A Storage Place LLC of Evergreen, Colo., purchased a 100 percent share an industrial building in Evergreen from AOS Development and DS-Colorado LLC for $2.6 million, or about $38 per square foot. The buyer previously had a 20 percent share in the structure.
With the purchase of Evergreen DeSoto's 40 percent stake, as well as AOS Development's 40 percent share, the buyer now has 100 percent ownership.
The property is a one-story, 69,750-square-foot, class-B industrial building with four units constructed in 2002. It is in the West Denver Industrial market. Neither the buyer nor the seller had broker representation.