First Horizon Bank Provides $77.1 Million Loan For Commerce Yards Development In Commerce City

The property involved in this transaction is a development site located at 9401 Heinz Way, Commerce City, CO, with a total square footage of 466,000. This asset is being financed through a loan amounting to $77,100,000. The expected timeline for the project includes breaking ground in April 2026 and an anticipated completion by May 2027.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $77,100,000
• Market: Commerce City, CO
• Lender: First Horizon Bank
• Landlord: Lincoln Property Company
• Brokers: Peter Merrion, Rob Key & Will Mogk - JLL

This transaction features key involvement from JLL Capital Markets, which arranged the project financing for Commerce Yards. The broker representation includes Peter Merrion, Rob Key, and Will Mogk from JLL, indicating a collaborative effort among the professionals to secure financing for this significant industrial development.