Avison Young completes $2.45 million sale of single-tenant retail property occupied by BioLife Plasma Services in Aurora, Colorado
Los Angeles, CA – Avison Young announces today the $2.45 million sale of a 20,000-square-foot single-tenant property occupied by BioLife Plasma Services located at 13900 East Mississippi Avenue in Aurora, CO. Built in 1987 and situated on just under one-half acre, the property has approximately six years remaining on its absolute triple net lease.
Avison Young Principals Chris Maling and David Maling who are located in the firm’s downtown Los Angeles office and Sam Crowe with Northmarq in Denver, represented the seller, a California -based limited partnership. This transaction marks the Maling Team’s eighteenth transaction with the seller. The buyer was a Denver-based private investor.
“Our team generated multiple offers on this ‘medtail’ asset and achieved the highest price ever paid for a plasma tenant in the greater Aurora market,” said Chris Maling.
The property is located within a high traffic retail center in Aurora. BioLife Plasma Services is a top-tier tenant known for its industry-leading plasma collection services, which are vital for life-saving therapies.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.
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