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Jeff Dean Of Mark IV Capital Acquires Industrial Asset From Silver Point & Walker & Dunlop For $43M

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SOLD
$43,000,000

Colorado

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Industrial204,050 SF
Sold 08/06/2025
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Property Image
SOLD

Jeff Dean Of Mark IV Capital Acquires Industrial Asset From Silver Point & Walker & Dunlop For $43M

4480 Elevation Dr

See Similar Deals
Industrial204,050 SF
Sold 08/06/2025
Contact now

Summary

COLORADO
Asset Type:Industrial
Price Per Square Foot:$210
Total Square Footage:204,050 SF
Transaction Type:Sale

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

T.J. Smith
2 deals$52.2M volume(303) 283-4576
BROKER

Nick Rice
Colliers
2 deals$52.2M volume(720) 833-4620
BROKER

Brad Calbert
Colliers
1 deal$43M volume(303) 283-4566
BROKER

Colliers
BROKERAGE



Details

SOLD
IMAGE: 08/06/2025 ADDRESS: 4480 Elevation Dr MARKET: Longmont, CO ASSET TYPE: Industrial BUYER: Jeff Dean - Mark IV Capital SELLER: Silver Point & Walker & Dunlop Investment Partners BROKERS: TJ Smith, Nick Rice & Brad Calbert - Colliers SALE PRICE: $43,000,000 SF: 204,050 ~ PPSF: $211 NOTE: Mark IV Capital bought two pre-leased industrial buildings at Elevation 25 in Mead, CO, for $43M, part of a plan to develop 1 million sq ft of industrial space. The site, near major logistics hubs and with 55 acres for future development, reflects North Colorado’s shift toward tech-driven industries alongside traditional sectors.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,293,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$152,769.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$203,841.94
Annual Debt Service$2,446,103.25