Southwest Denver industrial building sells; charities net $26.8K

DENVER BUSINESS JOURNAL - When a southwest Denver industrial building recently sold, two local charities came out ahead.

JLL said it participated in the $3.35 million sale of a fully leased 29,100-square-foot industrial building at 12415 Dumont Drive, when Rocky Mountain Investment Partners (RMIP) sold the building to the Hess Family.\

According to a JLL statement, two charities will benefit from the sale: "JLL and RMIP donated $13,400 of the fee to the Children’s Hospital and $13,400 to the Dear Jack Foundation, an organization that works to provide support for adolescents and young adults (ages 15-39) diagnosed with cancer."

The southwest Denver industrial market is very tight, JLL said, with a vacancy rate of only 1.1 percent.

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