04.10 | 2024

TM Crowley, NLGCM Joint Venture Drives Growth in Thornton, CO, with The Highlands Mixed-Use Development

# NLG News

Indianapolis-based developer TM Crowley & Associates (“TM Crowley”) has partnered with Atlanta-based NLG Capital Management (“NLGCM”), a division of The Net Lease Group, in Thornton, Colorado, to develop a 23-acre mixed-use project aptly named The Highlands at Thornton. The project will encompass over 101,925 square feet of retail, commercial, and medical office space, marking a new phase in the city’s growth.

The Highlands at Thornton’s project site is located at the northeast intersection of Quebec Street and 136th Avenue, directly opposite the newly opened King Soopers grocery-anchored shopping center and Lee’s Farm, a proposed neighborhood of 250 single-family homes. Its prime location and proximity to the newly completed and proposed developments will establish a convenient and well-merchandised corridor for the community and its visitors.

We are thrilled to work alongside NLG Capital Management in bringing this new development to Thornton, CO. We strongly believe the amenities and recognizable tenants that will occupy The Highlands at Thornton will not only be a great addition to Denver’s northern suburbs but support future growth in the coming years,”

-AJ Barbato, Chief Development Officer from TM Crowley

The project has already garnered strong interest from local and national retailers; and has secured CVS Caremark as an anchor tenant, with several more to be announced in the coming weeks.

Lisa Vela and Jay Landt from Colliers will spearhead leasing efforts for The Highlands at Thornton. The Denver-based leasing brokers have extensive knowledge of the local market and the experience needed for ground-up development, ensuring the project will secure the most viable tenants.

The project demonstrates TM Crowley and NLGCM’s commitment to creating community-focused, user-friendly commercial spaces that benefit residents. The Highlands at Thornton will be a meaningful addition to the neighborhood, ushering in new growth for Denver’s northern suburbs.


Click here to view The Highlands at Thornton website


About TM Crowley & Associates

With over 30 years of experience, the T.M. Crowley team offers customized, results-driven real estate development solutions. From urban retail to distribution, industrial to manufacturing, TMCA specializes in diverse, high-quality projects providing exceptional outcomes for their clients. Utilizing a nationwide footprint, TMCA market experts are knowledgeable in local awareness, sourcing locations that ensure operational efficiency for each project. With more than 1200 completed projects, TMCA is uniquely positioned to deliver omni-channel solutions and strategies for their clients. Learn more at www.tmcrowley.com.


About NLG Capital Management

The Net Lease Group (“NLG”) is an investment advisory and brokerage firm specializing in corporate, institutional, and private execution of single and multi-tenant, net lease transactions across all markets throughout the United States.

NLG Capital Management, a division of the NLG, provides investment management and advisory services by providing development and acquisition equity capital to its partners throughout the US. NLGCM has over $2.5 billion in assets currently under management. Learn more at www.thenetleasegroup.com/capital-management/.


For additional information please contact: marketing@thenetleasegroup.com