Trammell Crow Company and Clarion Partners Announce Purchase of 89+ Acres to Build Class A Industrial Park in Metro Denver
December 22, 2020
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.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.