Cushman & WakefieldDeveloper StarPoint Properties is nearing completion of Point Central Business Park, a 157,473 square foot speculative industrial project located on 9.5 acres in Denver, Colorado.
Situated at 1051 E. 73 Avenue in the Central Denver submarket, the development is designed to meet the needs of the most sophisticated logistics businesses. Point Central comprises two Class A buildings totaling 74,618 sf and 82,855 sf.
Configured with flexibility in mind, it can accommodate occupier size ranges from 13,000 sq. ft to over 157,000 sq. ft. Each building provides 2,358 sf of high-end spec office space, 2,000A/480V electrical, and 32’ clear heights. The development also boasts 225 parking spaces, 27 dock high truck doors (with the ability for an additional 23 doors) and 8 drive-in doors. The front-park / rear-load design sits near interstates 25, 76 and 270, providing excellent accessibility and proximity to customers across metro Denver and other nearby markets.
Cushman & Wakefield’s industrial brokerage team in Denver led by executive managing director Drew McManus and colleagues Bryan Fry and Ryan Searle, is marketing the leases at the business park development.
Point Central is an exceptional new state-of-the-art industrial development that is ideally situated in Denver’s central industrial submarket and located near downtown.
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“Point Central is an exceptional new state-of-the-art industrial development that is ideally situated in Denver’s central industrial submarket and located near downtown. Focused on connectivity, the project’s infill location provides tenants with immediate access to all of Denver’s primary interstates within minutes and encompasses Metro Denver’s largest labor pool,” says McManus.
“The design of both buildings features great flexibility and divisibility to suit a wide range of tenant sizes and needs. Point Central Business Park is the next premier industrial project in Central Denver,” adds Searle.
Point Central location within the Unincorporated Adams County benefits from low sales tax rates for occupiers of industrial space.
According to Cushman & Wakefield’s latest Q4-2023 industrial market report, Denver’s overall industrial vacancy remained flat in the final quarter of 2023 at 7.0%.
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