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The Mile High Business Center, Denver, Colorado.
The Samsonite Corporate Campus is in the process
of being transformed into the Mile High Business Center
by Panattoni Development Company. This 100-acre parcel
of industrially zoned land has been the home to Samsonite
for the past forty (40) years. Panattoni Development
Company purchased the property in March, 2005 from
Samsonite who is leasing back three (3) of the buildings
for the next several years. Panattoni has received
final approval to construct up to 1.7 million square
feet of state-of-the-art distribution and manufacturing
space that will be spread out over seven (7) buildings
that will range in size from 102,000 square feet to
347,000 square feet.
Access to Mile High Business Center is outstanding
to Interstate 70 via exits at Havana Street and Peoria
Street. Rail service is available from the Union Pacific
Railroad. Visibility from Interstate 70 is excellent.
The 500,000 square feet. Samsonite manufacturing building
was recently demolished to make way for the continuation
of East 45th Avenue which will connect Havana Street
and Peoria Street and will provide access to all of
the sites within the park. The first building that
Panattoni developed in the park contained 336,000
square feet on a 17-acre site. Construction commenced
in April 2006 and the building was completed in late
November 2006. Building One will featured ceiling
clear heights of 32', an ESFR sprinkler system, 50'
x 50' column spacing, and both dock high and drive-in
loading. Home Depot supply signed a lease for 136,000
sq. ft. in May 2006 and moved into their space the
day the building was complete. A lease is out for
signature to an international corporate user that
will occupy in approx. May 2007 and a production and
distribution facility. The lease is expected to be
signed in mid January 2007 fo the back end of the
building which contains 200,000 sq. ft. Building One
was designed by the nationally renowned architectural
firm of Ware Malcomb which is headquartered in Irvine,
California. Panattoni Development Company, headquartered
in Sacramento, California, develops, leases, owns,
and manages industrial, office and retail projects
in more than 85 cities throughout the United States.
Tom Stahl and Geoff Kreusser of Colliers Bennett &
Kahnweiler handle the leasing on behalf of Panattoni
Development Company.
For more information please contact Geoff Kreusser
and Tom Stahl or visit www.milehighbusinesscenter.com
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