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Phoenix & Southwest  + Southwest  + Industrial  | 

Berkeley Bags Colorado Industrial for $49M

Berkeley Partners acquired a multi-tenant industrial building in Louisville, CO from DPC Companies and Long Wharf Capital for $49 million. The 411,485-square-foot building is located at 333-335 Centennial Parkway.

CBRE’s Tyler Carner, Jeremy Ballenger, Jim Bolt, Jessica Ostermick and Jeremy Kroner represented the sellers.

Carner says, “333-335 Centennial Parkway is one of the largest multi-tenanted industrial assets in the submarket. It is the closest to Boulder, the closest to the highway and has the most amenities of any industrial park along the U.S. 36 corridor. This was a rare opportunity to acquire a significant industrial foothold in an amenity-rich and supply-constrained location.”

DPC and Long Wharf purchased the 24.9-acre property near Boulder in 2017, which was 50% leased at the time. In conjunction with a capital improvement campaign, CBRE brought the property to full lease-up with a total of six tenants representing a diverse mix of industries, including e-commerce, robotics, biotechnology, information technology and manufacturing.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency integrated marketing communications roles. He is responsible for Connect’s client content operations and public relations strategy. He is involved in a range of initiatives ranging from content strategy, message development, copywriting, Social Media and content marketing services. Dennis’s communications background in the real estate industry includes working with many of the top real estate firms – from brokerage companies, developers, homebuilders, investors, owners, lawyers, asset advisors, lenders, architects and property management firms. • Marketed more than 1 Billion Square Feet of Office Space • 70,000 Multifamily/Condo Units • 15,000 Single Family Homes • 30 Million Square Feet of Retail Space • Representing Roughly $100 Billion in Investment In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. Dennis’s agency background on integrated communications teams at many reputable agencies and has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. He formerly was President of the Public Relations Society of America’s Los Angeles of public relations professional, and served on the Board of Directors. He also taught a public relations extension course at Loyola Marymount University. Dennis’s has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.

  • ◦Sale/Acquisition