TriGate Capital and Brennan Investment Group Complete Sale of Industrial Property in Denver, Colorado
DALLAS, TEXAS – March 13, 2025 – TriGate Capital, in partnership with Brennan Investment Group, has completed the sale of a 140,196-square-foot industrial facility located at 3900 Uvalda Street in Denver, Colorado. The transaction marks the successful exit of a sale-leaseback investment originally acquired from BlueLinx Holdings, Inc. in August 2020.
Situated on 15.7 acres at the southwest corner of Interstate 70 and Interstate 225, the property benefits from exceptional highway visibility and rail access via two dedicated spurs. During its hold period, the property produced consistent cash flow and was leased to a single tenant at a below-market rent, supporting a stable and attractive income profile.
TriGate and Brennan Investment Group acquired the asset at a favorable basis as part of a sale-leaseback transaction, aligning with TriGate’s strategy of investing in well-located industrial assets with strong tenant fundamentals. The sale represents a successful realization of the business plan and demonstrates the firm’s ability to identify value in logistics-oriented real estate.
“This transaction exemplifies our approach to generating value through disciplined acquisitions and strategic partnerships,” said Jason Obenhaus, Executive Managing Director at TriGate Capital. “We were pleased to work alongside Brennan Investment Group and execute on a plan that delivered strong risk-adjusted returns.”