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Northeast corner of Interst...

Trammell Crow Company & PCCP Acquire 76 Acres In Thornton For $18.9M Industrial Park Development
SOLDLand

Trammell Crow Company & PCCP Acquire 76 Acres In Thornton For $18.9M Industrial Park Development

$18,900,000

Building Size

Asset Type

Land

Closing

Jun 8, 2026

AI

A 76-acre land parcel located at the Northeast corner of Interstate 25 & E-470 in Thornton, CO was sold. The sale was executed for a total price of $18,900,000. This property is intended for the development of the Crossroads 25 industrial park, which will encompass a total of 1.1 million square feet.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $18,900,000
  • Address: Northeast corner of Interstate 25 & E-470
  • Market: Thornton, CO
  • Acres: 76
  • Buyer: Trammell Crow Company & PCCP

Trammell Crow Company and PCCP have commenced the first phase of development on the site, which involves constructing an initial segment with a planned size of 828,000 square feet. This first phase is already 49% preleased, featuring a significant lease of 409,000 square feet, recognized as Denver’s largest new industrial lease since 2024.

Players

Trammell Crow Company
Trammell Crow CompanyBuyer
PCCP
PCCPBuyer

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.84%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93