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4480 Elevation Dr

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

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

T.J. Smith

Colliers

Broker

$52.2M

vol

2 deals

Broker
Colliers
ColliersBrokerage
Mark IV Capital
Mark IV CapitalBuyer
Walker & Dunlop
Walker & DunlopSeller

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