JLL secures $36.7M refinancing for Class A industrial property in Broomfield, CO

DENVER, July 1, 2025 – JLL Capital Markets announced today that it has arranged a $36.7 million refinancing for Park 36, a three-building, Class-A industrial asset in Broomfield, Colorado.

JLL worked on behalf of the joint venture between Stockbridge and Lincoln Property Company to secure floating-rate financing for the property.

Completed in 2019 (Building One) and 2024 (Buildings Two and Three), Park 36 is strategically located at 800, 810 and 830 Hoyt Street, positioned directly off the intersection of two heavily trafficked interstates, US-36 and US-287. This prime location provides quick access to Denver, Boulder, Denver International Airport and beyond. The property sits in the Northwest Denver submarket, which includes Broomfield, Louisville, Superior, Boulder, Westminster and Longmont.

The institutional-quality development, totalling 275,090 square feet, features 28- and 32-foot clear heights, 76 dock-high doors, eight grade-level doors, two built-out spec suites, 566 parking spaces and flexible floorplans that can be demised as small as 16,600 square feet.

The JLL Capital Markets Debt Advisory team was led by Executive Managing Director Eric Tupler, Senior Managing Director Melissa Rose and Senior Analyst Ellie Savage.

"The Northwest Corridor's restrictive growth policies and high barriers to entry have created strong demand for Class A industrial space in this highly desirable location between Denver and Boulder," said Tupler. "With minimal competitive Class-A space available for lease in the submarket and robust leasing activity, this property is well-positioned to capitalize on the area's strong market fundamentals and achieve full stabilization."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Stockbridge is a real estate investment management firm led by seasoned senior professionals averaging 25 years of real estate industry experience. The firm was founded in 2003 and manages real estate equity investments across the risk spectrum within a variety of investment structures on behalf of U.S. and foreign institutional investors, family offices and high net worth individuals. Stockbridge has approximately $35.7 billion of assets under management (as of March 31, 2025) spanning all major real estate property types, and certain specialty property types with an emphasis on residential and industrial space throughout the U.S. The firm has offices in San Francisco, Atlanta, Chicago, Dallas, Denver, and Phoenix. For more information, visit www.stockbridge.com

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.