Inland Real Estate Group has acquired a brand new 151,668-square-foot last mile logistics building on just over 19 acres in the Denver MSA for $57 million. The asset, located at 900 E 128th Avenue in Thornton, Colo., is fully leased to a single tenant for an ecommerce last-mile facility.
The seller was The Opus Group, which developed the asset in 2019.
The facility is strategically located in the highly desirable north I-25 corridor. It is just minutes from Interstate 25 with multiple access points, walking distance to the light rail at Eastlake Station, and near excellent retail amenities in the immediate area. The property features a 30-foot clear height, 24 dock doors and six drive-in ramped doors, and unusually heavy parking that was accommodated with a three-story structured parking garage and surface solution.