Joint Venture Acquires 257K-SF Colorado Warehouse Portfolio

Denver Firms Complete $33M Acquisition of Englewood Industrial Portfolio

Denver-based commercial real estate investment and development firms ErvoSquare and Matrix Group, Inc., have acquired the Pacifica Union Small Bay Industrial Portfolio in Englewood for $33 million. The transaction represents the first partnership between the two real estate firms. JLL assisted ErvoSquare with the acquisition by identifying and securing Matrix Group, Inc., as a joint venture partner. The Pacifica Union portfolio, now rebranded as…

Joint Venture Acquires 257K-SF Colorado Warehouse Portfolio

A joint venture between ErvoSquare and Matrix Group purchased a 10-building small-bay industrial portfolio in Englewood and Sheridan for $33.4 million, or $130.91 per square foot. A JLL-led team assisted ErvoSquare with the acquisition. Michael DeSantis and Brett MacDougall of Unique Properties Inc. / TNC Worldwide represented the buyer in the deal. A JLL-led team assisted ErvoSquare with the acquisition. The 13.9-acre Pacifica Union portfolio, …