The Mark IV Capital commercial real estate firm recently bought two buildings totaling 204,050 square feet in Mead’s Elevation 25 development, which is along the Interstate 25 corridor, for $43 million.
The buildings are fully leased, Mark IV Capital said in a news release. In all, the Elevation 25 site is planned to be a million square feet of new buildings in the future, with 55 additional acres available for development.
“North Colorado’s evolution is being driven by a combination of traditional industries — agriculture, logistics, mining and manufacturing — and a new wave of innovation in renewable energy, advanced materials and precision technology,” Mark IV Capital senior vice president Jeff Dean, said in the release.
Denver-based Silver Point Development LLC and Walker Dunlop Investment Partners were the buildings’ sellers. They were represented by Colliers International brokers TJ Smith, Nick Rice and Brad Calbert in the transaction, according to the statement.
This article was first published by BizWest, an independent news organization, and is published under a license agreement. © 2025 BizWest Media LLC.
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