Schuck Communities has sold 170 acres, along with a subsequent lease, for a new 1 million-square-foot build-to-suit distribution location for a national home improvement retailer in Commerce City, Colo. Becknell Industrial acquired the land and will be developing the facility for the retailer.
Cushman & Wakefield brokered all three correlating transactions, consisting of the sale of 158 acres to Becknell Industrial, with Cushman & Wakefield representing the seller, DIA Tech Center, LLC; the sale of 12 acres to Becknell Industrial, with Cushman & Wakefield representing the seller, Schuck DIA, LLC; and the lease of 1 million square feet to the national home improvement retailer, with CBRE’s Jim Bolt and Mike Camp in collaboration with Drew McManus, managing director at Cushman & Wakefield, representing the landlord, Becknell Industrial.
The properties are located within Nexus, a master-planned business park located at Tower Road and East 84th Avenue i
