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7901 South Potomac Street

Mortenson Properties And Hyde Development Acquire Industrial Complex In Englewood For $48.2M
SOLDIndustrial

Mortenson Properties And Hyde Development Acquire Industrial Complex In Englewood For $48.2M

7901 South Potomac Street & 7955 South Potomac Street

$48,200,000

$90/SF

Building Size

266,522 SF

Asset Type

Industrial

Closing

Sep 26, 2025

AI

The property asset involved in this transaction is an industrial complex located at 7901 South Potomac Street and 7955 South Potomac Street in Englewood, Colorado. The complex spans a total of 266,522 square feet and was sold for $48,200,000, equating to a price per square foot of approximately $181. The two-building property is currently 80% leased to four tenants.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $48,200,000
  • Address: 7901 South Potomac Street & 7955 South Potomac Street
  • Market: Englewood, CO
  • Square Footage: 266,522
  • Price Per Square Foot: $181
  • Buyer: Mortenson Properties & Hyde Development
  • Seller: Westcore
  • Broker: CBRE
  • Leased Percentage: 80%
  • Number of Tenants: 4

Mortenson Properties and Hyde Development were the buyers involved in this transaction, acquiring the property from Westcore. The deal was facilitated by the brokerage firm CBRE, highlighting the collaboration between these entities in the property transfer.

Players

HD
Hyde DevelopmentBuyer

Centennial Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93