Trade Centre
| 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 | 1.9x |
Highlights & Amenities:
- A mission critical, state-of-the-art drug production facility containing pharmaceutical manufacturing, lab and office space
- 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 as well as a 20,000 square foot expansion of lab and office build-out upgrades
