Dream US Industrial Fund Acquires Enterprise Business Center Building 7 In Denver For $25.5M

The industrial property located at 9420 East 40th Avenue, Denver, CO, was sold for $25,500,000. This asset spans 157,942 square feet and was built in 2017. It features a 24-foot clear height and is equipped with ESFR sprinklers, complemented by a large truck court.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Square Footage: 157,942
• Address: 9420 East 40th Avenue
• Market: Denver, CO
• Buyer: Dream US Industrial Fund
• Seller: United Properties
• Brokers: Mike Wafer, Tim Richey, Michael Wafer Jr., Mike Viehmann, Jack Richey & Sean Fitzgerald - Newmark

United Properties sold the Enterprise Business Center Building 7 to Dream US Industrial Fund, a Dream REIT entity. The brokers involved in the transaction were from Newmark, representing the interests of both the buyer and seller effectively throughout the deal.