Lovett Industrial Acquires 15 Acres in Denver for Industrial Development
Houston-based real estate investment firm Lovett Industrial closed on 14.95 acres of land in Denver in early September 2022, and in November, broke ground on Broadway Logistics Center, a 201,329-square-foot Class A front-park rear-load building.
Kelsey-Seybold has 27 area locations, including recently opened clinics in Memorial City and Lake Jackson. The North Channel location was designed by Powers Brown Architecture and built by United Constructors.
"The Denver MSA's population growth shows no signs of slowing. Broadway Logistics Center is uniquely positioned to serve the core of Denver as well as the greater MSA given its infill nature and adjacency to I-25, I-270, and I-76. Development sites for class A industrial in Central Denver are unique and occupier demand is strong," says Ted Hart, senior managing director at Lovett Industrial.
The speculative building will feature a 32’ clear height, 6” reinforced concrete slab, 204 auto parking stalls, 57 dock-high doors, 130’ truck courts, and 50 trailer parks. Broadway Logistics Center is expected to be completed in October 2023.
Marketing and leasing efforts for Broadway Logistics Center will be exclusively handled by Drew McManus, Ryan Searle, and Bryan Fry of Cushman & Wakefield. Texas Capital Bank provides construction financing, Brinkmann Constructors is the general contractor, Powers Brown Architecture is the lead architect, and Kimley-Horn serves as the project’s civil engineer.
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