An industrial giant on East Colfax just landed in new hands for $63.5 million, adding another huge warehouse to a national investor’s cart. The nearly 876,000-square-foot distribution center in Aurora sits on a multi-acre campus near Denver International Airport and is leased to a single logistics operator. The deal ranks among the largest one-off industrial trades reported in Metro Denver this month and highlights how investor appetite for well-located logistics assets is still very much alive.
Deal Details
The sale was first reported by Business Journals, which said CIRE Equity is connected with the acquisition. Regional filings and a local commercial-real-estate roundup list the buyer entity as 18101 East Colfax LLC and the seller as B9 Polar Aurora LLC, per local reporting. Those reports show the transaction price at $63.5 million.
Buyer And Property Details
CIRE Equity's portfolio page lists 18101 E. Colfax as a January 2026 acquisition and records the property at roughly 875,666 square feet. Based on the reported $63.5 million sale price, the math pencils out to about $72.5 per square foot, a figure more in line with a large single-tenant campus than smaller infill warehouses. The asset now appears among CIRE’s CREIT holdings.
Tenant And Lease
According to the Colorado Department of State Business Records, Acme Delivery Service (d/b/a Acme Distribution Centers) lists 18101 E. Colfax as its principal address, indicating the facility is occupied by a single logistics tenant. Offering and mortgage documentation available online further describe a second amended and restated lease between Acme and the seller affiliate that dates to 2018. That setup offers steady cash flow for the new owner but also concentrates vacancy risk if the tenant were to leave or scale back.
What It Means For The Market
The trade lands as the Denver-Aurora industrial market works through a wave of new space and evolving tenant demand, according to local market reporting. Analysts have pointed to a pullback in speculative development alongside pockets of positive absorption, a mix that can create buying windows for well-capitalized investors targeting strategic warehouse locations. The Aurora site, near I-70 and DIA, keeps large-format space in play for regional and last-mile distribution users even as pricing across the market recalibrates.
This report draws on local coverage, company portfolio listings, and public filings to confirm the sale and tenancy at the Aurora campus.
