Denver signs long-term lease for central I-70 property
A year to the day after acquiring a large, vacant industrial building on the central Interstate 70 corridor, Denver-based Streech Properties Inc. leased the property to the city and county of Denver. “When we bought this property, it was a play on all the changes in the neighborhood, between Central 70 and the National Western,”…
Jill Jamieson-NicholsSeptember 20, 2019
Etkin Johnson snags tenant for 136,610-sf spec building
Etkin Johnson Real Estate Partners signed a tenant for a new 136,610-square-foot speculative industrial/flex building at Louisville Corporate Campus, prompting construction of a second building in the campus. Charlotte’s Web Holdings Inc., a cannabidiol products company, signed a 10-year lease for 700 Tech Court. Dawn McCombs and Justin Rayburn of Avison Young represented the tenant.…
Jill Jamieson-NicholsAugust 22, 2019
Panasonic Enterprise building trades for $22 million
Panasonic Enterprise Solutions “smart building” home near Denver International Airport recently sold for $22 million.
CREJAugust 1, 2019
Westside Investment pays $16.5M for redevelopment site
Redevelopment is in store for an industrial property on an emerging corridor near downtown Denver.
Jill Jamieson-NicholsJuly 13, 2019
Opus to develop 264,000 square feet of industrial at Dove Valley
The Opus Group will bring 264,000 square feet of industrial space in two buildings to Dove Valley Business Park.
Jill Jamieson-NicholsJuly 4, 2019
NorthMarq arranges $26.3 million loan
An office/flex property in Longmont was the subject of a $26.3 million bridge loan. Bryan Leonard, senior vice president/managing director of NorthMarq’s San Antonio-based regional office, secured the loan for the Creekside Business Park. The 257,266-square-foot property is located at 1921 Corporate Creek Circle, 1811 Pike Road and 1900 S. Sunset St. NorthMarq arranged financing…
Jennifer HayesJune 30, 2019
Sierra Nevada, TMC sign on at Airport Business Center
It’s not only near occupancy for the Airport Business Center but also Colorado Springs’ industrial market. Two long-term leases totaling almost 75,000 square feet recently were signed at the four-building, more-than-210,000-sf industrial park at Aviation Way and Zeppelin Road – deals indicative of the level of activity in Colorado Springs’ industrial market. “As soon as…
Jennifer HayesJune 22, 2019
Online shopping brings more demand for distribution centers
It’s the late ’90s. The retail landscape is defined by big-box stores, one-stop shops where consumers can find everything they need.
CREJJune 7, 2019
Shamrock Foods buys land for building
Shamrock Foods has acquired just over 116 acres of land at Majestic Commercenter in Aurora for construction of a new distribution facility. The company, which currently leases space at the master planned industrial park, bought the property from a Majestic Realty Co. affiliate for $30.35 million, or $6 per square foot, according to Adams County…
Jill Jamieson-NicholsJune 1, 2019
Forum buys food processing/distribution center for $24.5M
Denver-based Forum Real Estate Group paid $24.5 million for a central Denver food processing and distribution facility that would be nearly impossible to replicate. Western Food Center, located on 11.82 acres at 5120 and 5140 Race Court in Denver, is a 198,970-square-foot freezer/cooler facility next to the National Western Center redevelopment. It is the first…
Jill Jamieson-NicholsApril 14, 2019