Etkin Johnson enters NoCo industrial market
A longtime Colorado commercial real estate company is entering the Northern Colorado market with a 200,000-square-foot industrial/flex development at Interstate 25 near Crossroads Boulevard in Loveland. Etkin Johnson Real Estate Partners will develop two speculative Class A buildings at Axis 25, a 14.18-acre site with interstate visibility. The Denver-based company plans to break ground toward…
Kris Oppermann Stern
March 15, 2020Medical office building in Denver West trades for $5.7M
Denver West’s owners sold a medical office building within the 83-acre office park for $5.7 million, or $150.44 per square foot. Denver West MOB LLC, an affiliate of Texas-based Pinecroft Realty, bought Building 55, a 37,890-sf building at 13772 Denver West Parkway in Lakewood, from a partnership of DPC Cos. and Bridge Investment Group. Chris…
Kris Oppermann Stern
March 15, 2020Former Denver Medical Depot to undergo adaptive reuse, designed by Tryba
Tryba Architects is the lead designer in the renovation and adaptive reuse of the former Denver Medical Depot, which is located at East 38th Avenue and Steele Street in Denver’s Clayton neighborhood. ScanlanKemperBard recently purchased the 482,700-square-foot industrial warehouse, which sits on a 32-acre site, for $76.6 million. Hyder Construction is the general contractor tapped for the project, which will begin this spring.
Kris Oppermann Stern
March 9, 2020Foundry apartments change hands in $44.1 million deal
The apartments within the newly completed Foundry redevelopment in downtown Loveland have been acquired for $44.1 million. California-based Steadfast Cos. bought the 155-unit Patina Flats at The Foundry from a partnership led by Brinkman, Patina Flats has been more than 95% leased since it was completed in August 2018 and was nearly full at the…
Kris Oppermann Stern
March 8, 2020Industrial building/climbing gym fetches price of $175.34 per sf
A 92,080-square-foot building that houses North America's largest climbing gym and two industrial tenants sold for $16.15 million, or $175.34 per sf. Monterey, California-based Call Family Trust bought the property at 1050 W. Hampden Ave. in Englewood from Ogilvie Properties. Ogilvie acquired the property, formerly Sports Authority’s headquarters, in 2017 and repurposed it as industrial…
Kris Oppermann Stern
March 7, 2020NexGen acquires big block of vacant industrial space
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Kris Oppermann Stern
March 4, 2020Centerra Industrial’s central location lures distribution users
After packaging a lease deal with Amazon late last year, McWhinney says its Centerra Industrial development in Loveland continues to draw attention of e-commerce companies looking to serve Northern Colorado’s growing population. “With a population of more than 600,000 and quickly growing to over 680,000 as it currently stands, Northern Colorado is one of the…
Kris Oppermann Stern
March 4, 2020Industrial center sells for record $199.32 per sf
A pair of new industrial buildings in Broomfield sold for a record $199.32 per square foot as prices for industrial investment properties continue to escalate. San Francisco-based Stockbridge Real Estate paid $47.8 million for Interpark Industrial Center, a two-building, 239,816-sf property on 16.13 acres at 11325 Main St. and 11380 Reed Way. United Properties developed…
Kris Oppermann Stern
March 2, 2020Industrial Outdoor Ventures buys two Adams County sites
A Chicago company that invests in outdoor storage facilities has acquired approximately 30 acres in Commerce City for $11.56 million. Industrial Outdoor Ventures bought 21.32 acres at 10600 Havana St. and 11.88 acres at 8780 E. 93rd Place. Both sites have heavy industrial zoning and will be developed with an emphasis on outdoor storage. Newmark…
Kris Oppermann Stern
March 2, 2020Former Denver Medical Depot to undergo adaptive reuse, designed by Tryba Architects
Tryba Architects is the lead designer in the renovation and adaptive reuse of the former Denver Medical Depot, which is located at East 38th Avenue and Steele Street in Denver’s Clayton neighborhood. ScanlanKemperBard recently purchased the 482,700-square-foot industrial warehouse, which sits on a 32-acre site, for $76.6 million. Hyder Construction is the general contractor tapped for the project, which will begin this spring.
Kris Oppermann Stern
March 1, 2020