The Koll Co., one of Orange County’s largest real estate companies, expanded its presence in Colorado by purchasing an industrial building in the Denver suburb of Aurora for $15.8 million.
Irvine-based The Koll Co. bought the 142,413-square-foot single-tenant warehouse at 17450 E. 32nd Place from LBA Logistics, per CoStar data.
The warehouse, recognized by the Denver chapter of Building Owners and Managers Association as the ‘Outstanding Building of the Year’ in 2023, is occupied by RK Mission Critical.
RK Mission Critical, a subsidiary of RK Industries, specializes in modular solutions and leases the space at 17450 E. 32nd Place through 2029.
Additional details about the transaction will be in the Jan. 27 print issue of the Business Journal.
The all-cash transaction marks The Koll Co.’s first acquisition in Colorado since 2007. The Koll Co. owns properties in seven states: Arizona, California, Colorado, Minnesota, Nevada, Oregon and Utah.
Colliers was the brokerage on the transaction and represented the buyer and seller.