TCC & PREI Sign First Full Building Lease with ATD at Crossroads Commerce Park

Based in Huntersville, North Carolina, American Tire Distributors (ATD) has been servicing the Denver market for eight years. As the first full-building tenant at Crossroads, ATD sees this convenient location, with its accessibility to the I-25 and I-70 interstates, as an opportunity to expand its service level to retail customers in and around the Denver marketplace. The new 127,000-square-foot building at Crossroads represents a relocation and expansion for ATD, which is currently located at 58th Avenue and Washington Street in Denver. The company is one of the largest independent suppliers of replacement tires in North America, with more than 140 distribution centers across the U.S. and Canada. 

"ATD constantly strives to provide its customers with unsurpassed service and product availability," said Ron Sinclair, ATD's Senior VP of Marketing. "This new distribution center with prime interstate access will further enhance our service and support to our customers in the Denver area."

Ann Sperling, Senior Director of TCC said, “We are thrilled to welcome ATD to Crossroads Commerce Park and appreciate their confidence and commitment to our industrial project. It is very exciting to have a full building lease completed within weeks of our official groundbreaking. ATD’s tenancy underscores the compelling central location, ease of access to key interstate highways, and the convenience to customers which the site represents. We value the fact that they chose our site to complete their Denver expansion and consolidation of regional operations.”

Crossroads Commerce Park is a modern, master-planned development of nearly 1 million square feet of Class A industrial space in multiple buildings. The flexible site plan at Crossroads provides for building sizes from 17,000-to-376,000 square feet with cross dock, front park/front load and front park/rear load designs. TCC and PREI purchased the 36 acres adjacent to this parcel in July and commenced construction on three speculative industrial buildings equaling 640,000 square feet at Crossroads. Empire Staple Company plans to occupy a build-to-suit facility on 4 acres at the northwest corner of the park in 2016. Future phases will include individual buildings on a build-to-suit basis for users for sale or lease.  Murray & Stafford is the general contractor, and Ware Malcomb is the architect for this new 127,000-square-foot building to be fully occupied by ATD, and for the rest of the project.

The Newmark Grubb Knight Frank team of Mike Wafer and Tim D’Angelo represented Trammell Crow Company in the transaction. Josh Allred, from Jackson Cooksey, represented American Tire Distributors.