A screengrab from Interpark's website shows the Swisslog offices at 11325 Main St. in Broomfield.

Interpark industrial buildings in Broomfield fetch nearly $48M

BROOMFIELD — A pair of Broomfield industrial buildings that combine to total more than 240,000 square feet recently changed hands for nearly $48 million, according to Broomfield county property records filed Feb. 6.

The property, known as Interpark, was sold by Interpark Broomfield LLC, a development group led by United Properties Development LLC and Denver-based Brue Baukol Capital Partners, to private equity real estate investor Stockbridge Capital Group LLC, based in San Francisco. Stockbridge acquired the property through SCG Interpark Industrial Center LLC.

Interpark is made up of 11325 Main St., a 133,122-square-foot building that’s home to Swisslog Healthcare, and 11380 Reed Way, which houses MKS Instruments Inc. as an anchor tenant. The properties are located at the intersection of West 112th Avenue and Main Street, just east of U.S. Highway 36.

Brue Baukol co-founder Chad Brue, who could not be reached for comment Monday afternoon, announced the deal last week on his LinkedIn page. 

Brue thanked CBRE brokers Jeremy Ballenger, Tyler Carner, Jim Bolt, and Jessica Ostermick for representing the owners on the sale, and CBRE’s Jeremy Kroner and Frank Kelley for leasing the property. 

“Our investors received a 23.7 [percent internal rate of return] and a 1.77x Equity Multiple — once again beating our pro forma targeted returns,” he wrote.

BROOMFIELD — A pair of Broomfield industrial buildings that combine to total more than 240,000 square feet recently changed hands for nearly $48 million, according to Broomfield county property records filed Feb. 6.

The property, known as Interpark, was sold by Interpark Broomfield LLC, a development group led by United Properties Development LLC and Denver-based Brue Baukol Capital Partners, to private equity real estate investor Stockbridge Capital Group LLC, based in San Francisco. Stockbridge acquired the property through SCG Interpark Industrial Center LLC.

Interpark is made up of 11325 Main St., a 133,122-square-foot building that’s home to Swisslog Healthcare, and 11380 Reed Way, which houses MKS Instruments Inc. as an anchor tenant. The properties are located at the intersection of West 112th Avenue and Main Street, just east of U.S. Highway 36.

Brue Baukol co-founder Chad Brue, who could not be reached for comment Monday afternoon, announced the deal last week on his LinkedIn page. 

Brue thanked CBRE brokers Jeremy Ballenger, Tyler Carner, Jim Bolt, and Jessica Ostermick for representing the owners on the sale, and CBRE’s Jeremy Kroner and Frank Kelley for leasing the property. 

“Our investors received a 23.7 [percent internal rate of return] and a 1.77x Equity Multiple — once again beating our pro forma targeted returns,” he wrote.