Kennedy Wilson fund acquires $116 million portfolio
Kennedy Wilson Fund VI, a commingled fund managed by Kennedy Wilson, has acquired a three-property commercial portfolio totaling 661,000 square feet of office, industrial and data center space for $116 million. The institutional-quality commercial campuses located in southeast Denver and Aurora expand Kennedy Wilson’s footprint in rapidly growing markets across the Western United States.
CREJ
December 30, 2019Broe Group looks to redevelop prime Cherry Creek real estate
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Kris Oppermann Stern
December 29, 2019SunCap, Colony to develop spec industrial
A new industrial park with great freeway access is coming to yet another former Denver area greenhouse property. SunCap Property Group and Colony Industrial, a subsidiary of Colony Capital, bought the Welby Gardens property at East 74th and Clayton Street in Adams County to develop North Central Logistics Center. The development will include 640,995 square…
Kris Oppermann Stern
December 28, 2019Edge 470 underway with delivery set for third-quarter 2020
Etkin Johnson Real Estate Partners has broken ground on the first phase of Edge 470, a 334,000-square-foot industrial/ flex campus near E-470 and Chambers Road in Parker. Scheduled for completion in the third quarter, Phase 1 consists of two approximately 80,000-sf buildings on 12.8 acres. “Every detail of Edge 470 is designed to give tenants…
Kris Oppermann Stern
December 27, 2019Denver releases draft RFP for National Western Center Triangle Project
The city and county of Denver’s Performance Based Infrastructure Office is taking the next step toward developing the southeast side of the National Western Center campus, known as the Triangle Project, with the initial release of a draft request for proposals. The Triangle refers to a triangle-shaped, 60-acre area on the southeast side of the National Western Center campus.
CREJ
December 17, 2019Florida buyer adds Tuscany Village Center to portfolio
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Kris Oppermann Stern
December 16, 2019Berkeley Partners sells Moncrieff Business Center for $9.9M
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Kris Oppermann Stern
December 16, 2019Mountain bike manufacturer Yeti to grow to 58,950 sf
High-end mountain bike manufacturer Yeti Cycles signed a lease for a 28,650-square-foot flex building at Corporate Center in Golden with plans to expand its corporate headquarters to nearly 60,000 sf. Yeti, which occupies 30,300 sf at 621 Corporate Circle, will grow into the new space at 611 Corporate Circle in early 2021. Approximately 60 employees will work within the two facilities.
Kris Oppermann Stern
December 16, 2019Plumbing supplier to build 450,000 sf
The country’s largest provider of commercial and residential plumbing supplies will build a 450,000-square-foot warehouse/distribution facility on 53 acres it bought from Prologis for $14.05 million. Newport News, Virginia based Ferguson Enterprises will start construction on the building at Prologis Park 70 near E-470 and East 19th Avenue by the end of the month. The…
Kris Oppermann Stern
December 16, 2019Perlmutter launches office building in River North
Paradigm River North, with 192,000 square feet of creative space, is the latest office building planned for River North. The eight-story building by Jordon Perlmutter & Co. is targeted for a 31,255-sf site at 3400 Walnut St. It will feature 25,000-sf floor plates, 12,000 sf of curated ground floor retail/restaurant space, and extensive private terraces and balconies.
Kris Oppermann Stern
December 7, 2019