Good Investment Partners recently acquired three industrial buildings in Douglas County for a total of $47.25 million from CWCapital. The portfolio, which spans 264,209 square feet, consists of a 149,045-square-foot building at 8560 Upland Dr., a 64,676-square-foot building at 8490 Grasslands Dr., and a 50,488-square-foot building at14800 Grasslands Dr., all located approximately15 miles south of Denver.
According to the Denver Business Journal , the properties were fully leased to five “blue chip tenants” when they were sold. These buildings have maintained an impressive occupancy rate of98% since2016.
This is not the first time these properties have changed hands in recent years. In2020,CWCapital and Kenai Capital Advisors purchased them as partof ajoint venture for nearly $41 million.
The warehouses are situated eastof Centennial Airport and just north of E-470 withinthe640-acre Compark Business Campus.This mixed-use development spans over6.6million square feetand includesa varietyof office spaces,c ommercial areas,and housing options.
