TCC Closes Sale of Denver Industrial Asset

The 52,566-square-foot property was purchased by Sierra Pacific Industries.
Crossroads Commerce Park
Crossroads Commerce Park

Denver—Trammell Crow Co. recently announced the sale of a 52,566-square-foot industrial building at Crossroads Commerce Park in Denver to Sierra Pacific Industries.

“We are so pleased to welcome Sierra Pacific as a new owner at Crossroads … They are a best-in-class addition to our park. Adams County is so supportive of new businesses and was instrumental in helping us deliver the building on schedule,” Ann Sperling, senior director with TCC’s Denver office, said in a statement.

Crossroads Commerce Park is a master-planned development of approximately 1 million square feet of Class A industrial space and sits on a 58.8-acre site. The complex encompasses buildings ranging between 17,000 and 376,000 square feet.

The project broke ground last summer and four built-to-suit opportunities are still available at the park, ranging from 17,000 to 60,000 square feet of new construction. Additional spaces from 35,000 to 250,000 square feet also remain available for lease.

The Newmark Grubb Knight Frank team of Mike Wafer, Tim D’Angelo and Mike Wafer Jr. represented TCC in the transaction, also handling the leasing and marketing for Crossroads.

Image courtesy of Crossroads Commerce Park