Cushman & Wakefield’s National Industrial Advisory Group is pleased to present an exclusive opportunity to acquire Ascent Commerce Center (“the Project” or “the Property”). The project includes three timeless industrial buildings with a total area of 594,400 SF ideally located in the Airport submarket, Denver’s largest critical mass of warehouse and distribution facilities. Currently 51.6% leased to four tenants and situated in the largest submarket in the region, the Property presents an exceptional value-creation opportunity through the lease-up of the remaining space.

Ascent Commerce Center’s premier location is defined by its excellent access to major freeways I-70, I-225, E-470, which makes it very easy to access to entire Denver Metro. Furthermore, the Portfolio is just west of the Denver International Airport (America’s third busiest airport) and north of the Denver Tech Center (a hub for local, national, and international businesses, especially in the technology space). In the last 18 months, users such as Microsoft, McLane Foods, Haeier - GE Appliance, Amazon, FedEx, UPS, Kroger, Pepsi, Coca-Cola and Panasonic have located distribution sites in the DIA submarket. These connectivity advantages coupled with the exceptional surrounding workforce demographics make for a winning combination.

Ascent Commerce Center offers a remarkable chance for investors to acquire a unique collection of three institutional owned and managed industrial properties, at below replacement cost.

The Properties boast weighted average lease term of 8.1 years remaining. The Property benefits from a staggered lease expiration strategy, which opens up opportunities for increasing net operating income through annual rent hikes and advantageous market rent renewals. Additionally, the Property’s location in one of the nation’s highest-performing markets further enhances its investment appeal.