October 18, 2018
Prime Rate
5.25%
2.28%
3.21%
3.23%
Photo of 5150-5160 Fox Street
Transaction Details

$1,430,000 Permanent
Life Insurance Company

Transaction Name
5150-5160 Fox Street
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Transaction Details

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.

Our Solution

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.