20 CONSTITUTION DRIVE
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Location
20 CONSTITUTION DRIVE
Mblu
19/ / 1/ 0/
Acct#
88000151
Owner
AREIT CONSTITUTION DRIVE LC LLC
Assessment
$8,162,500
PID
1275
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$6,180,800$1,981,700$8,162,500

Owner of Record
OwnerAREIT CONSTITUTION DRIVE LC LLC
Co-OwnerC/O ARES INDUSTRIAL MANAGEMENT
Address1200 17TH STREET #2900
DENVER, CO 80202
Sale Price$21,900,000
Certificate
Book & Page 29366/33
Sale Date05/29/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AREIT CONSTITUTION DRIVE LC LLC$21,900,000 29366/330005/29/2025
MCP III CONSTITUTION LLC$2,800,000 26992/291O05/06/2021
20 CONSTITUTION DRIVE LLC$1,548,750 22262/1071B05/04/2015
TAUNTON NINE OWNER, LLC$2,000,000 22047/651G12/22/2014
GEN DYN C4 SYST INC/BARBARA GINIVAN$1 11758/1571B03/14/2003

Building Information
Building 1 : Section 1
Year Built: 2022
Living Area: 91,674
Replacement Cost: $6,180,658
Building Percent Good: 98
Replacement Cost
Less Depreciation:

$6,057,000
Building Attributes
FieldDescription
Style:Warehouse
ModelComm/Ind
GradeAbove Ave
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minimum
Interior Wall 2 
Interior Floor 1Concrete Slab
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCOMM WHS M96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeREINF. CONCR
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height30.00
Common Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 88,106 88,106
AOFOffice 3,568 3,568
   91,674 91,674

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code316I
DescriptionCOMM WHS M96  
Zone3.68
Neighborhood8000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.02
Frontage
Depth
Assessed Value$1,981,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  75600.00 S.F.$113,4001
LT9HGH PRE-SOD PL  2.00 UNITS$1,4001
LT10W/DOUBLE LIGHT  5.00 UNITS$5,3001
LT12W/FOUR LIGHTS  2.00 UNITS$3,7001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$6,180,800$1,981,700$8,162,500
2025$6,242,700$1,981,700$8,224,400
2024$5,897,200$1,981,700$7,878,900

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