Advance Stores Inc. has locked in a hefty chunk of space at Ascent Commerce Center in Commerce City, taking down roughly 178,000 square feet in a deal that further cements the DIA‑area industrial corridor as one of metro Denver’s logistics hot spots.
The lease spans 178,027 square feet in Building II and runs for seven years, according to the Denver Business Journal. The agreement is in the name of Advance Stores Inc., the local operating arm behind a cluster of Advance Auto Parts‑branded outlets around the Denver metro.
Advance Stores Inc., a subsidiary of Advance Auto Parts, will use the site as a distribution hub to serve roughly 10 stores in the region, with the facility handling regional distribution and restocking for the retailer, Mile High CRE reports.
About Ascent Commerce Center
Ascent Commerce Center sits on about 33 acres at East 84th Avenue and Tower Road in Commerce City, giving tenants quick access to DIA and key transportation routes.
The park totals roughly 595,000 square feet across three Class A industrial buildings, according to Ambrose Property Group. Ambrose acquired the industrial park in 2024, and Building II had been marketed with approximately 178,027 square feet available before the Advance Stores deal, per the property’s listing on Cushman & Wakefield.
Nearby tenants at the park have included McKesson and La‑Z‑Boy, underscoring the corridor’s appeal to national brands seeking modern distribution facilities.
What This Means for the Industrial Market
The lease highlights continuing demand for airport‑area logistics space even as Denver works through a wave of new industrial deliveries and elevated availability. Market reports last year showed vacancy and delivery trends moving around while landlords zeroed in on modern big‑box sites near DIA, according to data from Lee & Associates.
With Building II now fully occupied, Ambrose and local brokers are expected to steer prospects either toward smaller remaining suites in the park or to other northeast Denver submarket options, where highway access and newer product still command a premium. The Ascent Commerce Center website lists leasing contacts along with any remaining on‑campus availability for would‑be tenants, per Ascent Commerce Center.
