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Front Range industrial revolution: Big warehouse projects sprouting across Denver and beyond

Front Range industrial revolution: Big warehouse projects sprouting across Denver and beyond

February 21, 2020

Paul Hyde came down from his native Minnesota to break ground on his first industrial park along Colorado’s Front Range in the spring of 2018.

So far, one cross-dock building has been completed at 76 Commerce Center, the 122-acre park in Brighton. It’s fully leased with tenants including Walmart. Another building, checking in at 352,000 square feet, is underway and a more than 500,000 square-foot sibling is due to break ground next month.

The park, a joint venture between Hyde’s company Hyde Development and construction giant M.A. Mortenson Co., has a ways to go before hitting its target buildout of 1.8 million square feet of top-of-the-line warehouse and logistics space, but those partners aren’t necessarily biding their time.

Hyde and Mortenson closed last month on a 125-acre property near the E-470 and East 64th Avenue interchange in Aurora. There, they plan to build another 2.2 million square feet of industrial real estate.

Read more at The Denver Post

February 21, 2020

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Todd Witty, SIOR

Senior Vice President
+1 720 528 6339
todd.witty@cbre.com

Jeremy Ballenger

Executive Vice President
+1 303 264 1902
jeremy.ballenger@cbre.com

Daniel Close, SIOR

Senior Vice President
+1 303-946-3285
daniel.close@cbre.com

Tyler Carner

Executive Vice President
+1 720 624 1903
tyler.carner@cbre.com