CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site.

CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented Hyde Development in the sale to Dollar General and are marketing HighPoint Elevated for lease and sale opportunities with build-to-suit and speculative construction options available.

“We are thrilled that Dollar General has selected HighPoint as its new home. The new Dollar General building will anchor the east side of the HighPoint development and is already generating new leasing activity. The combination of labor, easy access to E-470, and the in-place infrastructure has attracted Dollar General and other users to this unique site,” said Paul Hyde, principal at Hyde Development. Hyde Development ranked as the top commercial real estate developer in Denver last year, developing nearly 1.1 million sq. ft. across the metro area in 2021.

Read the full article on the Mile High CRE website.