DENVER, CO – Trammell Crow Company (TCC) announces construction of its fourth build-to-suit at Crossroads Commerce Park (Crossroads). Stillman Wholesale Meat Company (Stillman) has agreed to purchase a new 60,468+/- square foot industrial facility that will be located along 52nd Avenue just west of Washington Street. This will be the first building on the Denver County side of the Park. Construction starts immediately and is expected to be completed second quarter of 2018.
Stillman Wholesale Meat Company is a privately-held, family-owned distributor of fresh and frozen cuts of beef, chicken, pork, lamb and seafood, and has continuously operated in Denver for 44 years. The Company’s mission is to provide Colorado with fresh, high quality protein at super competitive prices and deliver in an efficient and friendly manner. “Stillman is very excited about this move and is poised for growth in this blossoming economy,” stated President Kay Stillman.
“We are so pleased to welcome Stillman Wholesale Meat Company to Crossroads and to begin construction of their new home,” said Ann Sperling, Senior Director with Trammell Crow Company’s Denver office. “We are constructing a state-of-the-art cooler/freezer building, and providing Stillman significant expansion of their current footprint in this Central submarket.”
Crossroads continues to attract tenants and owner/users, with approximately 857,000 square feet in six buildings built at the Park. Additional space remains available for lease, as well as future phases on the south end of the park offering additional buildings on a build-to-suit basis for users for sale or lease. Most recently, Crossroads has been recognized as the 2017 Infill Project of the Year
by the Urban Land Institute’s Colorado Chapter
, as well as the 2016 Industrial Development of the Year by the Colorado Chapter
of the National Association of Industrial and Office Parks (NAIOP).
Murray & Stafford are the general contractor and Ware Malcomb is the architect for the building. Colorado Business Bank provided financing for the project. The Newmark Grubb Knight Frank team of Mike Wafer, Tim D’Angelo, and Mike Wafer Jr. represented both the buyer and seller as transaction brokers in the transaction and handles the leasing and marketing for Crossroads.
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 more than 2,600 buildings valued at more than $60 billion and over 565 million square feet. As of June 30, 2017, TCC had $5.9 billion of projects in process and $5.9 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. 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 its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBG), 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 2016 revenue). For more information visit www.TrammellCrow.com.
About Stillman Wholesale Meat Company
Stillman Wholesale Meats is a local, family-owned distributor of fresh and frozen cuts of beef, chicken, pork, lamb and seafood. Founded by the late Barry Stillman in 1973 and run by his wife Kay Stillman for the last 23 years, the Company’s goal has never strayed: to provide Colorado with fresh, high quality protein at super competitive prices and deliver in an efficient friendly manner.