Armada Venture Partners, a local Denver-based boutique commercial real estate investment and development company, announced it has purchased a 46,000-square-foot warehouse in Park Hill.
Evan Makovsky, Byron Johnson and Craig Myles of NAI Shames Makovsky facilitated the transaction on behalf of the seller. The purchase price was $6.32 million
The vacant Denver warehouse, located at 3939 Kearney Street, will be renovated and leased in 2022.
"We are being intentional in acquiring and redeveloping in-fill opportunities across various asset classes to support growing companies and drive economic growth in our city," said Ryan Arnold, principal of Armada. "Park Hill is one of the gems of Denver. It is known for its architectural diversity, relaxed suburb-in-the-city vibe, and the easy access it affords to major thoroughfares, transit and downtown."
