DENVER – Kenai Capital Advisors (“Kenai”) today announced the successful sale of 4701 Colorado Boulevard, a 27,716-square-foot industrial property situated on 2.18 acres in Denver, Colorado. This well-maintained industrial asset features dual street access, functional outdoor storage, and high visibility, located directly adjacent to the newly completed Interstate 70 project in Denver’s Park Hill area.
Kenai represented the DoubleBay Partners, a Denver-based private investment firm that specializes in industrial assets, in the publicly marketed transaction and sourced the buyer—a California-based private equity firm.
Built-in 1968, the property is 100% leased to Winsupply, which leverages the site’s drive-in loading and extensive outdoor storage to optimize its distribution operations in the North Denver submarket. The combination of a functional layout and a prime location made 4701 Colorado Boulevard an exceptional addition to the buyer’s expanding Denver industrial portfolio.
“This sale highlights the continued demand for functional industrial outdoor storage assets in the Denver market,” said Garrett Neustrom of Kenai Capital Advisors. “The property attracted significant interest, with 9 competitive offers from private equity and institutional-backed investors.”
Kenai Capital Advisors is an investment sales and capital markets advisor based in Littleton, Colorado. Kenai focuses on industrial, office, data center, and retail assets sales and equity capitalization across the mountain west region. Comprised of industry veterans with over $1.5 billion in transactional volume and over 20 million square feet of management experience, Kenai strives to make every property recommendation with the clear goal of maximizing investor returns.
