#USA #Colorado #Loveland #Aardex #Brands West

Aardex's Strategic Acquisition: Brands West in Loveland, Colorado

Aardex, a prominent player in the real estate investment and development sector, has recently made headlines with its acquisition of the Brands West industrial campus, a state-of-the-art facility located in Loveland, Colorado. Spanning an impressive total of 187,457 square feet, this fully leased Class-A industrial property adds considerable strength to Aardex's already established portfolio in the region.

A Look at Brands West

Situated conveniently along the bustling I-25 corridor, Brands West comprises two main buildings located at 5365 Byrd Drive and 5645 Kitty Hawk Drive. The site is strategically positioned within a growing economic hub, not far from the Northern Colorado Regional Airport, making it a favorable location for logistics and manufacturing operations. The presence of major landmarks, like the Ranch Events Complex and the Blue Arena, enhances its appeal for businesses looking to establish a foothold in the area.

Aardex's Principal, Caleb Hebel, expressed enthusiasm regarding the acquisition, noting that Brands West aligns perfectly with their strategy of identifying well-located, modern properties ideally suited for today's industrial users. The facility's robust features include:

• - 28- and 32-foot clear heights, offering ample vertical space for a variety of operations.
• - A 60-foot speed bay designed to streamline loading processes.
• - High power capacity, with 2,500 amps of electric service to accommodate high-demand industries.
• - 49 dock-high doors facilitating efficient logistics.
• - Over 490 parking spaces and 43 trailer stalls, along with outdoor amenities that promote a comfortable working environment.

Tenant Mix and Market Demand

At the time of the acquisition, Brands West was 100% occupied by an impressive lineup of six tenants, including noted companies such as Muller Technology and Artisan Design Group, which is notable for its affiliation with Lowe's. This diverse mix reflects the strong demand for top-grade industrial spaces in Northern Colorado, bolstered by a growing economy and increasing interest from investors.

Jeremy Ballenger, a representative from CBRE who aided in this transaction, remarked on the quick leasing success of Brands West, indicating the real estate market's robust response to high-quality industrial developments in the region. The acquisition process was described as seamless, with both Aardex and the seller—Hines—collaborating effectively to realize a successful transition of ownership.

The Significance of the Acquisition

This strategic acquisition is part of Aardex's broader vision to expand its industrial holdings and improve operational capacity in key areas. By capitalizing on a 1031 exchange following the sale of an out-of-state asset, Aardex not only enhances its operational portfolio but also affirms its commitment to long-term stewardship of valuable industrial properties.

As Aardex continues to invest in the industrial sector, its focus on community-driven development remains a guiding principle. The company seeks to make a lasting positive impact through its projects while addressing the evolving needs of manufacturing and logistics users. With Brands West under its management, Aardex is poised to deliver sustained value and support to its tenants and the surrounding community.

For more information about Aardex and its initiatives in real estate development, visit aardex.com.