Industrial Property in Golden Sells and Leases to Two Colorado Companies
A 14,492-square-foot flex industrial property, located at 16360 Table Mtn Parkway in Golden, has sold to Lakewood-based Bespoke Holdings Company. New tenant, Fix-It 24/7 Plumbing, Heating, Air & Electric will relocate its headquarters from Arvada to the facility in Golden and will occupy the entire building.
“We are proud to include this property in our portfolio,” commented CEO & Founder of Bespoke Holdings Company Blair Eklund. “This area of Golden features upscale industrial with incredible lifestyle opportunities for the people who work here. We always seek to ensure our properties are designed to help our tenants’ businesses grow and ensure that the space and the community in which they reside suit their company culture. 16360 Table Mountain is an excellent investment for us and for our tenant, Fix-It 24/7.”
Fix-It 24/7 will utilize the facility for both administrative and vehicle use. Newmark Associate Director Mike Viehmann represented both the buyer and tenant in the transaction. The property is located at the foot of North Table Mountain and in the high-caliber industrial area known as “Coors Tech.” The area is well-suited for companies like Fix-It 24/7, as the proximity to the Interstate and State highways, ease of local traffic flow and large acreages are especially appealing for accessibility.
“Newmark is excited to bring two local companies, Bespoke Holdings Company and Fix-it 24/7, together for an equally opportune venture in a high-caliber industrial area,” stated Viehmann. “Bespoke determined the property to be a great investment in line with their portfolio and Fix-it 24/7 was additionally attracted to the corporate image and abundant quantity of parking the property offers.”
Building features include six drive-in bays; 22-32’ ceilings; industrial-grade electrical power; radiant-heated warehouse and trucking area; five finished offices; a modern, welcome mezzanine with an array of west-facing windows; over three acres of professionally landscaped grounds; abundant parking and mountain views. Building improvements will include four additional
executive offices, along with a conference room that will showcase an oversized garage-door wall to allow for Colorado’s warm climate.
According to Newmark Research, the property is located in the West submarket, which has the lowest vacancy rate in the Denver industrial market and has managed to weather the economic downturn, seeing occupancy increase over the course of 2020.