By: Molly Armbrister, Denver Business Journal
United Properties Colorado LLC will expand its existing industrial space in Stapleton by 466,000 square feet, bringing its total space in the area to nearly 1.2 million square feet.
A division of Bloomington, Minn.-based United Properties, the Colorado branch of the company broke ground earlier in August, said Mike Wafer, executive managing director at Newmark Grubb Knight Frank, broker for the existing and expanded properties.
United Properties’ Enterprise Business Center is located off Interstate 70 and Havana Street in Stapleton, and the existing space there is 96 percent pre-leased or committed to, Wafer said. New tenants are already expressing interest in the expansion, which is expected to be complete in April.