DPC Cos. buys 4601 DTC from longtime owner LBA Realty

LBA Realty parted with a Class A office building that it had owned for more than 20 years. LBA sold 4601 DTC Blvd. to Denver-based DPC Cos. for $46 million. The 249,449-square-foot building is located in the northern end of the Denver Tech Center, an area in which DCP has been active over the last…

Jill Jamieson-Nichols

March 30, 2020

TerraCap buys Cherry Creek Plaza at $54.5 million

TerraCap Management LLC continues to build its Denver portfolio, acquiring Cherry Creek Plaza I and II for $54.59 million, or $162.93 per square foot. The 335,059-sf office property is the Florida-based company’s third acquisition in just over six months. TerraCap bought Denver Corporate Center II and III for $71.71 million last August, following up with…

Jill Jamieson-Nichols

March 29, 2020

Interlocken office building changes hands

A diverse group of investors purchased a multitenant flex/research-and-development building in Broomfield in an $11.2 million transaction. The 65,127-square-foot building at 295 Interlocken Blvd. was 100% occupied by tenants that include environmental consulting firm SWCA Inc., software company Nutrislice Inc. and a variety of other tenants in the technology, food and transportation industries. Silverwood Investments…

Jill Jamieson-Nichols

March 20, 2020

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…

Jill Jamieson-Nichols

March 15, 2020

Industrial 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…

Jill Jamieson-Nichols

March 7, 2020

NexGen acquires big block of vacant industrial space

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Jill Jamieson-Nichols

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…

Jill Jamieson-Nichols

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…

Jill Jamieson-Nichols

March 2, 2020

Focus pays $54 million for Triad at Orchard Station

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Jill Jamieson-Nichols

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,…

Jill Jamieson-Nichols

February 28, 2020