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Gates Rubber Co. Puts 50-Acre Industrial Tract on Market

DENVER-Developers already are expressing keen interest in a 50-acre industrial site owned by Gates Rubber Co. Gates hopes to find a buyer willing to do a leaseback of up to 400,000 sf of the 2.3 million sf of industrial buildings.

By John Rebchook | Updated on December 14, 2000

DENVER-The Gates Rubber Co. hopes to sell a 50-acre industrial site at South Broadway and Interstate 25, about two miles south of the CBD.

Developers are expressing interest in the site, which contains a dozen buildings that have been built between 1916 and the 1960s, says David Kimberly, who heads Gates’ corporate real estate. The site includes 2.3 million sf of buildings. Gates would like to lease back 200,000 sf to 400,000 sf of the industrial space for its workforce, which mostly is engaged in research and development.

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