Pine Creek Business Center
4700 Oakland & 4705 Paris Denver CO
Property Pictures
Current Performance Details
- Acquisition DateJan, 1999
- Acquisition Price$4,900,000
- Add. Capital Costs$600,000
- Total Cost$5,500,000
- Total Project Size173,045 SF
- StatusActive
- Current Value$9,500,000
- Market Value PSF$54.90
- Mixed-use 12-building office and industrial complex
- Excellent location in Montbello Business Park in the I-70 industrial corridor
- Value added by major renovations to office buildings including new seamless metal mansards
- Refinanced this asset in July, 2008 with a $6,200,000, 10-year fixed rate, non-recourse loan at 6.38% interest rate
