{"id":1004477980,"date":"2020-09-16T04:42:51","date_gmt":"2020-09-16T12:42:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004477980"},"modified":"2020-09-16T04:42:51","modified_gmt":"2020-09-16T12:42:51","slug":"berkeley-partners-lands-32m-for-denver-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/","title":{"rendered":"Berkeley Partners Lands $32M for Denver Warehouse"},"content":{"rendered":"<div id=\"attachment_1004477983\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477983\" data-attachment-id=\"1004477983\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/333-335-centennial-parkway\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"333-335 Centennial Parkway\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;333-335 Centennial Parkway. &lt;i&gt;Image via Google Maps&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg?w=800\" class=\"wp-image-1004477983 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477983\" class=\"wp-caption-text\">333-335 Centennial Parkway. <i>Image via Google Maps<\/i><\/p><\/div>\n<p>Berkeley Partners has received a $31.9 million loan for a fully triple-net leased, 411,485-square-foot industrial property in Louisville, Colo. Nuveen Real Estate originated a fixed-rate, non-recourse mortgage, which is set to mature in 2027. JLL Capital Markets secured the financing package for the borrower.<\/p>\n<p>In July, Berkeley purchased the two-building, multi-tenant property for $49 million from a joint venture between DPC Cos. and Long Wharf Capital, according to Boulder County records. The asset had last changed hands in 2017, when W.P. Carey sold it for $25 million.<\/p>\n<p>Located on 25 acres at 333 and 335 Centennial Parkway, the two single-story warehouses were completed in 1995. The seller renovated the buildings in 2019, with improvements including a new fa\u00e7ade, upgraded docks and drive-in loading and modern finishes. The property has 28-foot clear height, one grade-level and seven dock-high doors. &nbsp;The facility is a short distance from Highway 36 and some 21 miles northeast of downtown Denver.<\/p>\n<p>The JLL debt placement team included Managing Director Jeff Sause, Senior Director Leon McBroom, Executive Managing Director Kevin MacKenzie and Director Spencer Richley. Earlier this month, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/jll-secures-24m-loan-for-inland-empire-warehouse-buy\/\">arranged a $23.7 million loan<\/a> for the acquisition of Pellisier Logistics Center, a 232,600-square-foot industrial building in Colton, Calif.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nuveen Real Estate provided the seven-year, fixed-rate loan for a 411,485-square-foot industrial property.<\/p>\n","protected":false},"author":867,"featured_media":1004477983,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21825,21748,21742,15],"tags":[34645,32796,34647,34931,43901,36313],"class_list":["post-1004477980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-finance","category-industrial","category-latest","category-west","tag-berkeley-partners","tag-jll","tag-kevin-mackenzie","tag-long-wharf-capital","tag-nuveen-real-estate","tag-w-p-carey"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Berkeley Partners Lands $32M for Denver Warehouse - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Berkeley Partners Lands $32M for Denver Warehouse\" \/>\n<meta property=\"og:description\" content=\"Nuveen Real Estate provided the seven-year, fixed-rate loan for a 411,485-square-foot industrial property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-16T12:42:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/\",\"name\":\"Berkeley Partners Lands $32M for Denver Warehouse - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\",\"datePublished\":\"2020-09-16T12:42:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berkeley-partners-lands-32m-for-denver-warehouse\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/333-335-Centennial-Parkway.jpg\",\"width\":800,\"height\":620,\"caption\":\"333-335 Centennial Parkway. 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