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Centerra 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, 2020

Industrial 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, 2020

Industrial 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, 2020

Focus pays $54 million for Triad at Orchard Station

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

February 29, 2020

NAIOP Colorado awards honor industry professionals, top projects of 2019

The new Mission Ballroom in the River North Art District received top honors as Development Deal of the Year at NAIOP Colorado’s annual Awards of Achievement in Denver Thursday evening. The 60,000-square-foot concert venue developed by Westfield Company Inc. and AEG Presents was among numerous projects completed in 2019 that were recognized at the event,…

Kris Oppermann Stern

February 28, 2020

SKB joins Downtown Englewood revitalization team

Following an 11-month competitive process, the city of Englewood selected Portland-based ScanlanKemperBard Cos. as the preferred master developer for the city to partner with in redeveloping key portions of Englewood CityCenter. Englewood City Council recently approved an initial exclusive negotiation agreement with SKB. Together, the city and SKB will evaluate opportunities for bringing new hotel, multifamily…

CREJ

February 26, 2020

Denver CRE market in 2020: Where do we go from here?

Steig SewardVice president, client services and analytics,Colliers International “Lower for longer” and “growing but slowing” have been used to describe the direction of the economy and commercial real estate market in 2020. But are these just catchy phrases used by optimistic economists and brokers, or are they describing a new reality? Historically people have looked…

CREJ

February 21, 2020

Renewable energy company takes 23,215 sf in Windsor

A second renewable energy company leased space in a 62,280-square-foot industrial building in Diamond Valley Tech Center in Windsor. Bold Renewables, an Advanced Energy carve-out that services and maintains solar central inverters, signed a seven-year lease for 23,215 sf at 840 Diamond Valley Parkway. Vestas Wind Systems also is a tenant in the building. Bold…

Kris Oppermann Stern

February 20, 2020

Earth Treks building in Englewood sells for $16.15 million

A 92,080-square-foot building that houses North America's largest climbing gym and two industrial tenants sold for $16.15 million. Monterey, California-based Call Family Trust bought the building at 1050 W. Hampden Ave. in Englewood from Ogilivie Properties. The building, formerly Sports Authority's headquarters, was fully renovated in 2018. It is 100% leased to Earth Treks, which…

Kris Oppermann Stern

February 19, 2020

Longmont’s South Main Station takes shape

South Main Station Apartments is opening its doors in downtown Longmont, building on significant investments – and paving the way for additional amenities – in that part of the city. The 253-unit apartment community, with frontage on Main Street, is a major milestone for South Main Station, the redevelopment of the 26-acre former Butterball turkey…

Kris Oppermann Stern

February 17, 2020