INDIANAPOLIS, May 02, 2018 (GLOBE NEWSWIRE) -- Becknell Industrial announced today the purchase of a 39.8-acre site in Nexus at DIA in Commerce City, Colorado.  The site is strategically located at Quintero Road and East 81st Avenue, which is immediately adjacent to the Denver International Airport.  Becknell purchased the parcel from DIA Tech Center, a joint venture project between Schuck Communities, LLC. and CH Thompson Company, LLC.

“We are proud that Becknell, the highly successful and highly respected developer of quality industrial buildings, has selected Nexus at DIA for this project.  Commerce City elected officials and staff have really done an excellent job in helping us attract this quality development and the new jobs it will create," said Steve Schuck of Schuck Communities.

Scheduled for completion in January 2019, the cross-docked facility will feature 36' clear height, up to 114 dock doors, four drive-in doors and 216 auto parking spaces.  In addition, the property will be fully fenced, include 50' x 52' column spacing with 60' loading bays, ESFR sprinkler system and LED lighting. 

“Commerce City is committed to making the city a location of choice for business development. It’s always exciting to see new developments break ground in the city and contribute to our economic growth. The city continues to invest in and welcome new economic opportunities to strive toward the city’s vision of creating a 'Quality Community for a Lifetime,'” said Commerce City Mayor Sean Ford.

On the site, Becknell has begun construction of a 540,800 square-foot build-to-suit industrial facility for one of the largest appliance suppliers in the United Sates that will occupy 65 percent of the building.  Brent Woodruff, with the assistance of Jim Bolt and Mike Camp, all of CBRE, represented the tenant in this transaction and Drew McManus from Cushman and Wakefield represented DIA Tech Center, LLC in the land sale and is the broker for the remaining Nexus at DIA sites.  Jim Bolt and Mike Camp will be handling the leasing of the remaining 189,280 square feet of vacancy in the building.

“Building upon our success in the development of the Best Buy build-to-suit in nearby Aurora, we were able to draw the attention of local brokers and were provided the opportunity to bid on this build-to-suit,” said Pete Anderson, Executive Vice President – Investments for Becknell.  “We are actively seeking more opportunities to expand our presence in the Denver area.”

About Becknell Industrial
Becknell Industrial specializes in the development, investment and management of industrial properties across the United States. The company currently owns interests in 158 properties totaling nearly 21 million square feet.  Vertically integrated, Becknell is responsible for every aspect of the project providing the decision-making authority and expertise to meet client expectations for a high-performance facility delivered on time and on budget.  More information about Becknell is available at www.becknellindustrial.com.

Contact Information:
Pete Anderson
Becknell Industrial
317.669.6013
panderson@becknellindustrial.com

Shona L. Bedwell
Becknell Industrial
317.669.6005
sbedwell@becknellindustrial.com