Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, has acquired approximately 37 acres at the southeast corner of East 128th and Interstate 25 in Thornton. Brennan will develop four Class-A distribution facilities totaling approximately 415,000 square feet as “Phase II” of Brennan’s current, adjacent project.
The design features first-class amenities that exceed market standards including 28′ clear height, ESFR sprinkler system, and abundant automobile parking. The rear load design, with building depths of 160′ to 200,’ can accommodate multi-tenant occupancy, with divisibility as small as 16,000 square feet.
“The mix of building dimensions provides flexibility and can accommodate a wide range of tenant demand sizes in the North I-25 Submarket,” explained John Torp, vice-president in Brennan’s Mountain West Region. “Additionally, the site’s location provides outstanding visibility and identity along Interstate 25.”
“The North Submarket continues to see strong expansion due to its proximity to the core areas of Denver. Additionally, Thornton efficiently services Colorado suburbs like Boulder and Longmont to the northwest and Fort Collins and Greeley to the north,” said Brian Roach, managing principal of Brennan’s Mountain West Region.
“Brennan allocates its capital to areas where strong demographic trends will continue for years to come,” observed Scott McKibben, Brennan’s CIO and co-founder. “These powerful demographic forces make Denver a sound bet for both the near and long term.”
