Westfield And Reinsurance Group Of America Acquire Centerpark Industrial Project In Denver

The Centerpark, a three-building industrial project located at 4900 Osage Street, 5000 Osage Street, and 5050 Osage Street in Denver, CO, spanning 22 acres, was recently acquired by a joint venture between Westfield and Reinsurance Group of America for $73 million from an undisclosed seller. The property comprises a total of 431,157 square feet with a price per square foot of $169.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $73,000,000
• Market: Denver, CO
• Address: 4900 Osage Street, 5000 Osage Street & 5050 Osage Street
• Square Footage: 431,157
• Price Per Square Foot: $169
• Brokers: Aaron Valdez, Alec Rhodes, Dean Wiley, James Carpenter, Kirk Kuller, Michael Matchett, Molly Hunt, Tyler Smith & Will Strong - Cushman & Wakefield

The acquisition transaction of Centerpark was facilitated by a team of brokers from Cushman & Wakefield, including Aaron Valdez, Alec Rhodes, Dean Wiley, James Carpenter, Kirk Kuller, Michael Matchett, Molly Hunt, Tyler Smith, and Will Strong, showcasing their expertise in the industrial real estate sector.