Denver – Kenai Capital Advisors (“Kenai”) today announced it represented the seller, Stonemont Financial Group, in the sale of a 9,221-square-foot industrial service facility on 4.75 acres in Commerce City, Colorado to Stockbridge Capital Group. The facility sits within Denver area’s strongest industrial outdoor storage corridors and is 100% leased to a national telecom infrastructure tenant.
The property is located at 8200 E 84th Ave in Commerce City. The site features three 16-by-14-foot drive-in doors, a 2024-built metal-frame building with 20-foot clear height, and a secured, fully fenced and screened outdoor storage yard. The asset supports essential telecom infrastructure operations and is well positioned to serve the greater Denver area. It also benefits from close access to Highway 2, E-470, and Interstate 76, supporting efficient connectivity to Denver’s large population and skilled labor force.
Industrial outdoor storage assets like 8200 E 84th Ave continue to command premium pricing across greater Denver due to limited industrial zoning, constrained new supply, and consistent user demand. Tight vacancy and sustained rent growth reinforce the long-term stability of well-located service sites, a thesis underscored by this trade moving from one institutional IOS owner to another.
“8200 E 84th Ave is exactly the kind of infill industrial service facility institutional capital is competing for, low coverage, a fully secured yard, and 2024 construction in a corridor where new outdoor-storage product effectively can’t be built,” said Garrett Neustrom of Kenai Capital Advisors. “It is exciting to see institutional level capital compete in Denver for well-located and functional product.”
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. For more information, visit www.kenaicap.com
Stonemont Financial Group is a privately held real estate investment and development firm headquartered in Atlanta, Georgia, founded in 2007. The firm manages diversified strategies on behalf of public and private institutions, with a portfolio exceeding $5 billion in assets under management across industrial, net lease, and healthcare real estate. Stonemont operates a vertically integrated platform spanning development, acquisitions, and asset management, including a market-leading industrial outdoor storage and industrial service facility strategy focused on infill, low-coverage assets in select markets nationwide. For more information visit www.stonemontfinancial.com.
Stockbridge Capital Group is a San Francisco-based real estate investment management firm with approximately $37 billion in assets under management (as of March 31, 2026) spanning all major property types, with an emphasis on residential and industrial assets throughout the United States. Investing across the risk spectrum — core, value-add, and opportunistic — on behalf of institutional and private investors, Stockbridge operates a substantial industrial outdoor storage platform across major U.S. markets, including Denver. The firm’s professionals bring more than two decades of real estate experience selecting strategies designed to deliver optimal risk-adjusted returns. For more information, visit, www.stockbridge.com
