DENVER – Kenai Capital Advisors (“Kenai”) today announced it represented the Seller in the sale of a 26,950-square-foot industrial service facility situated on 9.98 acres in Denver, Colorado to the Buyer Alterra IOS. The facility is located within one of Denver’s most supply-constrained industrial corridors and is 100% leased to a national publicly traded tenant.
The property is located in Denver’s highly desirable Northwest submarket at 2001 West 64th Lane in Denver, Colorado. The site features seven (7) oversized drive-through maintenance bays, a 5-ton bridge crane, and secured yard area. This asset is currently being used for equipment maintenance and is well suited for equipment servicing or fleet operations. Additionally, the site benefits from immediate access to Interstate 76, Interstate 70, and Interstate 25, supporting efficient connectivity to national logistics corridors and the country’s core construction, and infrastructure activity.
Industrial service facilities and IOS-oriented assets like 2001 W 64th lane continue to drive high pricing across Denver due to limited industrial zoning, constrained new supply, and consistent user demand. Market data highlights the highly competitive landscape, with tight vacancy and sustained rent growth supporting the long-term stability for well-located service sites.
“This facility represents the type of irreplaceable infill industrial service facility that continues to outperform market expectations,” said Garrett Neustrom of Kenai Capital Advisors. “Its location, access, and functionality support essential operational uses, and the market dynamics in this corridor remain highly attractive for long-term ownership.”
“We are excited to welcome 2001 W 64th to the Alterra IOS portfolio. This acquisition continues our expansion within the Denver market, as we focus on acquiring well-located, high-quality IOS assets.” – Parker Pearson (SVP, Acquisitions at Alterra IOS)
Kenai Capital Advisors is a commercial real estate investment sales and capital markets advisory firm based in Littleton, Colorado. Kenai focuses on industrial, office, data center, and retail asset sales and equity capitalization across the Mountain West region. Comprised of industry veterans with over $4.3 billion in transactional volume and 20 million square feet of management experience, Kenai provides strategic, data-driven guidance to help clients maximize investor returns.
Alterra’s industrial real estate platform, Alterra IOS, is dedicated to providing real estate solutions through property acquisition, development, management & leasing for tenants in the heavy industrial & outdoor storage space. Focused on low-building coverage sites with large, stabilized yard space to accommodate an array of uses such as vehicle, material, and equipment storage, Alterra brings an institutional comprehension of the municipal & logistical complexities in securing mission-critical real estate for the often-overlooked sectors of the U.S. industrial landscape. Over the past six years, Alterra IOS has created tenant relationships in the transportation & logistics, vehicle storage, equipment rental, and building materials industries through the acquisition or development of over 400 properties across 37 states as of Q3 2025. The dedicated team of investment, development, construction, and asset management professionals provide tenants the resources to grow and improve their businesses through site selection, development, and/or sale-leaseback transactions.
