LaSalle Investment Management has acquired Parc Santa Fe, an industrial development located on 22 acres along South Santa Fe Drive in Littleton, Colo.
Jackson-Shaw, LaPour Partners and Stream Realty Partners sold the asset for an undisclosed price; however it is estimated to be $58 million.
Totaling 345,126 square feet on 22 acres, spanning into three-building properties, which feature 24-foot and 28-foot clear heights, gated outside storage and car parking, ample dock doors and abundant power. The development consists of an 85,903-square-foot building, a 169,590-square-foot facility and an 89,633-square-foot building.
Los Angeles–based Mesa West Capital provided $43.3 million for the acquisition financing, reported Bisnow.
