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18146 East 84th Avenue

Updated Sep 16, 2026

Ambrose Leases 43,350 Square Feet To HubStarr Logistics At Ascent Commerce Center In Colorado
LEASEDIndustrial

Ambrose Leases 43,350 Square Feet To HubStarr Logistics At Ascent Commerce Center In Colorado

18146 East 84th Avenue & 2440 Airwest Boulevard

Building Size

143,807 SF

Asset Type

Industrial

Closing

Jul 2, 2026

About this deal

AI

The asset involved in this lease transaction is an industrial property located at 18146 East 84th Avenue & 2440 Airwest Boulevard, covering a total square footage of 143,807. The property is situated in Commerce City, Colorado, and Burlington, Kentucky, indicating a strategic positioning in important industrial markets.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Landlord: Ambrose
  • Tenant: HubStarr Logistics
  • Lease Area: 43,350 square feet at Ascent Commerce Center
  • Market: Commerce City, Colorado & Burlington, Kentucky
  • Additional Lease: A confidential material handling company leasing 110,457 square feet at Cincinnati Logistics Park – Airport West

Ambrose has effectively completed two industrial leases, with HubStarr Logistics establishing its first location in Colorado, which achieves full occupancy for Building I at Ascent Commerce Center. Leasing opportunities still remain available at both industrial parks involved in the transaction.

Players

Ambrose
AmbroseLandlord
HubStarr Logistics
HubStarr LogisticsTenant

Tall Timbers Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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