In December, the Greenwood Village, CO-based developer completed the 203,200-sf, three-building phase one of the 35-acre park at the junction of Beltway 8 and Antoine Drive. T.J. Tarbell, Mountain West's acquisitions and development officer, says the 132,000-sf balance of the first phase should be completely leased in nine months.

"Things are happening faster than we'd expected with this project. The strong leasing activity prompted us to break ground on phase two about three months ahead of schedule," Tarbell tells GlobeSt.com.

Tarbell says the developer is seeking 60 cents per sf to 90 cents per sf triple net for the under-construction buildings. The price varies based on whether it's a front- or rear-load building. "We have a couple of groups on the second phase that have shown some interest in wanting to prelease, but nothing more than preliminary discussions," he says.