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News release

Denver, CO

JLL Secures 44,264 SF in I-70 Corridor for Logistics, Delivery and Warehouse Company


DENVER (Dec 6, 2017) – JLL recently secured a 5-year lease of  Class B warehouse space for Precision Equipment Placement (PEPMOVE) at 14603 East Moncrieff Place in  the Moncrieff Business Center. The 44,264-square-foot industrial space is almost twice as large as their previous space – as the business continues to flourish in the  Denver's very active industrial market. Moncrieff Business Center is located just off I-70 and I-225 in Northeast Denver.

"PEPMOVE, similar to many industrial tenants in Denver, continues to grow in one of the nation's most flourishing industrial markets. . Their growth is a testament to the strong market fundamentals and indicates Denver is still a growing market and will long-need users like PEPMOVE, as they fall right in line with Denver's average industrial tenant size" said Jason White, industrial broker associate with JLL. "In addition to expanding their operations, PEPMOVE also wanted to secure a location that would allow the company to more efficiently serve its client base,. Moncrieff Business Center places them next to two major interstates, with quick access in all directions."

The 100,000+ square-foot Moncrieff Business Center offers a near unparalleled location, sitting half way between downtown Denver and the airport with excellent access to both I-70 and I-225. The property, owned by local real estate group Etkin Johnson, has nine dock-high doors, two drive-in doors, one ramped drive-in, six rail doors, ample parking and is zoned for light industrial.

PEPMOVE (Precision Equipment Placement) is the resource for the move, delivery, installation or storage of your high-value, sensitive, electronic or large equipment such as copiers, medical equipment, servers, gun safes, fitness equipment, lab equipment, heavy industrial equipment, kiosks and other difficult to move items.

JLL brokers Jason White and Nick Steitz represented PEPMOVE in the transaction.

For more information on JLL's Rocky Mountain Region, please visit: www.jll.com/denver/en-us.

 

About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.