NAIOP, the Commercial Real Estate Development Association, has named Broe Real Estate Group’s (BREG) rail-served flatbed distribution center project for The Home Depot the 2022 Industrial Development of the Year.
The 386,000-square-foot build-to-suit project in Mead, Colo., was selected for its “best-in-class design, operational excellence and innovative transportation solution,” according to BREG, an affiliate of The Broe Group. It is located at the Access 25 Logistics Park and served by Great Western Railway of Colorado, which is owned and operated by OmniTRAX, The Broe Group’s railroad affiliate. The Great Western Railway of Colorado interchanges with Union Pacific at Greeley, Colo., and with BNSF at Fort Collins, Longmont and Loveland, Colo.
MacGregor Associates Architects and Redland Consulting Group designed the facility, which was built by Catamount Constructors and started operations in November 2022.
“This award is the result of a combined effort from a very large team of project partners committed to demonstrating the collective benefits possible when rail and real estate are paired together during supply chain design,” Broe Real Estate Group CEO Douglas Wells said.