United Properties sells Denver Warehouse, Enterprise Business Center Bldg 7, for $25.5M ($163psf) to Dream Industrial REIT

7/8/2025

|

Connect CRE

• Subcategory: Industrial: Warehouse

• Tag: Sale

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Newmark Group (Nasdaq: NMRK), United Properties

United Properties sold the Enterprise Business Center Building 7 (EBC 7) for $25.5 million. The 157,942-square-foot industrial property is located at 9420 E. 40th Avenue in Denver. The buyer is Dream US Industrial Fund, an entity of Dream REIT.

Mike Wafer, Tim Richey, Michael Wafer Jr., Mike Viehmann, Jack Richey and Sean Fitzgerald of Newmark represented United Properties, which started development on Enterprise Business Center in 2015 and constructed Building 7 in 2017. The EBC campus is home to major tenants including FedEx, Coca-Cola, Breakthru Beverage, Tire Rack and Aramark.