volume(973) 214-4893
BROKER

Alec Rhodes
Cushman & Wakefield
2 deals$83.7M volume(303) 523-1827
BROKER

Aaron Valdez
Cushman & Wakefield
2 deals$83.7M volume(303) 819-7333
BROKER

Details

SOLD
IMAGE: Brian Malliet, Aaron Valdez, Alec Rhodes & Raymond Trevisan DATE: 02/05/2024 ADDRESS: 1780 West 6th Avenue MARKET: Denver, CO ASSET TYPE: Industrial BUYER: Brian Malliet - BKM Capital Partners BROKERS: Aaron Valdez, Alec Rhodes & Raymond Trevisan - Cushman & Wakefield SALE PRICE: $10,700,000 SF: 122,783 ~ PPSF: $87 NOTE: BKM Capital Partners, in a joint venture with TerraCore Capital, has acquired West 6th Center, a light industrial property in Denver, for $10.7 million.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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