Lincoln Property launches Ascent Commerce Center near DIA

Lincoln Property Co., in partnership with a private real estate fund advised by Crow Holdings Capital, has broken ground on a 594,400 square foot speculative industrial development in Commerce City. Ascent Commerce Center is a Class A warehouse/distribution center on a 33.2-acre site at Tower Road and East 84th Avenue. The three-building, approximately $55 million…

Jill Jamieson-Nichols

April 16, 2020

Investment adviser pays $10 million for southeast asset

A Chicago-based real estate investment adviser secured a southeast suburban industrial building in a $10 million transaction. Lincoln Advisory Group, through Columbia Industrial Acquisition Company LLC, purchased the 63,550-square foot property at 8644 S. Peoria St. in Englewood. The seller was Gordon Development LLC, which is affiliated with the building’s anchor tenant, Gordon Plastics LLC.…

Jill Jamieson-Nichols

April 13, 2020

Industrial building on Santa Fe corridor trades for $7.76 million

A local buyer acquired a large industrial building along the Santa Fe corridor in Denver with an eye on transforming a portion of it into a sports facility for youths from low-income neighborhoods. A group led by Bill Bivens of Gibraltar Property Management purchased the 95,063-square-foot building at 1377-1401 S. Jason St. for $7.76 million.…

Jill Jamieson-Nichols

April 5, 2020

Denver industrial building trades in $4.14M sale-leaseback

An industrial building off of South Santa Fe Drive in Denver traded for the full asking price of $4.14 million in a sale leaseback. PB Enterprises LLC sold the 31,357-square-foot building at 2401 S. Delaware St. and executed a five-year leaseback with two five-year options. Weathersure Systems Inc., a roofing company, occupies the property. There…

Jill Jamieson-Nichols

March 22, 2020

Data center company buys Highfield building for $13.46M

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Jill Jamieson-Nichols

March 15, 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