Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is pleased to present an opportunity for a joint venture equity investment on behalf SIM & the Porteos Group (“the Sponsor”) for the future horizontal infrastructure development and land parcel disposition of King Ranch (“the Property” or “the Project”).

Strategically positioned within a federally designated Opportunity Zone, King Ranch is a 528-acre fully entitled industrial land site located directly south of the Denver International Airport (DEN), the 3rd busiest U.S. airport with a $47.2 billion annual economic impact. Additionally, the project lies within the Adams County Enterprise Zone and a designated Foreign Trade Zone offer various benefits to future potential tenants. Situated within the City of Aurora’s “Airport District” offers compressed development timelines for entitled industrial assets, ideal for future land parcel dispositions.

The Project offers exceptional highway connectivity to I-70 and E-470 with the future connectivity benefits of Aerotropolis Parkway, which is poised to create significant tenant demand given the direct access to DEN and Denver Metro it will provide. The Property is adjacent to major planned and existing developments, including Microsoft and Vantage data centers, a $1B+ Philip Morris manufacturing facility, and United Airlines’ proposed 1M SF office campus with limited available land site remaining of scale. The site also stands to benefit from immense residential growth with over 85,000 total new housing units completed or at various stages of development in the immediate area.

The Sponsor has the Property under contract for $59.8M ($2.60 PLSF) with an initial equity request of the partnership of $65M to cover the initial 3 years of soft costs. An additional estimated $63.3M may be required to compete the infrastructure development, most of (if not all) of the $63.3M can be subsequently raised and reimbursed through Metro District Bonds.

Most importantly, the SIM Team and Bill Wichterman, with over 30 years of experience, bring proven execution capabilities and deep local relationships in the market. Their successful entitlement and development of the 1,287-acre Porteos project directly adjacent to this site, (projected 8.5x equity multiple) demonstrates a clear roadmap and case study for King Ranch.