DENVER BUSINESS JOURNAL - Two Illinois-based real estate firms have acquired a 26-acre-parcel in Westminster with plans to build 324,000 square feet of industrial space.
Conor Commercial Real Estate and WHI Real Estate Partners L.P. purchased the land, located at the southwest corner of West 120th Avenue and Huron Street, and will construct four speculative industrial buildings, dubbed the Park 12 Hundred Tech Center, there.
One building will total 172,200 square feet, while two others will be 58,500 square feet each and the fourth will house 35,000 square feet.
“Our committed partnership with WHI Real Estate and demonstrated experience throughout the country will support a seamless redevelopment process of this underutilized site into a desirable Class A property serving a growing number of businesses looking to maximize on the benefits that the northwest submarket has to offer," said Sven Tustin, vice president of Conor Commercial Real Estate.
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