Speed Bay Warehouse Solutions acquires 13-building industrial portfolio in Commerce City

DENVER, June 8, 2026 – JLL Capital Markets announced today the sale of Park Industrial, a 466,270-square-foot, 13-building industrial portfolio strategically positioned at the intersection of Interstate 270 and 58th Ave. in Commerce City, Colorado.

JLL represented the buyer, Speed Bay Warehouse Solutions, in the off-market transaction. KEW Realty, a private Denver-based investor who owned the properties for multiple decades, was the seller.

The Park Industrial portfolio comprises two phases spanning property vintages from 1968 to 2017. Phase 1-3 encompasses 311,270 square feet across 10 buildings, averaging 1987 vintage with clear heights of 18 to 20 feet. Phase 4 includes 155,000 square feet across three modern buildings, averaging 2013 vintage with 24-foot clear heights. The portfolio offers exceptional flexibility with tenant spaces ranging from 2,500 to 35,000 square feet and averaging 8,600 square feet. The properties feature low office finishes across all units, catering primarily to distribution and light industrial users.

The portfolio's Commerce City location provides immediate access to major transportation corridors while serving a 10-mile radius containing 1.4 million residents. The infill positioning offers limited new supply competition while maintaining proximity to a deep labor pool and Denver's urban core.

The properties are located at 5690, 5700 and 5710 East 56th Ave.; 5750, 5800, 5900, 6000, 6050 and 6100 East 58th Ave.; 6125 East 56th Ave.; and 6300, 6340 and 6360 East 58th Ave.

"I would like to thank Anita Youngblut, Phil Shovein and everyone on the KEW Realty team as well as the JLL and Speed Bay teams for their excellent work to bring this transaction to a successful conclusion," said David Spira, President and CEO of KEW Realty. "KEW Realty assembled and built this portfolio for over four decades. We are very proud of this accomplishment."

The JLL Capital Markets team was led by Senior Managing Director Peter Merrion and Director Robert Key.

"The Park Industrial portfolio sale represents a distinctive off-market transaction pairing a multi-decade legacy owner with Speed Bay Warehouse Solutions," said Key. "Portfolios of this scale rarely trade hands in the Denver market, reflecting sophisticated capital's recognition of the value proposition offered by well-located small-bay industrial assets with infill positioning, functional building features and flexible tenant configurations."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Speed Bay Warehouse Solutions is a Denver-based real estate investment and management firm focused exclusively on shallow bay, multi-tenant light industrial properties. Founded in 2024 by Evan Zucker and Jimmy Mulvihill – the entrepreneurs behind Black Creek Group, a leading real estate investment management firm acquired by Ares Management (NYSE: ARES) in 2021 – Speed Bay’s senior management team brings an average of approximately 30 years of experience executing across all aspects of the industrial sector. Speed Bay is headquartered in Denver with regional offices in Dallas, Atlanta, and the Northeast, and personnel in Philadelphia, Phoenix, and Tampa.  For more information, visit www.speedbay.com.

For more than 50 years, KEW Realty has been engaged in the business of owning, managing, leasing, acquiring, building and renovating commercial properties. As a family owned business, KEW plans to continue progressively into successive generations.

KEW Realty creates value through the acquisition, development and renovation of commercial properties. KEW delivers value to tenants by offering quality premises and service at affordable rents.