Air Freight News

Lovett Industrial completes construction on new best-in-class Broadway Logistics Center in Central Denver

Aug 21, 2024

Lovett Industrial, a Houston-based real estate investment firm, has completed construction on Broadway Logistics Center, a new premier 201,329-square-foot (sf) Class A front-park rear-load industrial building in Denver, Colorado. Located at 6795 Broadway at the corner of W 70th Ave and Broadway, adjacent to Twin Lakes Park, the freestanding building boasts a desirable infill location in Denver’s Central Industrial submarket.

Drew McManus, SIOR, Bryan Fry and Ryan Searle with Cushman & Wakefield in Denver are currently marketing the building for lease. The 201,329-sf building can be leased to a single tenant or multiple tenants with divisibility down to 22,360 sf.

“Broadway Logistics Center adds a new best-in-class building to Denver’s desirable and advantageous Central Industrial submarket that is also conveniently near downtown. The project’s infill location provides occupiers with quick access to Denver’s primary network of interstate freeways and immediate access to Metro Denver’s most robust labor pool,” said Executive Managing Director Drew McManus.

Broadway Logistics Center

“The state-of-the-art building’s design also promotes exceptional tenant flexibility, versatility and divisibility to suit a broad range of user sizes and industry service needs,” continued Senior Director Ryan Searle.

Key features of Broadway Logistics Center include ±2,250 sf of Class A office build-out, a 32-foot clear height, 6-inch reinforced concrete slab, 204 auto parking stalls, 57 dock-high doors, 130- foot truck courts, and 50 trailer parks. In addition to the state-of-the-art clear heights, spacious truck courts, trailer storage, and abundant auto parking.

Broadway Logistics Center is also located in Unincorporated Adams County with low sales tax rates benefiting occupiers of industrial space.

According to Cushman & Wakefield’s latest market reporting, Denver’s North Central submarket, where the project is located, remains among the Metro’s top performing industrial submarkets with vacancy at a healthy 5.2% at midyear 2024. Occupancy growth in the submarket carried its momentum from 2023 with steady growth of over 300,000 sf in the first half of 2024. Leasing activity was also solid at nearly 900,000 sf over the same time period.

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