Brennan Investment Group begins construction on Colorado Logistics Park
Private real estate investment firm Brennan Investment Group has started construction on the Colorado Logistics Park in Commerce City, Colorado on the nearly 61 acres of land bought by it in late 2018 at the intersection of East 112th Avenue & Havana Street, as per the latest construction industry news.
Brennan Investment Group is engaged in acquisition, development, and operations of industrial facilities across the US.
The real estate investment firm will build the Colorado Logistics Park in phases. The development will comprise five buildings, totaling 954,311sft. Brennan Investment Group and New York Life Real Estate Investors, on behalf of an institutional client, created a joint venture for the acquisition, construction, and leasing of the logistics park.
Phase One of the Colorado industrial park will have three Class A industrial buildings totaling nearly 558,000sft.
The modern designs of the buildings will include first-class amenities like up to 36′ clear heights, sufficient automobile parking and loading positions, and enough yard areas for outdoor storage. In the second phase of the Colorado Logistics Park, Brennan Investment Group will build the remaining two buildings totaling 396,311sft.
Rendering of Colorado Logistics Park in Commerce City. Image courtesy of Brennan Investment Group.
Brian Roach – Managing Principal at Brennan Investment Group said: “Colorado Logistics Park will feature Class A distribution buildings for tenants in the Denver area that require close connectivity to their supply chain and access to workforce labor.
“The park’s proximity to the Denvermetro area will provide users with lower transportation costs and faster delivery times to customers.”
For more construction industry news and updates on the Colorado Logistics Park, keep following Business News Today.