{"id":1004664773,"date":"2023-05-25T04:04:33","date_gmt":"2023-05-25T12:04:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004664773"},"modified":"2023-05-25T05:10:07","modified_gmt":"2023-05-25T13:10:07","slug":"lapour-partners-to-develop-denver-area-industrial-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lapour-partners-to-develop-denver-area-industrial-park\/","title":{"rendered":"LaPour Partners to Develop Denver-Area Industrial Park"},"content":{"rendered":"<div id=\"attachment_1004664775\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004664775\" data-attachment-id=\"1004664775\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lapour-partners-to-develop-denver-area-industrial-park\/closer-aerial-rendering-green-5-2023-arista\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"closer aerial rendering.green.5.2023.arista\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Arista 36 aerial rendering. Image by Norris Design courtesy of Stream Realty Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg?w=800\" class=\"size-medium wp-image-1004664775\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg?w=300\" alt=\"Arista 36 rendering\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/closer-aerial-rendering.green_.5.2023.arista.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004664775\" class=\"wp-caption-text\">Arista 36 aerial rendering. <em>Image by Norris Design, courtesy of Stream Realty Partners<\/em><\/p><\/div>\n<p><strong>LaPour Partners <\/strong>is one step closer to starting construction on Arista 36, a 359,800-square-foot industrial park in Broomfield, Colo. The developer has received the City Council&#8217;s approval for the development of the three-building project located on a 29.2-acre lot in the Northwest submarket. Groundbreaking is set for September of this year, with completion anticipated in 2025.<\/p>\n<p>Arista 36 will come online at 11210-11250 Wadsworth Parkway. The three facilities, ranging from 75,600 to 150,000 square feet, will feature 28-foot clear heights and a total of 104 dock-high doors and 12 drive-in doors. Amenities will include 48 electric vehicle charging stations, bike racks, walking and biking trails and two community gathering areas with seating.<\/p>\n<hr \/>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/how-debt-costs-corporate-maturities-impact-industrial-demand\/\">How Debt Costs Will Affect Industrial Demand This Year<\/a><\/p>\n<hr \/>\n<p>All buildings will cater to different uses such as manufacturing, distribution, life sciences, research and development and assembly. A 185-foot truck court will be shared between Building One and Building Two.\u00a0<strong>Stream Realty Partners<\/strong>\u2019 Tyler Reed, executive managing director, Peter Beugg, managing director, Dominic DiOrio, executive vice president, and Buzz Miller, senior associate, will serve as Arista 36\u2019s leasing brokers.<\/p>\n<p>Interstate 25 and the Northwest Parkway connect Arista 36 to major transportation routes leading to Denver and the Denver International Airport. The Rocky Mountain Metropolitan Airport is less than 3 miles away, while the nearby RTD Broomfield Station offers easy commuting. Brands including Google, Honeywell, Ball Corp., Lockheed Martin, Cisco, Century Link and Oracle are in proximity to the property.<\/p>\n<h2>A glimpse into the Denver industrial scene<\/h2>\n<p>Some 12.7 million square feet of industrial space were under construction in metro Denver at the end of March, representing 5.1 percent of total stock, according to a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-sector-fundamentals-remain-solid\/\">CommercialEdge report<\/a>. However, the metro&#8217;s vacancy rate of 7.2 percent was nearly double the one recorded on a national level (3.9 percent).<\/p>\n<p>One of the current developments will total 1.2 million square feet at full build-out. Trammell Crow and Clarion Partners completed the <a href=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-clarion-finish-phase-1-of-metro-denver-industrial-park\/\">571,000-square-foot first phase<\/a> of the Commerce City, Colo., project in March.<\/p>\n<p>In Denver\u2019s North Central submarket an industrial asset recently traded for $39.6 million. At the time of the project&#8217;s completion it <a href=\"https:\/\/www.commercialsearch.com\/news\/everwest-pays-40m-for-denver-industrial-asset\/\" target=\"_blank\" rel=\"noopener\">beat the record<\/a> for the fastest lease-up of a speculative development in Central Denver.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completion is expected in early 2025.<\/p>\n","protected":false},"author":3006,"featured_media":1004664775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21782,21748,21742,15],"tags":[33358],"class_list":["post-1004664773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-development","category-industrial","category-latest","category-west","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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