Brighton Industrial Park Secures New Tenants
California-based Farmers Business Network, a global Agtech company focused on helping family farmers maximize their farm’s profit potential, has signed on to occupy a 128,831-square-foot space at Building 4 of 76 Commerce Center – the 1.7-million-square-foot, Class A industrial park in Brighton. The company will join Outrider Technologies, Inc. that also signed a lease at Building 4 last quarter, bringing the building to 80 percent occupancy within 60 days of completion.
The 76 Commerce Center development is a joint venture between Hyde Development and Mortenson. Newmark Senior Managing Director Tim D’Angelo, SIOR; Executive Managing Director Mike Wafer, Sr., SIOR and Associate Director Mike Wafer, Jr., are the exclusive marketing and leasing representatives of 76 Commerce Center and represented Hyde and Mortenson in the lease transactions. There is currently 70,727 square feet remaining available for lease in Building 4.
As a direct result of this successful leasing, Building 3 of 76 Commerce Center is under construction and will measure 526,400 square feet. This new state-of-the-art facility is set to deliver in the summer of 2021, is of cross dock design with significant trailer parking and will be divisible for between one and four tenants.
“Tenants continue to be attracted to the development’s location and outstanding design,” said Wafer, Sr. “The completion of Building 3 at 76 Commerce Center will bring the total square footage of delivered state-of-the-art logistics space to 1.150 million square feet in the past two and a half years.”
“We are thrilled with the addition of Outrider and Farmer’s Business Network to 76 Commerce Center. Both Outrider and FBN are companies that are leading our economy into the 21 st Century. This is something we value as we develop 76 Commerce Center into a 21 st Century industrial park, sensitive to its place in the environment, and rich in amenities,” said Paul Hyde,
president of Hyde Development.
The 76 Commerce Center development is a first class, ultra-modern industrial business center with immediate access to Interstate 76 and includes a variety of building types from bulk warehouse to office/warehouse and light manufacturing, with flexible building size options and state-of-the-art building features. It showcases features including clear heights of 32’ – 36’, 60 mil TPO “cool roofs,” ESFR sprinklers, and significant auto and trailer parking, combined with direct access to I-76 and a mile of frontage. Located in an enterprise and foreign trade zones, 76 Commerce Center also offers quick permitting with PUD zoning in place.