Deer Creek Commerce Center Building 2, a 70,818-square-foot Class A industrial facility located at 10512 W. Toller Drive in Littleton, has sold to Kapuahelani.
Jeremy Ballenger, Tyler Carner and Keiffer Garton of CBRE represented the seller, Confluent Development, in the transaction and advised on the project throughout the lifecycle, helping shape the development strategy, product positioning, leasing execution, and ultimate disposition.
Deer Creek Commerce Center is a two-building, 175,000-sq.-ft., Class A industrial development completed in June 2025. Building 1 was sold to a user in January 2026, and Building 2 was simultaneously fully leased to three industrial users, all of which chose the project due to its location amongst their consumer bases. The project is strategically located in Denver’s highly supply-constrained Southwest submarket, offering visibility along the C-470 corridor with exposure to approximately 64,000 vehicles per day.
“Deer Creek Commerce Center demonstrates the value of thoughtful site selection, disciplined execution and delivering a product that directly addresses the needs of today’s industrial users,” said Cadie Crean, vice president of investments & development at Confluent Development. “From entitlement and construction through leasing and disposition, the project performed exceptionally well and validates our conviction in the Southwest submarket. We are proud to have delivered a high-quality asset that generated strong outcomes for both our tenants and investors.”
Building 2 features 28-foot clear heights, concrete tilt-panel construction, trailer parking and flexible design capable of accommodating a broad range of industrial users. These features distinguish the project within a submarket comprising approximately 7.73 million square feet of industrial inventory, much of which was constructed prior to 1985 and averages approximately 16-foot clear heights.
“With Industrial construction slowing down considerably across the metro area, and it being non-existent in the southwest submarket, Deer Creek Commerce Center offered a rare opportunity for tenants and capital alike and the team was able to capitalize on this,” said CBRE’s Ballenger. “Fully leased assets in supply constrained markets like Deer Creek Commerce Center continue to see strong investor and tenant demand.”
Following the success of Phase I, Confluent Development is currently marketing Lot 3 within Deer Creek Commerce Center as a build-to-suit opportunity, further reinforcing confidence in the submarket and the project’s long-term viability.
