DENVER, CO – April 18, 2024 – LaPour has acquired 6.34 acres (276,108 square feet) to develop Creekside Centennial Tech Center (CCTC). The planned shallow bay, light industrial, multitenant project will be located in the Southeast Denver submarket north of Centennial Airport in Centennial, Colorado.
LaPour will break ground on the project in June 2024 with an estimated completion of April 2025.
The 63,207 SF, single building project boasts 24-foot clear heights, 16 dock doors, 8 drive-in doors, 2,500 amps of power, and a generous parking ratio of 3 per 1,000 SF. The modern design of CCTC aims to redefine industrial space in the region, setting a new benchmark, and outclassing older competing projects in its vicinity. The project can serve users from under 10,000 SF in size up to the full building, catering to a large yet underserved user category. Current vacancy for functional properties in the Southeast submarket with the ability to demise tenant suites under 15,000 square feet is approximately 2.5%.
The project’s location is strategically connected to major transportation arteries, including I-25, E470, and SH 83 via Arapahoe Rd and is surrounded by a rich variety of restaurants, lifestyle amenities, retail outlets and walkable trails.
Situated just north of Arapahoe Road in the Southeast Denver submarket, Creekside Centennial Tech Center will be a welcome modernization of shallow bay industrial development in the area. Jeff LaPour, CEO at LaPour Partners, said, further stating, “CCTC will offer an upscale identity in a prime location to the significantly underserved market of small bay users looking for less than 10,000 SF. The project is designed with a focus on modern, functional and image-conscious space.”
Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, brokered the off-market purchase, with Stream Denver’s Executive Managing Director Tyler Reed, Managing Director Peter Beugg, Executive Vice President Dominic Diorio, and Senior Associate Buzz Miller representing LaPour.
“We are excited to be working with the LaPour team on another innovative industrial project here in Denver, for the most underserved—and arguably the largest—tenant segment in mind,” said DiOrio. “Creekside’s small-bay design will provide tenants with Class A space and building features that do not exist for that user in Southeast Denver, or virtually anywhere in the metro area.”
For two decades, LaPour Partners has committed to unveiling dynamic real estate investment opportunities, focusing on early-stage market ventures and standout transactions. The company thrives on tackling projects with situational complexity, deploying in-house expertise, and harnessing their expansive network to devise innovative solutions. With a proven track record spanning Arizona, Colorado, and Nevada, LaPour will continue its legacy of delivering best-in-class real estate with Creekside Centennial Tech Center.
For more information on the Creekside Centennial Tech Center, please call LaPour at 702.222.3022.
About LaPour Partners
LaPour is an award-winning real estate development firm, active in the Southwestern U.S. markets. The firm is focused on unique opportunities in industrial, office, and hospitality development. LaPour has delivered over 7M square feet of space that is creatively progressive, and customer-focused. LaPour has a relentless focus to ensure its products and services are of the highest standard appropriate for the marketplace.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin, TX; Boca Raton, FL; Charleston, SC; Charlotte, NC; Chicago; Colorado Springs, CO; Dallas; Denver; Fort Lauderdale, FL; Fort Worth, TX; Greenville, SC; Houston; the Inland Empire; Irvine, CA; Los Angeles; Miami; Nashville, TN; Orange County, CA; Phoenix; Raleigh-Durham, NC; Reston, VA; San Antonio; Tampa, FL; Tysons; Washington, D.C.; and South Florida. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
