Matterhorn Venture Partners Expands Presence in Denver Through Acquisition of Prime Industrial Property

Matterhorn Venture Partners Enters the Denver Market

Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has officially set its sights on the Denver market following its recent acquisition of an industrial outdoor storage (IOS) property at 5081–5099 S. Rio Grande Street in Littleton, Colorado. This strategic move not only expands MVP's geographical reach but also reinforces its focus on high-quality infill industrial locations. The newly acquired property spans 2.31 acres, featuring 15,000 square feet of building area, and is situated within a highly desirable submarket known for its tight real estate conditions.

This acquisition is particularly noteworthy as it coincides with a fully committed 10-year NNN (triple net) lease agreement with a reputable national equipment rental firm. According to Matt Kay, Principal and Co-Founder of MVP, this partnership greatly enhances the property’s overall stability and long-term value. "We're excited to enter the Denver market with a high-quality facility for a best-in-class national tenant," he stated.

The location of the property plays a crucial role in its attractiveness. Nestled at a heavily trafficked intersection of South Santa Fe Drive and West Belleview Avenue, it boasts rare outdoor storage entitlements alongside robust regional connectivity. The Southwest Denver submarket, where Littleton is located, has historically maintained a sub-3% vacancy rate for much of the past twenty years, underscoring its status as one of the most land-constrained industrial corridors in the metro area.

MVP's acquisition is not just about acquiring land; it's also about fostering long-term relationships and adapting properties to meet tenant needs. The national equipment rental company will implement operational customizations to better fit their requirements within the facility. Furthermore, the lease agreement is structured with several renewal options and includes a one-time fixed purchase clause, showcasing the flexibility and potential for growth for both MVP and its tenant.

Matt Kay emphasized the significance of this acquisition within the broader context of the Denver real estate market, saying, "Southwest Denver remains one of the most supply-constrained submarkets in the region, with very little land available for new industrial development and extremely limited IOS inventory. Securing a high-caliber national operator on a long-term NNN structure reinforces our thesis around durable cash flow and the long-term value of infill IOS assets."

This acquisition marks MVP’s eleventh transaction and its inaugural venture into the Denver market, thus highlighting the firm's continued aggressive expansion into prime industrial locations across the United States. Since its establishment in 2024, MVP has successfully completed over $100 million in deal capitalization, encompassing multiple states and totaling more than 450,000 square feet of industrial space.

MVP's strategy focuses on co-investing alongside private and institutional partners to maximize value through targeted capital enhancements and proactive asset management. The firm’s entry into the Denver market signals a promising future as it continues to identify and acquire properties in competitive and high-demand areas. As the demand for industrial spaces grows, MVP is poised to play a significant role in shaping the landscape of industrial real estate investments.

For more details about Matterhorn Venture Partners and its recent projects, please visit their official website at www.matterhornvp.com.