Last-mile logistics facility in Thornton trades for $57 million

A last-mile logistics facility in Thornton sold for $57 million. Illinois-based Inland Real Estate Group purchased the Class A, 151,668-square-foot distribution facility on more than 19 acres at 900 E. 128th Ave. in Thornton as a long-term hold. The Opus Group, a full-service development, design and construction real estate firm headquartered in Minneapolis, sold the […]

Jennifer Hayes

December 21, 2020

Buyer picks up Parker shopping center for $5M

A Parker shopping center traded hands to a local investor for $5.41 million. Renco Properties purchased Parker Plaza, the 34,060-square foot neighborhood shopping center located at 10401 S. Parker Road, from seller Cactus Moon Parker LLC. Jon Hendrickson and Mitch Veremeychik with Cushman & Wakefield were transaction brokers in the sale. According to Veremeychik, the […]

Jenna Walters

December 20, 2020

Office tenant signs two-story lease at DTC development

A health care tenant is the first to secure office space at a nearly completed, mixed-use development in the Denver Tech Center. Ryan Stout, Nathan J. Bradley and Zachary T. Williams of Cushman & Wakefield secured the most recent tenant, LogistiCare Solutions LLC, at 6900 Layton St. at Belleview Station, a building under construction in […]

Jenna Walters

September 28, 2020

Food hall concept shows promise following pandemic

As states, including Colorado, begin to reopen following the lifting of nationwide stay-at-home orders, customers are demanding a shift toward experiential dining. In May, Cushman & Wakefield released a report detailing the impacts that COVID-19 has had on food and beverage establishments. While traditional dine-in restaurants have been most vulnerable to the challenges brought on […]

Jenna Walters

June 19, 2020

Black Creek Group buys in Montbello

A Denver-based real estate investment management firm grew its local holdings with its purchase of a second-generation industrial building in the Montbello Industrial Park. Black Creek Group paid $12.25 million, according to public records, for the 151,929-square-foot building on 6.21 acres at 5000 Lima St. in Denver. “Black Creek has been a big fan of […]

Jennifer Hayes

May 4, 2020

Petersen joins Cushman & Wakefield

Erik Petersen joined Cushman & Wakefield as its new director of Project & Development Services in Denver.

Jennifer Hayes

February 18, 2019

Denver office absorption ranks third among top 50 office markets

The Denver metro area has climbed to third in the country for net absorption of office space, behind only the gateway cities of San Francisco and Midtown Manhattan, New York. “This city is gobbling up office space with the likes of New York and San Francisco, and you offer higher returns,” Kevin Thorpe, Cushman &…

Jill Jamieson-Nichols

November 1, 2018

Office market soaring in Denver

Office envy. The Denver area’s office market is approaching a decade of expansion and likely will continue to be one of the top office markets in the U.S. “Denver’s office market continued full steam ahead in its ninth straight year of expansion,” according to a recently released second quarter research report from Newmark Knight Frank.…

John Rebchook

August 22, 2018

Newmont Mining leaving HQ space

Newmont Mining Corp., the world’s largest gold producer, plans to vacate its current world headquarters in Greenwood Village – but not right away. Newmont, which has a market cap of almost $20 billion, plans to leave the 233,950 square feet it leases in the Palazzo Verdi building in October 2020. Newmont was an original and…

John Rebchook

August 13, 2018

Private partnership bags Aurora center for $19.7 million

The 95,669-square-foot center located at 16901 E. Quincy Ave. is fully leased to a diverse tenant mix, including Vasa Fitness and Dollar Tree.

Jennifer Hayes

April 22, 2018