TH Real Estate Buys 485,984 SF Industrial Portfolio in Denver for $51M
The assets include two infill properties at 6400 Broadway and Bryant Street Quad in central Denver, as well as one of the few large-scale, high-bay industrial properties at 16600 Table Mountain in west Metro Denver. Image courtesy of photographer Steve Zavodny.
DENVER — TH Real Estate has purchased a three-property industrial portfolio in Denver for $50 million. The transaction contains a total of 485,984 square feet.
The assets include two infill properties at 6400 Broadway and Bryant Street Quad in central Denver, as well as a large-scale, high-bay industrial property at 16600 Table Mountain in west metro Denver. The properties are fully leased.
TH Real Estate is an affiliate of Nuveen, the investment arm of TIAA. NKF’s John Jugl Jr., Paul Donahue and Bret Hardy represented the seller, an institutional owner, in this transaction.