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

Property Image
SOLD
$73,000,000
Kirk Kuller
James (Jim) Carpenter
+ 6

Colorado

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Industrial1,293,471 SF
Sold 03/18/2024
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Property Image
SOLD

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

4900 Osage Street, 5000 Osage Street & 5050 Osage Street

See Similar Deals
Industrial1,293,471 SF
Sold 03/18/2024
Kirk Kuller
James (Jim) Carpenter
+ 6
Contact now

Summary

COLORADO
Asset Type:Industrial
Price Per Square Foot:$56
Total Square Footage:1,293,471 SF
Transaction Type:Sale

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:

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.

Players

Will Strong
54 deals$3.2B volume
BROKER

Kirk Kuller
Cushman & Wakefield
11 deals$670M volume
BROKER

James (Jim) Carpenter
Cushman & Wakefield
19 deals$373.6M volume
BROKER

Molly Miller Hunt
Cushman & Wakefield
28 deals$1.9B volume(602) 361-9501
BROKER

Michael Matchett
Cushman & Wakefield
23 deals$1.6B volume(949) 375-7378
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

Dean Wiley
Cushman & Wakefield
6 deals$356.3M volume(602) 224-4420
BROKER

Tyler Smith
Cushman & Wakefield
3 deals$844.2M volume(720) 987-8954
BROKER

Details

SOLD
IMAGE: Aaron Valdez, Alec Rhodes, Dean Wiley, James Carpenter, Kirk Kuller, Michael Matchett, Molly Hunt, Tyler Smith & Will Strong DATE: 03/18/2024 ADDRESS: 4900 Osage Street, 5000 Osage Street & 5050 Osage Street MARKET: Denver, CO ASSET TYPE: Industrial ~ ACRES: 22 BROKERS: Aaron Valdez, Alec Rhodes, Dean Wiley, James Carpenter, Kirk Kuller, Michael Matchett, Molly Hunt, Tyler Smith & Will Strong - Cushman & Wakefield SALE PRICE: $73,000,000 SF: 431,157 ~ PPSF: $169 NOTE: A joint venture between Westfield and Reinsurance Group of America has acquired Centerpark, a three-building industrial project in Denver, for $73 million from an undisclosed seller.

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