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Principal Nabs Two Buildings at Denver’s 76 Commerce Center
Buildings 4 and 5 within 76 Commerce Center, a class-A logistics park in Denver’s I-76 corridor, were recently purchased by Principal Real Estate Investors from Mortenson Properties Inc. and Hyde Development. 76 Commerce Center is a 155-acre regional distribution center with one full mile of Interstate 76 frontage and immediate interstate access.
CBRE’s Tyler Carner, Jeremy Ballenger, Jessica Ostermick, Judson Welliver, Sonja Dusil and Bentley Smith represented the sellers.
At full build-out, the project will have four buildings totaling 1.7 million square feet. Located at 22600 and 22700 E. I-76 Frontage Rd. in Brighton, CO, Buildings 4 and 5 total 618,480 square feet and are fully leased. Building 5 was constructed in 2018 and Building 4 was built in 2020. The buildings have class-A features throughout in addition to fenced outside storage, trailer parking and office space.
- ◦Sale/Acquisition
