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Aardex has built over 1.5 million square feet of projects in seven states across the Western U.S. Our investments are guided by focused insights and extensive up-front planning, ensuring precise execution. Harnessing the power of data, we craft practical and sustainable solutions that align with community needs.  
 
In addition to developing our own projects, Aardex invests directly and indirectly in commercial real estate development projects that align with our mission of empowering communities and creating positive impacts through clean energy and the built environment. We’ve invested in upwards of 45 projects spanning 17 states with a focus on multifamily housing, and we hold stakes in diverse private and public REITs, broadening our portfolio across various products and markets. 

— Loveland, CO

Brands West Warehouse

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Brands West Warehouse

— Loveland, CO

— 187,457 SQFT

Located at 5365 Byrd Dr. and 5645 Kitty Hawk Dr the fully leased property sits along the I-25 corridor within the Crossroads-area growth node near the Northern Colorado Regional Airport and across from the Ranch Events Complex and Blue Arena. Brands West is located within the broader Brands at the Ranch mixed-use area, a rapidly expanding district just north of Crossroads Boulevard. Delivered in 2024 and 100% leased at closing, Brands West is currently home to six tenants spanning advanced manufacturing, product assembly, and industrial services. Current occupants includes Muller Technology, James Fisher Technologies, and Artisan Design Group (a flooring distribution platform affiliated with Lowe’s), among others.

— Phoenix, AZ

1 West Madison

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1 West Madison

— Phoenix, AZ

— 27,000 SQFT (13,500 SQFT in basement and main floor)

1 West Madison was purchased in 2022 as a 27,000 square foot vacant building. See Jackson Place for additional information, but the project is part of an entire block development in downtown Phoenix to renovate this historical designated building with further development of a 14-story mid-rise next door, activated block, with property tax abatements. With huge potential and an A+ location next to Footprint Center and Chase Field, the site overlooks the entertainment district of downtown, and is under renovation to modernize a 100-year old building into a commercial & retail space with large 14' store front windows on an activated block with indoor/outdoor seating near the newly constructed light rail. The basement will be further activated with additional entertainment tenants and/or self-storage.

— Phoenix, AZ

Jackson Place

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Jackson Place

— Phoenix, AZ

— 262 Units / 345,733 SQFT

Jackson Place was purchased in 2022 and is designated in an opportunity zone. The project will be 14-stories providing 262 units of residency. Since acquisition, Aardex has worked closely with the City of Phoenix to enhance and increase the value of the property by increasing the height allowance from 80' to 140' by agreeing to renovate an adjacent historical designated building (see Madison Square). Further, Aardex has worked with the city to acquire all alleys and sidewalks around the site to enhance the commercial and walkability around the block while dedicating the sidewalks back for public use. This includes a 15'+ 'paseo' that will connect downtown Phoenix with the Warehouse District. Last, Aardex worked with the City of Phoenix to qualify, then receive approval, for a State of Arizona property tax abatement called the GPLET, which offers 25-years of tax abatement at a reduced rate by providing additional value to the city, county, and state through other tax and payments over the 25-year term. The project also recently received site plan approval. This project was truly a win-win for Aardex, the City, local community, and future residents that will enhance the adjacent stadium/entertainment and warehouse districts.

— Golden, CO

Signature Centre*

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Signature Centre*

— Golden, CO

— 185,900 SQFT

One of only five LEED Platinum core & shell office buildings in Colorado built with timeless architecture, high-quality finishes and an incredibly strong , stable line-up of tenants from some of the nations leading industries.

— Muskogee, OK

Muskogee Community Hospital*

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Muskogee Community Hospital*

— Muskogee, OK

— 95,000 SQFT

This physician-owned hospital offers a 45-bed acute care Level IV emergency room facility. It is also the first hospital in the nation designed to earn EPA's Energy Star for superior energy performance.

— Phoenix, AZ

City of Phoenix

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City of Phoenix

— Phoenix, AZ

— 20,000 SQFT

Acquired a creative office space in downtown Phoenix, AZ next to Footprint Arena, home of the Phoenix Suns. The building is currently occupied by the City of Phoenix, as a homeless heat relief shelter during the summer months. These heat relief shelters have proved essential to reduce the amount of heat related deaths in the area, as well as provide additional social work, health, job, and safety services for individuals.

— Perris, CA

National Archives & Records Administration (NARA)

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National Archives & Records Administration (NARA)

— Perris, CA

— 183,000 SQFT

State-of-the-art National Archives & Records Administration Level III building for the Pacific Region to hold and retain national records from the federal government.

— Pocatello, ID

US Federal Courthouse

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US Federal Courthouse

— Pocatello, ID

— 65,000 SQFT

A US Federal and Bankruptcy Courthouse within the US District Court sytem representing the District of Idaho.

— Santa Maria, CA

Department of Veterans Affairs

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Department of Veterans Affairs

— Santa Maria, CA

— 36,200 SQFT

A Spanish Colonial-style building hosting a Veterans Affairs Clinic serving the Santa Barbara County region.

— Moreno Valley, CA

Moreno Valley Professional Village

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Moreno Valley Professional Village

— Moreno Valley, CA

— 130,000 SQFT

Masterplanned medical community designed to optimize healthcare within California's Inland Empire, colocating multiple medical services on one site.

— Page, AZ

National Park Service

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National Park Service

— Page, AZ

— 37,000 SQFT

A National Park Service office building used by the Park Service to oversee the operations of the Glen Canyon Recreational Area, a strategically important Dam holding Lake Powell and powering the West.

— Albuquerque, NM

Bureau of Reclamation & Social Security Administration

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Bureau of Reclamation & Social Security Administration

— Albuquerque, NM

— 60,000 SQFT

A downtown revitalization site to serve as the regional offices for the Bureau of Reclamation and Social Security Administration.

— Fresno, CA

Internal Revenue Service Secure Warehouse

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/

Internal Revenue Service Secure Warehouse

— Fresno, CA

— 105,000 SQFT

A brownfield site, earned LEED Silver for an office and industrial warehouse build to house the document handling system for the IRS West Coast Region.

— Tucson, AZ

National Advanced Fire & Rescue Institute Training Facility

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National Advanced Fire & Rescue Institute Training Facility

— Tucson, AZ

— 25,000 SQFT

A design-build facility for the US Forest Service. The structure is designed for high environmental and energy efficiency and used as a key training facility for the West's Fire and Rescue team.

— Durango, CO

Dale D Claxton Memorial Building

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Dale D Claxton Memorial Building

— Durango, CO

— 98,000 SQFT

GSA office building designed for eight governmental tenants including FBI, USGS, IRS, SSA, GSA, US Courts, US Marshals, and US Attorneys.

— Rifle, CO

Hampton Inn & Suites

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Hampton Inn & Suites

— Rifle, CO

— 55,520 SQFT

Hilton branded hotel built in a growing western colorado region to serve the expanding oil & gas service workers.

— Westminster, CO

St Anthony’s North

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St Anthony’s North

— Westminster, CO

— 65,000 SQFT

A leading healthcare facility dedicated to providing compassionate care and advanced medical services to the North Denver community. With a focus on patient-centered treatment and state-of-the-art technology, St. Anthony North strives to ensure the well-being and recovery of every individual it serves.

— Cheyenne, WY

Bureau of Land Management

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Bureau of Land Management

— Cheyenne, WY

— 126,000 SQFT

Class A office building designed for the Bureau of Land Management's operations in the West.

— Albuquerque, NM

USDA Forest Service Regional Headquarters

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USDA Forest Service Regional Headquarters

— Albuquerque, NM

— 98,000 SQFT

A 4-story downtown revitalization site to serve as the USDA's headquarters and command center to support fire fighting operations for the southwest.

— Albuquerque, NM

Corps of Engineers

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Corps of Engineers

— Albuquerque, NM

— 63,500 SQFT

A 3-story office building to house regional offices for the U.S. Army Corps of Engineers, an important organization that designs our nations infrastructure.

— Window Rock, AZ

Indian Health Services

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/

Indian Health Services

— Window Rock, AZ

— 40,924 SQFT

An office and warehouse building utilized by Indian Health Services, an important organization that operates the health services of the Navajo Nation and San Juan Southern Paiute Tribe.

— Wheat Ridge, CO

Condo Warehouse

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Condo Warehouse

— Wheat Ridge, CO

— 128,635 SQFT

Unique industrial build, designed condo-warehouses with high-bay doors to house various recreational, personal, or business uses in smaller warehouse facilities.

— Lakewood, CO

Department of Transportation

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Department of Transportation

— Lakewood, CO

— 19,000 SQFT

Industrial building used for office and industrial uses by the Department of Transportation.

— Albuquerque, NM

USDA

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USDA

— Albuquerque, NM

— 49,000 SQFT

An industrial warehouse for USDA's headquarters and command center to support fire fighting operations for the southwest.

— Golden, CO

Signature Centre*

View Project

Signature Centre*

— Golden, CO

— 185,900 SQFT

One of only five LEED Platinum core & shell office buildings in Colorado built with timeless architecture, high-quality finishes and an incredibly strong , stable line-up of tenants from some of the nations leading industries.

— Phoenix, AZ

City of Phoenix

View Project

City of Phoenix

— Phoenix, AZ

— 20,000 SQFT

Acquired a creative office space in downtown Phoenix, AZ next to Footprint Arena, home of the Phoenix Suns. The building is currently occupied by the City of Phoenix, as a homeless heat relief shelter during the summer months. These heat relief shelters have proved essential to reduce the amount of heat related deaths in the area, as well as provide additional social work, health, job, and safety services for individuals.

— Pocatello, ID

US Federal Courthouse

View Project

US Federal Courthouse

— Pocatello, ID

— 65,000 SQFT

A US Federal and Bankruptcy Courthouse within the US District Court sytem representing the District of Idaho.

— Page, AZ

National Park Service

View Project

National Park Service

— Page, AZ

— 37,000 SQFT

A National Park Service office building used by the Park Service to oversee the operations of the Glen Canyon Recreational Area, a strategically important Dam holding Lake Powell and powering the West.

— Albuquerque, NM

Bureau of Reclamation & Social Security Administration

View Project

Bureau of Reclamation & Social Security Administration

— Albuquerque, NM

— 60,000 SQFT

A downtown revitalization site to serve as the regional offices for the Bureau of Reclamation and Social Security Administration.

— Fresno, CA

Internal Revenue Service Secure Warehouse

View Project

/

Internal Revenue Service Secure Warehouse

— Fresno, CA

— 105,000 SQFT

A brownfield site, earned LEED Silver for an office and industrial warehouse build to house the document handling system for the IRS West Coast Region.

— Tucson, AZ

National Advanced Fire & Rescue Institute Training Facility

View Project

National Advanced Fire & Rescue Institute Training Facility

— Tucson, AZ

— 25,000 SQFT

A design-build facility for the US Forest Service. The structure is designed for high environmental and energy efficiency and used as a key training facility for the West's Fire and Rescue team.

— Durango, CO

Dale D Claxton Memorial Building

View Project

Dale D Claxton Memorial Building

— Durango, CO

— 98,000 SQFT

GSA office building designed for eight governmental tenants including FBI, USGS, IRS, SSA, GSA, US Courts, US Marshals, and US Attorneys.

— Albuquerque, NM

USDA Forest Service Regional Headquarters

View Project

USDA Forest Service Regional Headquarters

— Albuquerque, NM

— 98,000 SQFT

A 4-story downtown revitalization site to serve as the USDA's headquarters and command center to support fire fighting operations for the southwest.

— Cheyenne, WY

Bureau of Land Management

View Project

Bureau of Land Management

— Cheyenne, WY

— 126,000 SQFT

Class A office building designed for the Bureau of Land Management's operations in the West.

— Window Rock, AZ

Indian Health Services

View Project

/

Indian Health Services

— Window Rock, AZ

— 40,924 SQFT

An office and warehouse building utilized by Indian Health Services, an important organization that operates the health services of the Navajo Nation and San Juan Southern Paiute Tribe.

— Albuquerque, NM

Corps of Engineers

View Project

Corps of Engineers

— Albuquerque, NM

— 63,500 SQFT

A 3-story office building to house regional offices for the U.S. Army Corps of Engineers, an important organization that designs our nations infrastructure.

— Albuquerque, NM

USDA

View Project

USDA

— Albuquerque, NM

— 49,000 SQFT

An industrial warehouse for USDA's headquarters and command center to support fire fighting operations for the southwest.

— Loveland, CO

Brands West Warehouse

View Project

Brands West Warehouse

— Loveland, CO

— 187,457 SQFT

Located at 5365 Byrd Dr. and 5645 Kitty Hawk Dr the fully leased property sits along the I-25 corridor within the Crossroads-area growth node near the Northern Colorado Regional Airport and across from the Ranch Events Complex and Blue Arena. Brands West is located within the broader Brands at the Ranch mixed-use area, a rapidly expanding district just north of Crossroads Boulevard. Delivered in 2024 and 100% leased at closing, Brands West is currently home to six tenants spanning advanced manufacturing, product assembly, and industrial services. Current occupants includes Muller Technology, James Fisher Technologies, and Artisan Design Group (a flooring distribution platform affiliated with Lowe’s), among others.

— Perris, CA

National Archives & Records Administration (NARA)

View Project

National Archives & Records Administration (NARA)

— Perris, CA

— 183,000 SQFT

State-of-the-art National Archives & Records Administration Level III building for the Pacific Region to hold and retain national records from the federal government.

— Fresno, CA

Internal Revenue Service Secure Warehouse

View Project

/

Internal Revenue Service Secure Warehouse

— Fresno, CA

— 105,000 SQFT

A brownfield site, earned LEED Silver for an office and industrial warehouse build to house the document handling system for the IRS West Coast Region.

— Rifle, CO

Hampton Inn & Suites

View Project

Hampton Inn & Suites

— Rifle, CO

— 55,520 SQFT

Hilton branded hotel built in a growing western colorado region to serve the expanding oil & gas service workers.

— Window Rock, AZ

Indian Health Services

View Project

/

Indian Health Services

— Window Rock, AZ

— 40,924 SQFT

An office and warehouse building utilized by Indian Health Services, an important organization that operates the health services of the Navajo Nation and San Juan Southern Paiute Tribe.

— Lakewood, CO

Department of Transportation

View Project

Department of Transportation

— Lakewood, CO

— 19,000 SQFT

Industrial building used for office and industrial uses by the Department of Transportation.

— Wheat Ridge, CO

Condo Warehouse

View Project

Condo Warehouse

— Wheat Ridge, CO

— 128,635 SQFT

Unique industrial build, designed condo-warehouses with high-bay doors to house various recreational, personal, or business uses in smaller warehouse facilities.

— Muskogee, OK

Muskogee Community Hospital*

View Project

Muskogee Community Hospital*

— Muskogee, OK

— 95,000 SQFT

This physician-owned hospital offers a 45-bed acute care Level IV emergency room facility. It is also the first hospital in the nation designed to earn EPA's Energy Star for superior energy performance.

— Santa Maria, CA

Department of Veterans Affairs

View Project

Department of Veterans Affairs

— Santa Maria, CA

— 36,200 SQFT

A Spanish Colonial-style building hosting a Veterans Affairs Clinic serving the Santa Barbara County region.

— Moreno Valley, CA

Moreno Valley Professional Village

View Project

Moreno Valley Professional Village

— Moreno Valley, CA

— 130,000 SQFT

Masterplanned medical community designed to optimize healthcare within California's Inland Empire, colocating multiple medical services on one site.

— Westminster, CO

St Anthony’s North

View Project

St Anthony’s North

— Westminster, CO

— 65,000 SQFT

A leading healthcare facility dedicated to providing compassionate care and advanced medical services to the North Denver community. With a focus on patient-centered treatment and state-of-the-art technology, St. Anthony North strives to ensure the well-being and recovery of every individual it serves.

— Phoenix, AZ

Jackson Place

View Project

Jackson Place

— Phoenix, AZ

— 262 Units / 345,733 SQFT

Jackson Place was purchased in 2022 and is designated in an opportunity zone. The project will be 14-stories providing 262 units of residency. Since acquisition, Aardex has worked closely with the City of Phoenix to enhance and increase the value of the property by increasing the height allowance from 80' to 140' by agreeing to renovate an adjacent historical designated building (see Madison Square). Further, Aardex has worked with the city to acquire all alleys and sidewalks around the site to enhance the commercial and walkability around the block while dedicating the sidewalks back for public use. This includes a 15'+ 'paseo' that will connect downtown Phoenix with the Warehouse District. Last, Aardex worked with the City of Phoenix to qualify, then receive approval, for a State of Arizona property tax abatement called the GPLET, which offers 25-years of tax abatement at a reduced rate by providing additional value to the city, county, and state through other tax and payments over the 25-year term. The project also recently received site plan approval. This project was truly a win-win for Aardex, the City, local community, and future residents that will enhance the adjacent stadium/entertainment and warehouse districts.

— Phoenix, AZ

1 West Madison

View Project

1 West Madison

— Phoenix, AZ

— 27,000 SQFT (13,500 SQFT in basement and main floor)

1 West Madison was purchased in 2022 as a 27,000 square foot vacant building. See Jackson Place for additional information, but the project is part of an entire block development in downtown Phoenix to renovate this historical designated building with further development of a 14-story mid-rise next door, activated block, with property tax abatements. With huge potential and an A+ location next to Footprint Center and Chase Field, the site overlooks the entertainment district of downtown, and is under renovation to modernize a 100-year old building into a commercial & retail space with large 14' store front windows on an activated block with indoor/outdoor seating near the newly constructed light rail. The basement will be further activated with additional entertainment tenants and/or self-storage.

* Denotes projects that were developed, constructed, and originally owned and operated by the Aardex Corporation officers and principals.

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