Logistics Property Launches Denver-Area Project

April 16, 2026

Industrial Denver Development News More West

This campus marks the company’s first development in the market.

Rendering of Eagle 25 Logistics Center, a three-building industrial campus in Thornton, Colo. — Eagle 25 Logistics Center, a three-building industrial campus in Thornton, Colo. *Image courtesy of Logistics Property Co.*

Logistics Property Co. LLC has broken ground on Eagle 25 Logistics Center, a three-building industrial campus, in Thornton, Colo. The park includes a build-to-suit opportunity, as well as adjacent land for future development.

Marking Logistics Property Co.’s entry into the Denver market, the park is strategically positioned at the southeast corner of I-25 and E-470. The development’s projected cost was not disclosed.

The three buildings offer flexible site plans, with building depths ranging from 180 to 240 feet, and 28-foot to 32-foot clear heights. Building 1 will total nearly 175,000 square feet, Building 2 will be 230,000 square feet, and Building 3 will be 202,000 square feet. All three buildings will be constructed to LEED standards and feature up to 6,000 amps of power and clear heights of 28 to 32 feet.

The fourth, build-to-suit building can be as large as 141,960 square feet, and 60 acres of vacant land at the north end of the site can accommodate a build-to-suit development of up to 500,000 square feet.

The project’s general contractor is Alcorn Construction, a Colorado-based firm.

The leasing representatives are T.J. Smith and Nick Rice of Colliers. Eagle 25 Logistics Center is expected to deliver in the second quarter of 2027.

A mile high, but stable

As 2026 began, the Denver metro area’s industrial space market was quite stable, with total vacancy at 8.6 percent, unchanged from the previous quarter and barely up from 12 months prior, according to a first-quarter report from CBRE. Furthermore, both the average asking and achieved rents were only slightly higher than a year earlier.

The North submarket saw the highest negative net absorption in the first quarter, at –85,000 square feet, but it also saw the strongest construction activity, including Eagle 25 and a second, smaller project. Across the whole metro, only 30 percent of new industrial space underway was build-to-suit or preleased, also according to CBRE.

In February, Logistics Property Co. announced a two-phase, five-building, 1.5 million-square-foot campus in Grand Prairie, Texas, in the Dallas–Fort Worth metro. The company plans to break ground on the 109-acre Bear Creek Logistics Park in the second quarter and deliver it in early 2028.