Berkeley Partners has acquired a 1.95 million-square-foot Colorado industrial portfolio for $247.5 million. This is the largest industrial real estate transaction in Colorado’s history.
The 19 properties Berkeley Partners acquired from Etkin Johnson Real Estate Partners range in size from 26,078 square feet to 293,510 square feet. The properties are located throughout the state with sites in Denver, Arvada, Aurora, Boulder, Centennial, Colorado Springs, Englewood, Golden, Thornton, Westminster and Wheat Ridge.
At the time the deal was finalized, 93 percent of the portfolio was leased.
