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$393M industrial portfolio sale in Louisville s CTC | Business

Longtime Denver-based commercial real estate company Etkin Johnson announced Wednesday what it dubbed the “largest industrial sale in Colorado” with its $392.9 million portfolio sale at Louisville’s Colorado Technology Center. The 1.67 million-square-foot, 16-building, industrial portfolio was sold to an undisclosed institutional investor. Boulder County assessor records do not yet reflect the sale, as it still shows the properties owned by Colorado Technology Center Portfolio LLC of Denver with Etkin’s longtime 1512 Larimer St. address. “In addition to the quality of the assets, the portfolio drew interest for its strong credit tenancy, representing a mix of high-growth industries including aerospace, life sciences, manufacturing, e-commerce and third-party logistics,” CBRE Executive Vice President Jeremy Ballenger, part of the team who represented Etkin Johnson, said in a statement.

Exclusive: Etkin Johnson sells Boulder County industrial portfolio for record $393M, begins winding down business

Exclusive: Etkin Johnson sells Boulder County industrial portfolio for record $393M, begins winding down business
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