Broomfield industrial complex acquired for $72M

BROOMFIELD — An 11-building, 512,000-square-foot Broomfield industrial complex near the interchange of U.S. Highway 287 and U.S. Highway 36 has been acquired by a New York investor for $72 million. 

The Commander Industrial Portfolio, as the complex is called, is 100% leased. It features 17 tenants in spaces ranging from 5,000 square feet to 68,000 square feet in size,

The buyer is Lightstone Group, which is based out of New York City. This is Lightstone’s first acquisition in Colorado. The seller, San Diego-based Westcore, had purchased the portfolio for $48 million in 2020.

Lightstone was represented in the transaction by Peter Rotchford,…