The property’s zoning allows for a wide range of industrial and e-commerce uses, including outside yard capability and substantial trailer storage. Situated in the “first ring“ outside of the central Denver core, in the fast-growing inner I-76 corridor northeast of Denver, 104th Commerce Park will be comprised of five industrial and distribution buildings built in two phases, with space available for small-to-large scale tenants. The site boasts excellent highway access and visibility.
“This site provides a new opportunity for industrial infill development, with an accessible location to reduce drive-times for transportation routes in every direction, and at significantly competitive pricing to the Central Submarket,” said Bill Mosher, Senior Managing Director of Trammell Crow Company’s Denver Business Unit.
TCC’s Senior Director Ann Sperling added, “Our goal is to establish a true Class A industrial park for companies looking to locate or expand in the Denver market. The offering of distribution and warehouse space with multiple clear heights, and a mixture of cross dock and front park/rear load product in a large cohesive, park-like setting, offers a first-class opportunity for users seeking quality and value. We can accommodate tenants ranging from 20,000 square feet, up to 290,000 square feet, as well as build-to-suit for lease options.”
The CBRE industrial team of Tyler Carner, Jeremy Ballenger, Jessica Ostermick and Daniel Close will handle the marketing of the site on Trammell Crow Company’s behalf. Murray & Stafford is the general contractor for the project, teaming with architect Ware Malcomb and Langan Engineering.
With this acquisition, Trammell Crow Company continues to invest in Colorado’s Front Range, having developed for 60+ years in industrial, office, residential, healthcare and public-private projects, including nearly $3 billion in projects over the past 10 years.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).
