The Granite Commerce Center, which consists of over 407,000 square feet at the northeast corner of 75th Avenue and Van Buren Street, sold Thursday for $30.75 million or $75 per square foot. Cobalt Capital Partners, which was acquired by Colony Capital in January of this year, purchased the property in a cash-only sale from Texas-based Crow Holdings.
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This distribution center consists of three single-story industrial buildings built 2001 on twenty-four acres. It includes over one hundred grade and dock doors.
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