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1/12/24
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RJ Schinner, a wholesale distributor of foodservice, paper and janitorial supplies based in Wisconsin, inked a lease for 60.3k sf of space at Clarion Gateway 27 in Aurora, CO. Located at 19080 E. 38th Ave. in Aurora, the building is owned by Clarion Partners.
Clarion Gateway 27 is a recently completed Class A distribution building. Clarion Gateway 26 and 27 were the two newest additions to the 3.4 msf Clarion Gateway portfolio and total 488.2k sf of industrial space. The project has one cross-dock building and one front-park rear-load building, with easy highway access and trailer parking on site. RJ Schinner will occupy the space in early 2024.
Jeremy Ballenger, Tyler Carner and Jim Bolt of CBRE represented the in the leasing of the building. Terms of the lease were not disclosed. According to Carner, Clarion Gateway 27 benefits from a prime location in the heart of the airport submarket, brand new Class A features and spec improvements to the building already in place.
The Denver metro area industrial market posted nearly 450k sf of net absorption in Q3 2023, according to CBRE Research. Tenants have continued to seek high functional speculative space, highlighting a demand for new industrial projects, like Clarion Gateway 27, in the market.
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