Life Insurance Company
5150-5160 Fox Street is a two-tenant industrial building located in Denver, CO. The building was constructed in 1979 and consists of 23,100 square feet with 0.60 acres of yard storage, which is a valuable amenity in Denver’s central industrial market.
Essex arranged $1,430,000 in acquisition financing to acquire 5150-5160 Fox Street and hold the property long-term in accordance with the borrower’s business plan. The 10-year, non-recourse loan has a competitive fixed rate and was placed with one of Essex’s exclusive life insurance company relationships.