LaPour, Mar-Gulf, and MDI Capital Announce Major Development at Centennial's Shallow Bay Project

LaPour and Partners Expand Offerings in Centennial, CO

LaPour, in partnership with Mar-Gulf Management Inc. and MDI Capital, recently announced significant progress at the Creekside Centennial Tech Center (CCTC) in Centennial, Colorado. As CCTC continues under construction with a planned completion date in April 2025, it has been confirmed that The Performance Shift, LLC will be the facility's second tenant. This pre-lease marks a notable milestone as CCTC now stands at 30% pre-leased, highlighting the increased demand for industrial space in the region.

Key Developments

The Performance Shift, a burgeoning entity that aims to enhance its operations, will occupy 9,571 rentable square feet of shallow bay industrial space within the tech center. The swift leasing activity indicates a robust interest from businesses seeking modern and flexible workspace options.

Brandon Langiewicz, a representative for the tenant, commended the innovative design and strategic location of the CCTC. "CCTC is a unique project that meets the demand for tenants seeking high-quality, modern spaces," he said. This statement underlines the project's appeal, as it seeks to satisfy the market's appetite for high-quality industrial facilities.

Alice Barnes, the owner of The Performance Shift, expressed her excitement about moving into the new space. She remarked, "We chose to move our business into CCTC to expand with the ever-growing Centennial and Southeast Denver community where there is quick access for clients from the city and surrounding suburbs. The property is a beautiful, new space with lots of opportunity to create a customized experience for our clients, providers, and community!"

Industrial Space Redefined

CCTC is designed to cater to modern business requirements, particularly as the market has shifted towards larger project sizes, often rendering smaller spaces unviable. This facility stands out as one of the few speculative construction industrial projects in Southeast Denver that offers divisible spaces under 10,000 square feet. With a notable vacancy rate of just 2.8% for similar product types, the demand is evidently high.

The state-of-the-art facility spans 63,271 square feet and features impressive specifications, including 24-foot clear heights. The project provides flexible units ranging from 6,900 square feet to 23,200 square feet, making it versatile for various industrial needs.

CCTC's strategic location at 6403 S Uvalda St offers immediate access to major thoroughfares such as Arapahoe Road, I-25, E-470, and Hwy 83. Furthermore, the surrounding area is replete with an array of lifestyle amenities, restaurants, retail options, and walkable trails, enhancing the attractiveness of this industrial site.

Amenities and Features

The facility boasts eight dock doors and eight drive-in doors, ensuring efficient logistical operations for tenants. With 2,500 amps of power and a commendable parking ratio of three spaces per 1,000 square feet, CCTC sets a new standard for functional design in industrial spaces. The focus on delivering a modern and appealing environment aligns with the expectations of today’s businesses, aiming to redefine industrial configurations in the region.

Lisa Chasteen, VP of Leasing and Asset Management at LaPour, recognized the significance of this lease as it was secured during the construction phase, emphasizing the sparse availability of shallow bay spaces divisible below 10,000 square feet. She concluded, "We welcome Performance Shift to CCTC and are committed to delivering a modern, image-conscious environment that aligns with our tenants' needs as well as the community's requirements."

For businesses interested in learning more about this exciting development or the leasing opportunities available, please visit LaPour's official website for further information.