“We believe that the DIA market is going to experience a tremendous amount of growth in the coming years, and this site is about as close as you can get to DIA on private property,” said Ray Pittman, president of Pittman Development Group.

The approximately $12 million High Point OmniCenter will deliver 91,490 square feet in three buildings in September. The development is just east of Tower Road at 69th Avenue and Argonne Street, within five minutes of Denver International Airport.

Close to retail and other amenities, the buildings also will be near hotels. High Point owner LNR Property Co. has sold four hotel sites in the last year, according to Gardiner Hammond, LNR vice president. Infrastructure work at High Point is under way.

For sale or for lease, the OmniCenter buildings will be available to 100 percent office users, as well as users with light-distribution, assembly or warehouse requirements. Retail/showroom uses also are options.

“We believe in the growth of the airport. We believe in the growth of the northeast market, and we want to be positioned there early on with flexible product,” said Pittman. “We also recognize that it’s a small, emerging market, so we want to be highly flexible with our buildings,” he said.

That said, the high-end flex buildings probably will be most appealing to heavy office users, including airport-related tenants, said Tim Shay of Colliers Bennett & Kahnweiler, who is marketing the space. Airport-related users have been the first to express interest, said Pittman, adding DIA provides a “giant economic engine” for the area, with 50 million passengers a year and a $1.2 billion expansion under way.

Space in OmniCenter’s single-story buildings will be available to users of 4,000 or more sf. There will be two 38,240-sf structures and a third building of 15,010 sf, all with 18-foot ceiling clearance and front-park, rear-load design.

The project team includes architect Ware Malcomb and general contractor Murray & Stafford, which have designed and built many newer flex and industrial buildings in the airport submarket.

High Point OmniCenter’s base lease rate will be approximately $11.95 per sf, moving up or down depending on the level of office vs. warehouse finish. Shay is marketing the buildings with Colliers Bennett & Kahnweiler brokers Cody Sheesley and Drew Weiman.

“We’re kind of pioneering the market out there. Long-term I think it’s going to be a great project,” Shay commented.

Pittman Development Group, formerly Landmark Properties Group, is developing High Point OmniCenter on seven acres it retained when it sold the High Point property to LNR Property Corp. in 2006.