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

Rooted in industrial, Great Western park will branch out

Great Western Industrial Park is rooted in bringing big-name industrial users to Windsor, but it will be branching out just a bit. “There’s been so much growth in Northern Colorado that this is becoming a more desirable, more populated area, and we have room to add services here that we couldn’t have done before,” said…

Jill Jamieson-Nichols

February 22, 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

Industrial asset fetches $197 per square foot

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Jill Jamieson-Nichols

February 16, 2020