CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

JAGreen Development and Raith Capital Partners Acquire 157 Acres in Aurora, CO for New 2MSF Industrial Park, AEROS Logistics Center

Joshua Deale • 5/10/2022

AURORA, Colo., May 10, 2022 – JAGreen Development LLC (JAG), the owner/developer of the recent JAG Logistics Center @ DEN, a 260-acre industrial park at 64th Avenue and Powhaton Road in Aurora, in partnership with an affiliate of Raith Capital Partners, a New York-based real estate private equity firm, has acquired 157 acres of land in Aurora, Colorado for the development of the AEROS Logistics Center (AEROS), a 2 million-square-foot Class A industrial park. AEROS is strategically located south of Denver International Airport (DEN) along the 56th Avenue corridor with convenient access to E-470 to the West and I-70 to the South.

AEROS Logistics Center, which is zoned Airport District, is being master-planned for a myriad of uses including logistics, distribution, AEROS_Logistics_Rendering_750x456 manufacturing, construction, and data centers. Companies will have the option for build-to-suit for sale or lease. JAG is designing AEROS with a great deal of flexibility—the new master plan could accommodate two 1 million-square-foot east/west facing cross-dock buildings or may be divided into smaller parcels for users requiring less space.

Cushman & Wakefield’s Aaron Valdez, Alec Rhodes and Tyler Smith represented JAG in the acquisition, and will handle the marketing efforts for AEROS.

Dan Green, CEO and Co-Managing Partner of JAG, said, “For more than 80 years, JAG has developed high quality industrial facilities across the U.S., and we continue to see enormous potential and value for industrial property near the Denver International Airport. AEROS begins another chapter in our company’s storied history in this desired and flourishing market where we have strived to help build the future.”

AEROS Logistics Center provides quick access to E-470 and I-70 and is just a five-minute drive to DEN. AEROS will offer additional economic incentives (e.g., Foreign Trade Zone and Opportunity Zone).

“On the heels of JAG Logistics Center @ DEN, AEROS will meet the increasing demand from industrial users,” said Aaron Valdez. “AEROS will be a premier industrial development providing occupants with high-end quality, efficiency, and functionality close to major transportation and logistical routes for regional and inter-state commerce. With more than 100,000 homes in development and under construction in northeast Denver and Aurora, companies choosing AEROS will have access to an expanding labor base.

About JAGreen Development LLC
JAGreen Development LLC, a privately held family-owned business since 1941, is a vertically integrated developer, owner, contractor, and manager of uniquely constructed and designed industrial warehouse properties strategically located near major U.S. airports. JAG has developed properties adjacent to major airports across the U.S. including Atlanta Hartsfield (ATL), Dallas Fort Worth (DFW), Denver International Airport (DEN), Houston George Bush Intercontinental (IAH), John F. Kennedy (JFK), and Seattle Tacoma (Sea-Tac).

About Raith Capital Partners
Raith Capital Partners is a private investment firm focused on commercial real estate debt and equity investment. Based in New York City, Raith has a significant presence in U.S. real estate markets, investing on behalf of institutional and high-net-worth clients in discretionary funds and separate accounts. Raith supports its investment activities with a fully-integrated asset management team.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS