Jeff Dean Of Mark IV Capital Acquires Industrial Asset From Silver Point & Walker & Dunlop For $43M
4480 Elevation Dr
$43,000,000
$210/SF
Building Size
204,050 SF
Asset Type
Industrial
Closing
Aug 6, 2025
AI
The property involved in this transaction is an industrial asset located at 4480 Elevation Dr, Longmont, CO. The total sale price for this asset was $43,000,000, encompassing a square footage of 204,050, resulting in a price per square foot of $211.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $43,000,000
- Address: 4480 Elevation Dr
- Market: Longmont, CO
- Square Footage: 204,050
- Price per Square Foot: $211
- Buyer: Jeff Dean - Mark IV Capital
- Seller: Silver Point & Walker & Dunlop Investment Partners
- Brokers: TJ Smith, Nick Rice & Brad Calbert - Colliers
This transaction involved Jeff Dean representing Mark IV Capital, which acquired the industrial buildings as part of a broader project aimed at developing 1 million square feet of industrial space. The seller group includes Silver Point and Walker & Dunlop Investment Partners, indicating a strategic interest in North Colorado's evolving logistics landscape.
Players
Mead 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
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93