**Mark IV Capital Acquires Denver-Area Industrial Buildings for $43 Million**
Mark IV Capital has acquired two pre-leased industrial buildings at Elevation 25 in Mead, Colorado, from Silver Point Development for $43 million. The assets total 204,050 square feet and represent the first phase of an ambitious development project aimed at delivering one million square feet of industrial space approximately 35 miles north of Denver.
Elevation 25 encompasses a large expansion opportunity, with an additional 55 acres available for future development. The site sits strategically near significant industrial infrastructure, including a FedEx hub, a Home Depot distribution center, and key rail-served industrial parks.
Jeff Dean of Mark IV Capital commented on the acquisition, stating, “North Colorado’s evolution is being driven by a combination of traditional industries – agriculture, logistics, mining and manufacturing – and a new wave of innovation in renewable energy, advanced materials, and precision technology.”
Colliers International’s TJ Smith, Nick Rice, and Brad Calbert represented the seller, Silver Point Development, and its partner, Walker Dunlop Investment Partners, in the transaction.
