The deal includes another 11.6 acres upon which another 200,000sf of build-to-suit industrial space can be developed in the MackEnterprise Center, says Payson MacWilliam of ColliersInternational, who brokered the deal along with his brother, Don.The existing buildings, considered to be phase I, are located at405 N. 75th Ave. Broomfield, CO-based Corporate Express is thelargest tenant with 60,000 sf.

The three buildings under construction are about 20% preleasedand will be finished in April 2005, MacWilliam says. Rents in thebuildings range from $4.32 per sf to $5.52 per sf triple net. Allsix buildings are appropriate for manufacturing and distributionoperations and can accommodate tenants ranging from 5,000 sf to150,000 sf.

MacWilliam tells GlobeSt.com that Mack Co. originally intendedto be a long-term holder of the buildings. However, he approachedthe developer and suggested they consider selling given thedynamics of the market. "There's a lot of demand for the type ofproduct," he says.