Cushman & Wakefield Brokers Sale of 170 Acres plus Lease for 1MSF Build-to-Suit for Home Improvement Retailer in Commerce City, CO. | 2021-01-12

COMMERCE CITY, Colo., January 12, 2021 – Cushman & Wakefield announced today the firm has brokered the sale of two land sites totaling 170 acres on behalf of Schuck Communities along with a subsequent lease for a brand new 1-million-square-foot build-to-suit distribution location for a national home improvement retailer in Commerce City (Denver), Colorado. Becknell Industrial acquired the land and will be developing the facility for the retailer.

The property(s) is located within Nexus at DIA and Nexus North, a master-planned business park located at Tower Rd and East 84th Ave in the eastern Denver suburb. Schuck Communities, a privately held regional real estate company based in Colorado, is the owner of Nexus at DIA and has sold over 400 acres over the past three years in the Nexus at DIA and Nexus North park areas.  

The team of Drew McManus, Bryan Fry and Ryan Searle of Cushman & Wakefield Denver handled 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

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