Beverage Distributors has leased the space for the long term at ProLogis' Moncrieff Distribution Center in Upland Business Park. ProLogis presently owns or manages approximately one million sf in the industrial park located at Interstate 70 and Chambers Road. Beverage Distributors' new location will serve as one of the company's primary warehouse and regional distribution facilities in the state. Mike Wafer of Grubb & Ellis was the tenant's rep.
"We're pleased that Beverage Distributors has selected ProLogis as a facilities provider, and look forward to a long-term relationship with them," Wayne Barrett, ProLogis vice president and Denver market officer, tells GlobeSt.com. "This agreement represents one of the larger industrial leases in the Denver area over the past year and underscores the improving conditions we're seeing in the market."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
