DENVER (Oct. 31, 2017) - CBRE announced today that it facilitated an 85,604-square-foot lease for a new consolidated manufacturing facility on behalf of Old West Mattress Company, which recently merged with Sermaro International Mattress Company. The site is located at 18300 East 28th Avenue in Aurora, Colorado. Todd Witty and Doug Viseur with CBRE Industrial & Logistics in Denver represented Old West Mattress Company in the lease. The property's landlord is Gramercy Property Trust, Inc.
"Old West Mattress Company selected this site because of the building's functional manufacturing and distribution qualities, including high quality showroom space, heavy electrical service and an abundance of loading doors, as well as its convenient location right off Interstate 70," said Todd Witty, first vice president, CBRE Industrial & Logistics, Denver. "On the heels of a merger that brought together two of the region's top mattress suppliers, the timing was perfect for Old West Mattress Company to make the move into a new state-of-the-art facility."
This high-image standalone Class A building within Gateway Business Park was originally built for Ceva Logistics in 2000. The property has 11,000 square feet of office and showroom space, which was well suited to display Old West Mattress Company's products. The building has 32-foot ceilings, energy efficient lighting, dock and drive-in loading and more than 100 parking spaces.
Both based in Denver, Old West Mattress Company and Sermaro International Mattress Company announced their merger this past spring, retaining the name Old West Mattress Company. Old West Mattress Company's existing building is located at 1055 South Jason Street in south Denver. Sermaro's current facility is located in northeast Denver at 11100 East 55th Avenue.
The lease for Old West Mattress Company's new facility begins February 2018.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
