DENVER—HFF has arranged equity and construction financing for the development of Central 62 Distribution Center, a 124,600-square-foot, class A, spec industrial warehouse and distribution facility to be located here.

HFF worked on behalf of the developer, Corum Real Estate Group, to arrange the joint venture equity partnership with a pension fund advisor. In addition, HFF secured the construction loan for the partnership through a local bank.

Central 62 Distribution Center will be situated on a 7.57-acre site at the northeast corner of East 62nd Avenue and Interstate 25, the primary north-south interstate running through the western part of the Rocky Mountains. Five miles from Denver's CBD, the center is near the 70th Avenue interchange and provides access to other major freeways, including Interstates 70, 71, 76 and 270. The center is proximate to rail access and is 24 miles from Denver International Airport. Designed by Ware Malcomb architects, the center will consist of a one-story, multi-tenant building with 28' clear heights and 22 dock-high doors. When completed in 2016, Central 62 Distribution Center will be one of the only class A industrial buildings in Denver's northeast submarket.

Continue Reading for Free

Register and gain access to:

  • 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
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.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.