Parc Santa Fe industrial development is underway in Littleton

August 27 < 1

Jackson-Shaw, a national real estate development company, and LaPour Partners, a regional real estate company, have partnered to break ground on Parc Santa Fe, a 345,126-square-foot, three-building urban industrial development in Littleton.

Situated on 22 acres, Parc Santa Fe fronts South Santa Fe Drive/U.S. 85, providing tenants direct access to C- 470, which connects to major north-south thoroughfares.

“Parc Santa Fe will be the first industrial product within this submarket in over two decades,” said Michele Wheeler, president and chief operating officer of JacksonShaw. “We are thrilled for this unique opportunity and excited to expand our firm’s presence to the Denver area.”

Slated for completion in second-quarter 2019, Parc Santa Fe includes three buildings, an 85,903-sf Building A, 169,590-sf Building B and 89,633-sf Building C. Each building offers modern facility features, including 24-foot and 28-foot clear heights, dock-high and grade-level loading, ESFR sprinklers, and secured outside storage.

“Parc Santa Fe is located within the highly desired southwest submarket,” said Jeff LaPour, founder and president of LaPour. “Vacancy rates in the submarket are less than 3 percent today, due to lack of available land to build. Companies seeking upgrades or expansions into new, state-of-the-art product finally have an option. Preliminary interest has been strong.”

Stream Realty Partners has been selected to lease and manage the project. Contact Peter BeuggDominic DiOrioTyler Reed or John Torp for more information on Parc Santa Fe.

By: Kris Oppermann Stern
SOURCE: Colorado Real Estate Journal

Published in the August issue of Development, Design & Construction of CREJ.