Tenants take 235,576 sf at Park 12 Hundred

IBC Holdings LLC has leased 235,576 square feet of high-cube industrial space at its Park 12 Hundred project in Westminster and also has a 297,172-sf office building there under contract for sale.

Frictionless World, a growing agricultural equipment company, signed a lease for 150,681 sf of industrial space, and Springs Fabrication took another 84,895 sf. Both are seven-year deals.

Adams County is under contract to buy the office building for $9.6 million. It plans to move its Human Services Department, Child and Family Center, Head Start, and Workforce & Business Center into the space by March 2017.

Jason Addlesperger, David Lee and Scott Garel of Newmark Grubb Knight Frank represented IBC Holdings in the transactions.