CBRE has been selected as the exclusive listing agent for the new industrial development SuperBlock, a two-building, 279,394-square-foot property set to deliver in late 2026. Tyler Carner, Jeremy Ballenger, and Keiffer Garton of CBRE will represent Evergreen Devco Inc., the owner, in the sale or lease of this property.
“I’m thrilled about the new SuperBlock development by Evergreen Devco,” said CBRE’s Garton. “This project promises to be best in class and is perfectly designed to meet market needs and drive growth in our community.”
Located at the intersection of 45th Avenue and Telluride Street, the speculative development sits on 16.59 acres in the Airport submarket and is one of the last remaining industrial-zoned sites adjacent to the Peña Boulevard and I-70 interchange. The property will benefit from comparably low taxes due to its below-market mill levy. It will have a 32’ ceiling height, available high-profile building signage, 172 total car parking spaces, 22 trailer parking stalls for Building 1 and 17 trailer parking stalls for Building 2.
“This development is at main & main for industrial users in Colorado,” said Evergreen Devco’s Brian Dietz, its Industrial Development Business Line leader. “Future tenants and owners will benefit from a City of Denver address, Denver Water, and impeccable access to Pena Blvd, I-70, E-470, and Denver International Airport. Furthermore, due to the property’s very low mill levy, the occupants of Superblock will see property tax savings compared to other buildings in the market.”
The property is near the Denver International Airport, many retail centers and restaurant options.
Evergreen started its Industrial Development platform in 2021 with an initial focus on the Denver and Phoenix markets. Since entering the Colorado market in 2007, the company has earned a reputation as an industry leader in the state by becoming one of the largest active developers specializing in retail and multifamily.
Industrial construction activity increased in Q4 2024 in the Denver metro with over 1.6 million sq. ft. of space breaking ground in the Airport submarket, according to CBRE Research. Despite the increase in activity, 55.6% of the space currently under construction has been pre-leased.
