Vectra Freight Solutions opened its third Colorado distribution hub on June 30, signing a 40,000-square-foot lease on Globeville Landing Parkway just north of the I-70 corridor — a $2.1 million annual commitment that signals the company isn't slowing down despite a cooling national commercial real estate market. The Denver-headquartered company, founded in 2022 by logistics veteran Marisol Aguirre out of a leased warehouse on Larimer Street in the River North Art District, now employs 214 people across Denver, Aurora, and Pueblo.
The timing matters. Denver's urban industrial vacancy rate ticked up to 7.4 percent in the first quarter of 2026, according to CBRE's Denver market report released in April, giving tenants like Vectra unusual leverage to lock in competitive rents on larger spaces. Meanwhile, the Colorado Energy Office's Electric Fleet Transition Grant program, which disbursed $18 million statewide last fiscal year, has allowed small freight operators to offset the steep upfront cost of electric delivery vehicles. Vectra received $340,000 through that program in October 2025 and used it to put 22 Class 3 electric vans on Denver streets.
Building the Business Block by Block
Aguirre's approach has been methodical rather than venture-fueled. She declined outside investment through two full years of operation, bootstrapping growth through a contract with Denver Health — a deal worth roughly $800,000 annually to handle last-mile medical supply delivery across the metro. That anchor client bought her time to prove the electric fleet concept before the grants money arrived.
The company's operational base in Five Points sits two blocks east of Welton Street, a neighborhood historically underserved by commercial investment. Aguirre worked with the Denver Office of Economic Development and Opportunity's RISE Denver program to hire from within the zip code — 78 percent of her current warehouse and driver workforce lives within five miles of the Globeville facility, she told The Daily Denver in a written statement this week.
Her second hub, a 28,000-square-foot facility on Airport Boulevard in Aurora, came online in January and handles overflow from Denver International Airport's air freight operations. The company partners with Mesa Air Group cargo services on that side of the business. Revenue hit $9.4 million in 2025, up from $3.1 million the year before, and Aguirre projects the Globeville expansion pushes 2026 revenue past $16 million.
What It Means for Denver's Broader Economy
Denver's job market has been uneven in 2026. The metro area unemployment rate stood at 4.1 percent in May, slightly above the national figure of 3.8 percent, with losses concentrated in tech and professional services. Logistics and warehousing, by contrast, added 1,200 jobs in the Denver-Aurora metro between January and May, according to Colorado Department of Labor and Employment data published last month. Vectra is a small but visible piece of that momentum.
The Globeville buildout also intersects with the city's broader infrastructure story. Denver Public Works is spending $47 million through 2027 on the National Western Center road network, which runs directly past the new Vectra site on Globeville Landing Parkway. Better truck access, lower congestion on that stretch — it's exactly the kind of municipal investment that makes an industrial lease decision easier to justify.
For other Denver entrepreneurs watching Aguirre's trajectory, several practical threads are worth pulling. The RISE Denver program through OEDC still has funding available for businesses committing to local hiring, with applications open through September 30. The Colorado Energy Office's next Electric Fleet Transition Grant cycle opens August 15, with awards expected by November. And with industrial vacancy still elevated across the I-70 corridor, commercial real estate brokers at Colliers Denver's 17th Street office are reporting that landlords are offering three to six months of free rent on multi-year deals — a window that won't stay open indefinitely as absorption picks up in the back half of the year.
Vectra is hiring 40 additional positions at the Globeville site through August, including warehouse coordinators, route planners, and two operations managers. Details are posted through Denver Workforce Services on Colfax Avenue.