DENVER – Confluent Development, a Denver-based real estate investment and development firm, has teamed up with Bradbury Properties to deliver three new buildings in metro Denver’s emerging industrial hub, Highfield Business Park. CBRE is serving as the projects’ leasing broker, establishing a strong record within the business park after fully leasing the latest development within 12 months of breaking ground.
Highfield Business Park is located southeast of Centennial Airport, near the intersection of E-470 and Peoria Street, and surrounded by strong demographic trends. Recognized as a prime location for industrial use in metro Denver, the business park offers access to I-25 and E-470 as well as Southeast Light Rail.
“We are honored to partner with a firm of Bradbury Properties’ stature in the build-out of Highfield Business Park,” said John Bauknight, development director at Confluent Development. “With industrial space in metro Denver nearing record-high demand, we’re thrilled to support the need for high-quality industrial development in Denver’s growing market.”
The first project under the Confluent Development-Bradbury Properties partnership, which marks the fifth development within the business park, was completed in June and now houses two tenants. The team broke ground on the 101,000-square-foot facility (Highfield Building 5) in October 2016 as a speculative development with CBRE’s Jim Bolt, Jeremy Ballenger and Tyler Carner serving as leasing agents. Within 12 months, the project reached full occupancy.