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Two Tenants Lease Remaining Space at 500 W 53rd Place

5/21/2020
DENVER, Colo., May 21, 2020 – Cushman & Wakefield announced today the signing of two new tenants at 500 W. 53rd Place, a 112,509-square-foot (sf) industrial facility in Denver, Colorado.

500 W 53rdThreewit-Cooper Cement Co., a Denver-based masonry building product supplier, leased 25,208 sf and Hajoca Corporation, the nation's largest privately held wholesale distributor of plumbing, heating, cooling and industrial supplies, leased 39,202 sf. The transactions bring the multi-tenant facility owned by the joint venture of Connexion Asset Group and Streech Properties to 100% leased.

Aaron Valdez, Tyler Smith and Alec Rhodes with Cushman & Wakefield’s Denver office represented the landlord in the transactions.

“The property offers a functional layout along with a huge, expanded fenced yard in a central location, which made it attractive to the tenants,” said Aaron Valdez, Cushman & Wakefield. “We believe the property and its unique features will allow the tenants to grow their businesses by providing their customers with quick access to this location.”

“Our team is excited to welcome Hajoca and Threewit to 500 W 53rd. We’re thrilled to get these deals done in a turbulent market and it’s a credit to all parties involved—our team, Cushman & Wakefield and the tenants—that we were able to fill the building up very quickly,” said Ed Anderson, CEO of Connexion Asset Group.
The ownership group made strategic improvements to the property in 2020, including upgrading lighting to motion sensor LED, replacing large portions of the parking lot asphalt, improving and expanding the yard and giving the front entrance a facelift.

500 W. 53rd Place is a centrally located distribution warehouse facility offering immediate access to the entire Denver metro area via Interstates 25 and 70. With loading options, functional building dimensions, excess secured yard, and ample car and trailer storage, the building is able to accommodate a wide variety of uses.

The property resides in an enterprise zone within unincorporated Adams County.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • San Francisco

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.