THORNTON, CO… The city of Thornton today announced that Epicurean Butter, a manufacturing company specializing in the production of flavored butters, will relocate their manufacturing operation to Thornton. Epicurean Butter will occupy 30,000 square feet of space in the new 25 North Business Park near I-25 and E-470. Epicurean Butter currently employs nearly 50 people and intends to grow to over 100 within the next five years. The company plans to be operational within their new building in Thornton by the 3rd Quarter of 2021.
"The city of Thornton is thrilled Epicurean Butter chose to locate here during this exciting time of growth for the company," said Thornton Mayor Jan Kulmann. "Epicurean Butter will be the first tenant in our new 25 North Business Park, which could spur further job and development growth in the Park and throughout our community. The fact that the company founders are longtime Thornton residents makes it even more special."
Epicurean Chairman and CEO Tom Maddi commented, "This is a momentous day for Epicurean Butter as we begin our operations in a new state-of-the-art facility. Despite the challenges nearly every business faced over the past 18 months, our business experienced solid growth, and we are confident our new home will provide us with an even stronger foundation to drive innovation and launch new products. Importantly, this new facility will provide a wonderful workplace environment and a showcase for our stakeholders, helping us to maintain and build upon our core values of quality and service to our customers and to the community of Thornton."
25 North Business Park is owned by Denver-based EverWest Real Estate Investors, an institutional real estate investment management firm, and Invesco Real Estate, a global real estate investment manager. "Epicurean represents the ideal tenant for driving economic growth and creating a dynamic industrial project at 25 North Business Park," said EverWest Real Estate Investors Development Manager Erin Everett. "We are encouraged by the positive activity to date and eager to continue our partnership with Invesco as we work to break ground on an additional 595,000 sf of industrial space."
For more information visit www.ThorntonCO.gov or www.epicureanbutter.com.
About Epicurean Butter
Epicurean Butter Company, Inc., is a market-leading manufacturer of flavored butters. Founded in 2004 by Thornton residents John and Janey Hubschman, Epicurean Butter enables consumers, personal chefs and foodservice professionals to bring restaurant quality flavors into their own kitchens without additional prep-time or cooking expertise. The Company offers several flavors of sweet and savory butters that can be paired with steaks, seafood, vegetables, sandwiches, pasta and breads. Epicurean Butter's products are made with all-natural and premium ingredients and are sold as branded and private label products through retail, e-commerce, wholesale and foodservice channels. In 2019, Epicurean partnered with HC Private Investments, a Chicago-based family office focused on making direct private equity investments in consumer and industrial companies. For more information, please visit www.epicureanbutter.com.
About EverWest Real Estate Investors LLC
EverWest Real Estate Investors LLC is a real estate investment advisor providing investment management services throughout the U.S. including acquisitions, asset management, development and property management for our investors. EverWest has $3.6 billion in assets under management as of second quarter 2021. The firm's clients invest through separately managed accounts and commingled funds. EverWest is headquartered in Denver with regional investment offices in New York City, Charlotte, Los Angeles and San Francisco metro areas. EverWest is a wholly owned subsidiary of Canada-based GWL Realty Advisors. For more information, visit www.everwest.com or www.gwlra.com.
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $82.8 billion in real estate assets under management, 589 employees and 21 regional offices across the U.S., Europe and Asia (as of December 31, 2020). Invesco Real Estate has been actively investing in core, value-add and opportunistic real estate strategies since 1992. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd. Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.