AURORA, CO-Newmark Grubb Knight Frank has completed a 55-acre land sale in Aurora, located directly south of the Jackson Gap and Pena Boulevard Interchange at Denver International Airport (DIA). The sale officially kicks off the development of Porteos, a 1,287-acre mixed use development opportunity located on the closest privately-held land to the main terminal and cargo facilities at DIA.

The 55-acre land parcel was sold by ACP DIA 1287 Investors LLC, the legal entity that owns and will develop Porteos. The seller purchased the land in 2006 with the goal of positioning the property for development. Work to date includes annexing the land into the City of Aurora, securing zoning and other entitlements, and working to acquire access to DIA. At full build out, Porteos will include hotel, restaurant, retail, industrial, office, entertainment and other airport-specific commercial uses.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.