Denver – Kenai Capital Advisors ("Kenai") today announced it represented the seller in the sale of a 45,583-square-foot industrial service facility on 2.31 acres in Denver, Colorado to MAG Capital Partners. The facility sits within Denver area's strongest industrial service corridors and is 100% leased as headquarters to a subsidiary of the largest privately held commercial HVAC and mechanical services platform in North America.

The property is located at 3939 Kearney Street in Denver, Colorado. Originally constructed in 1959, the full brick masonry building was comprehensively renovated in 2023 and again in 2026, backed by more than $4.1 million of combined landlord and tenant capital. The 2023 scope delivered new rooftop HVAC, industrial-grade plumbing with Class-A restrooms and breakroom, a new wet-pipe sprinkler system, upgraded electrical service A second phase in 2026, converted and expanded the office component for the tenant’s headquarters functions and added a reinforced 60-mil TPO roof overlay under a 20-year warranty.

The site also offers a fully fenced 0.61-acre secured yard and 57 parking spaces, supporting equipment staging, outdoor storage and fleet operations increasingly difficult to accommodate in infill Denver, with ten dock-high and two drive-in doors serving loading. I-A zoning supports varying industrial/commercial uses, and the central Park Hill location sits minutes from I-70 with easy reach of I-25, I-76, and E-470.

Industrial service assets like 3939 Kearney Street continue to command premium pricing across the greater Denver area, where limited industrial zoning and constrained supply make fully renovated facilities with secured yard space especially scarce.

"Well located functional assets continue to attract strong, well capitalized buyers, like MAG Capital Partners leading to favorable outcomes in the Denver Market." said Garrett Neustrom of Kenai Capital Advisors.

Kenai Capital Advisors is a commercial real estate investment sales and capital markets advisory firm based in Littleton, Colorado. Kenai focuses on industrial, office, data center, retail asset sales and equity capitalization across the Mountain West region. Composed of industry veterans with over $6.0 billion in transactional volume and 27 million square feet of management experience, Kenai provides strategic, data-driven guidance to help clients maximize investor returns. For more information, visit www.kenaicap.com 

MAG Capital Partners is a privately held real estate investment firm headquartered in Dallas, Texas, founded in 2015. MAG Capital Partners operates multiple industrial investment vehicles including targeted portfolio development through joint ventures, retirement qualifying private industrial REITs  and tax simplified industrial funds. The firm targets net leased industrial real estate on behalf of private investors as well as institutional development or investment partners. MAG Capital Partners’ professionals bring decades of real estate experience selecting strategies designed to deliver optimal risk-adjusted returns. For more information, visit https://magcp.com.