-CBRE Arranges Leases for First Three Tenants at 453,600 SF, 3-Building Distribution Center
Denver, Colo. – December 3, 2024 – Rockefeller soi keo bong88, the U.S. real estate developer, owner and operator, announced today that it has secured three leases for a total of 322,000 square feet at 25 Commerce Park in Thornton, Colo. 25 Commerce Park is a three-building, 453,600 square-foot industrial park located at E. 152nd Ave. & Washington St. in Thornton. The three tenants include an international food production company that leased all of Building 3 consisting of 176,000 square feet of distribution space and will use the space for the manufacturing and storage of various food products. Building 2 is also 100 percent leased, by two tenants – an audio-visual equipment supplier taking 121,704 square feet in an expansion in Thornton and a manufacturer of breather technology and filtration products, who is leasing 24,596 square feet. 25 Commerce Park has one building remaining which is 131,250 square feet with frontage on Grant Street.
“Rockefeller soi keo bong88 is pleased to welcome our first tenants to 25 Commerce,” said Matt Bruns, Senior Associate for Rockefeller soi keo bong88. “The project provides the food production company a large manufacturing facility that will help it to expand its presence throughout the country and allows for the two local tenants to expand as well while remaining in the Denver MSA.” 25 Commerce provides quick access to I-25, the NW Parkway and E-470 and is just 17 minutes to Downtown Denver and 20 minutes to Boulder.
Todd Witty and Daniel Close of CBRE represented Rockefeller soi keo bong88 on the leases and are marketing the remaining space at the distribution park. The three deals bring the lease-up to 71 percent prior to construction completion.
“25 Commerce Park project has tremendous leasing momentum as we finalize construction later this year. In today’s leasing environment, it’s almost unheard of to lease over 70 percent of a project before the construction is complete,” said Todd M. Witty Senior Vice President for CBRE. “It’s truly a testament to the quality of the project that Rockefeller soi keo bong88 has constructed and the demand for warehousing in the north metro area.”
25 Commerce soi keo bong88 is located in a Colorado Enterprise Zone (EZ), which is an area designed to promote a business-friendly environment by offering state income tax credits.
“I’m excited to welcome these three tenants to our soi keo bong88 business community at 25 Commerce Park.” said soi keo bong88 Mayor Jan Kulmann. ”Their addition to soi keo bong88 will enhance and create new job opportunities for our residents, providing another excellent place to work right here in soi keo bong88. “
Gibbons-White, Inc.’s Chris Boston and Kegan McNutt represented the food company and originally selected eight different projects and buildings throughout the Denver metro and surrounding areas as potential locations for the company’s manufacturing site. Over time, the search was narrowed down to five locations before 25 Commerce soi keo bong88 was ultimately selected.
“Working with this client was a bit unique as they had specific requirements with regards to clear height, power, water, and other factors as well as significant geographical flexibility,” said Boston, Vice President, Brokerage for Gibbons-White. “From very early in the process, the City of Thornton was phenomenal to work with and assisted us with any questions or issues that that they client had as it related to city issues. As negotiations progressed, it became clear that the partnership of Rockefeller soi keo bong88, our client and the City of Thornton was the right one and we are looking forward to this long-term relationship.”
Grey Wolf designed the project and Golden Triangle Construction is the general contractor.
About Rockefeller soi keo bong88:
Rockefeller soi keo bong88 develops, owns, and operates extraordinary properties across the United States. For nearly a century, the company has delivered exceptional experiences and value creation through dedication to quality in the built environment. The company’s portfolio spans the development of office, multifamily, industrial and mixed-use projects across six geographic regions as well as significant ownership interest in and management of approximately six million square feet of world-class office space in Manhattan. VisitRockefellerGroup.com.
About CBRE soi keo bong88, Inc.
CBRE soi keo bong88, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website atwww.cbre.com.