DENVER—EnviroFinance Group plans to sell about77 acres of commercial infill land located near inunincorporated Adams County and the City of Denver, for amultiphase, multi-building development project. TrammellCrow Company has entered into an agreement withGlobeville I, LLC, an EnviroFinanceGroup company, to acquire the site and develop up to1 million square feet in multiple buildings to beknown as Crossroads Commerce Park at Globeville.Phase I of the multi-phase project is slated to commenceconstruction in Summer 2015. The project is expected to includeboth lease and build-to-suit opportunities.

Globeville I, LLC has spent the last four years working inconcert with the Trust created out of ASARCO'sbankruptcy to complete cleanup of the site to allow forcommercial and industrial redevelopment. Globeville I, LLC willalso complete the preliminary site development before sale of theproperty to Trammell Crow Company.

“We've worked with agencies at the Federal and State level, aswell as Adams County, the City of Denver and community stakeholdersfor many years to bring this property to this point,” saidStuart Miner, president of EFG and its affiliatedcompanies. “We're very excited to partner with TCC to move thisproject forward into the vertical phase of development.” “To putthis property back into productive use is a once in a generationopportunity for Adams County and Denver,” said BarryGore, president and CEO of Adams County EconomicDevelopment.