Tenants Embrace United Properties’ Trade@2534 Industrial Development

Trade@2534. Credit: United Properties

United Properties has experienced strong tenant demand at their Trade@2534 industrial development, located at 4201 Ronald Reagan Blvd. in Johnstown, Colorado. The development, the company’s third project in the 2534 master-planned community, is 90% leased with just one 27,000-square-foot vacancy remaining only nine months after its completion.

Trade@2534 offers modern, functional space ranging from 15,000 to 145,008 square feet for companies to grow and thrive within a business-friendly community. The diverse tenant portfolio includes PODS, Radial Engineering and SCP Distributors. Grocery retailer Kroger will be using the building for its e-commerce fresh food distribution center, the first in Colorado, with exclusive use of a five-acre parking lot adjacent to the property to serve the rapidly growing northern Colorado population.

“United Properties is pleased to deliver a best-in-class development, providing both jobs and services to the Johnstown community,” says Mindy Rietz, vice president of industrial development, United Properties. “We are very proud of the positive impact we have had on the local economy by responding to the growing need for Class A industrial space in the region.”

Newmark Executive Managing Director Mike Wafer and Managing Director Mike Wafer, Jr., in partnership with Ryan Schaefer and Joe Palieri with NAI Affinity, represent leasing for the project.

“It has been a rewarding process to support United Properties as they deliver much-needed modern Class A warehouse space to the northern Colorado market,” says Wafer, Jr. “Trade@2534 has attracted and continues to attract significant interest from various high-quality local and new-to-market tenants.”

Located in an area that has grown over 15 percent since 2020, Trade@2534 is a premium site with many of the amenities today’s employees want. The property is strategically located near the intersection of Interstate 25 and U.S. Highway 34, with proximity to a wide variety of retail, dining options, offices, health care, housing and other services.

The project consists of two Class A buildings — Building 1 is a 72,896 square-foot single-load building and Building 2 is a 145,008 square-foot cross-dock facility. The well-designed buildings provide 24 feet and 28 feet clear height and feature energy-efficient, modern designs, TPO 60-mil “Cool Roofs,” ESFR sprinkler systems, and modern truck courts with significant car parking.

Trade@2534 is part of a joint venture partnership between United Properties and PCCP, LLC.

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