Stockbridge Purchases Fully Occupied 1.3 MSF Industrial Portfolio in Denver

DENVER — Stockbridge has acquired an eight-building industrial portfolio in Denver. The name of the seller and acquisition price were not released.

Totaling more than 1.3 million square feet of infill industrial space, the portfolio includes:

• Table Mountain Commerce Center, 16163 W. 45th Drive
• West 53rd Place, 445 W. 53rd Place
• Leyden I, 4735-4795 Leyden St.
• Leyden II, 4725 Leyden St.
• Denver Business Center 5, 11175 E. 55th Ave.
• Denver Business Center, 11605 E. 55th Ave.
• Moline Distribution Center, 4865 Moline St.
• Moncrieff Distribution Center, 14303 E. Moncrieff Place

Built between 1971 and 2009, the buildings offer clear heights ranging from 22 feet to 32 feet. At the time of sale, the portfolio was fully leased to 25 tenants in variety of industries, including electrical supplies; warehouse and distribution; manufacturing; construction and building materials; technology; and consumer goods.

Jim Bolt, Tyler Carner, Jeremy Ballenger and Jessica Ostermick of CBRE’s Denver office represented the seller in the deal.