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Xcel Energy to Build New Facility at HighPoint Elevated in Aurora

Xcel Energy to Build New Facility at HighPoint Elevated in Aurora

November 30, 2022

Xcel Energy has acquired 10 acres at HighPoint Elevated, a 5-million-square-foot industrial park under construction in Aurora, for $2.7 million. Hyde Development and Mortenson, the project’s developers, will partner on the construction of a 40,000-square-foot build-to-suit facility for Xcel with approximately five acres of yard space.

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

“Delivering outstanding customer service is a top priority for our teams. The facility at HighPoint will provide easy access for Xcel Energy to better service our customers in the growing areas of Aurora and further east as well as Denver International Airport. The facility will allow for a faster response time to service calls and will have room to house the equipment needed to grow our operations,” said Robert Kenney, president of Xcel Energy – Colorado.

Read Full Article Here

November 30, 2022

Contact us

Reach out to learn more about HighPoint Industrial.

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Todd Witty

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

Jeremy Ballenger

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

Daniel Close

First Vice President
+720 528 6342
daniel.close@cbre.com

Tyler Carner

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

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