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ASB Purchases Denver Industrial Portfolio for $72M

The portfolio, previously owned by Link Properties, includes three buildings within Denver’s Airport submarket.

18300 E. 28th Avenue in Aurora, CO.

DENVER, CO – ASB Real Estate Investments has acquired an industrial portfolio, totaling 633,193 square feet in the Denver metropolitan area, for $72 million. The investment was completed on behalf of ASB’s Allegiance Real Estate Fund, a $7.5 billion core vehicle.

The warehouse portfolio consists of three class-A buildings, located in Denver’s Airport submarket. The acquisition includes the 406,959-square-foot property at 22100 E 26th Avenue in Aurora, the 140,630-square-foot property at 9410 Heinz Way in Commerce City and the 85,604-square-foot property at 18300 E. 28th Avenue in Aurora. The fully-leased buildings are currently occupied by Subaru of America, Home Depot and Old West Mattress Company, respectively.

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Ingrid Tunberg

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.

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