Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Koll Buys Aurora Warehouse
The Koll Company purchased the RK Mission Critical building in Aurora, CO in a $15.8 million, all-cash deal. The 142,000 square foot ($111/foot), single-tenant industrial building, is located at 17450 East 32nd Place. RK Mission Critical, a subsidiary of RK Industries, is the building’s sole tenant through 2029. RK Mission Critical is a global provider of custom-engineered modular solutions.
This is The Koll Company’s first acquisition in Colorado since 2007. Colliers brokered the transaction, representing both the seller and purchaser.
“This market’s fundamentals ended 2024 strong with low, decreasing vacancy rates, sustained leasing activity and strong positive absorption outpacing new supply for the first time in 18 months,” commented Koll’s Scott Meserve.
Aurora, the third-most-populous city in the State of Colorado, is home to a number of key employers, including the Buckley Space Force Base, Anschutz Medical Campus, Children’s Hospital Colorado, University of Colorado Hospital, Raytheon Technologies, Kaiser Permanente, Amazon, Northrop Grumman and the Lockhead Martin Corporation.
- ◦Sale/Acquisition
