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Deal Announcement

July 7, 2021

DePaul Real Estate Advisors is pleased to announce the sale of prime industrial development land at Bromley Interstate Business Park.  Lovett Industrial, headed by Charlie Meyer, purchased 41.81 acres from a group of land owners led by Paul DeCrescentis at DePaul Real Estate Advisors.  Jarod Pate represented the sellers in marketing and negotiations.  The buyer was represented by Kirk Vanino and Ron Webert at Lee & Associates.

Bromley Interstate Business Park is a 420-acre business park located along three miles of Interstate 76 in Brighton, Colorado.  The Park is home to several corporate headquarters as well as the regional facilities for a variety of manufacturers and distributors. 

Dubbed Bromley Business Center, Lovett will develop a Class A, modern logistics / distribution / warehouse facility located in the Bromley Business Park in Brighton, CO. The site is accessed via Exit 22 on I-76, 25 miles north of Denver CBD and 14.5 miles from Denver International Airport. The surrounding suburban area is exploding with residential development supporting labor for facilities such as Bromley Business Center. 

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate.  DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects.  For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.