Trade Centre – Sold

Properties

Trade Centre

A mission critical, state-of-the-art drug production facility containing pharmaceutical manufacturing, lab, and office space.

Property Details

Address

2600 Trade Centre Avenue & 2620 Trade Centre Avenue, Longmont, CO (Denver)

Property Type

Two Office/Lab Buildings

Size

78,023 Square Feet

Primary Tenant

Cambrex

Acquired

December 7, 2018

Sold

April 3, 2022

Syndicated

December 14, 2018

Internal Rate of Return

23.6%

Average Annual Return

28.3%

Equity Multiple

1.97x

Photo of Tritower Financial Trade Centre property
Photo of Tritower Financial Trade Centre property
Photo of Tritower Financial Trade Centre property
Photo of Tritower Financial Trade Centre property

Highlights & Amenities

Tenant has invested over $15,000,000 or $192/SF since 2015 in the Property’s clean rooms.

Wet labs.

Walk-in stability chambers.

Laboratory grade HVAC.

50-gallon glass lined reactors.

Hastelloy agitated filter dryers.

Purified water systems and back-up generators.

20,000 square foot expansion of lab and office build-out upgrades.

Location

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