Steel Peak Properties Acquires Industrial Outdoor Storage Facility In Commerce City For $5.4M

Steel Peak Properties has acquired an industrial outdoor storage property located at 6669 Colorado Boulevard in Commerce City, Colorado. The property spans 5.3 acres and features a maintenance shop covering 16,800 square feet, selling for $5.4 million, which translates to a price per square foot of $321.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,400,000
• Address: 6669 Colorado Boulevard
• Market: Commerce City, CO
• Acres: 5.3
• Square Footage: 16,800
• Price Per Square Foot: $321
• Buyer: Steel Peak Properties
• Broker Representatives: Spencer Mason & Angelo Vattano - Matthews

Steel Peak's acquisition is notable as it marks their second purchase in Commerce City within 45 days and represents their fourth industrial outdoor storage acquisition in the Denver area over the last 12 months. Plans for the property include exterior upgrades to the storage yard and perimeter fencing.