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FlexHQ Co-Storage Concept Comes to Denver

The $10.8 million sale of a building in Denver will trigger the introduction of a new co-storage concept in the Mile High City.

FlexHQ, a real estate company, recently purchased a 76,000 square foot building at 5180 Fox St. in Denver. It consists mainly of warehouse space, with more than 6,000 square feet of office space.

The California-headquartered brand buys traditional warehouse buildings and then turns them into co-storage units with shared offices. He currently oversees a property in Los Angeles.

The Denver property will be converted into rental units ranging from 300 square feet to 3,000 square feet while the office will transform into a shared workspace with offices, conference rooms, a communal kitchen and more.

“It was important for FlexHQ to choose a location that was easily accessible to the Denver metro area’s growing population,” said Tyler Carner, executive vice president of commercial real estate and investment firm CBRE. “As expectations shift towards faster delivery times, more and more companies are looking to keep their inventory closer to the end customer.”

denverpost

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