5120 and 5140 Race Court

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-Nichols

April 14, 2019

CBRE: Industrial investment, pricing likely to hold up

Coming off a record year of investment sales volume, Denver’s industrial market should continue to hold up well, and a recent CBRE survey backs that up. CBRE’s 2019 Americas Investors Intentions Survey has Denver tied with Atlanta as the fifth most attractive investment market in the Americas for all asset types, and the largest group…

Jill Jamieson-Nichols

April 4, 2019
CBRE chart

Denver among top 5 markets for commercial real estate investment, CBRE survey finds

A recent survey of commercial real estate investors ranked Denver as a top target among Americas metros. Denver advanced for the third year in a row, jumping two spots to tie with Atlanta at No. 5 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found that, in 2019, more…

CREJ

March 22, 2019
1875 and 1923 Taylor Ave.

Freeman Capital buys development site in Colorado Tech Center

A local partnership has acquired one of the last development sites in the Colorado Tech Center in Louisville for construction of an 83,000-square-foot flex building. Freeman Capital Management, led by Andrew Freeman, purchased the 6.8-acre site at 1875 and 1923 Taylor Ave. from Barry Manley for $1.25 million. Freeman is working with RVP Architecture to…

Jill Jamieson-Nichols

January 11, 2019

Denver developer relocates his Porta Power Co. to $6 million industrial facility

Denver County Property Location: 10777 E. 45thAve., Denver Property Description: 56,796-sfindustrial building, YOC 1968, brick Land Size: 4.218 acres Sales Price: $6M, or $105.64 psf Reception No.: 2019001403 Closing Date: 1/4 Grantor: Scott Development Group LLC (Monida F. Scott, mgr.) Grantee: 3939 Williams Building Corp. (Byron Weiss, mgr.), 1717 E. 39thAve., Denver, Financing: Cash Comments: Buyer’s company, Porta Power, will relocate to this…

John Winslow

January 9, 2019

South Carolina firm assembles RiNo properties for $10.1 million

Denver County 1. Property Location: 2620 Walnut St., Denver, "10 Barrel Brewing Restaurant" Property Description: 9,375-sf restaurant, YOC 1929, brick construction Land Size: 9,397 sf Sales Price: $5M, or $533.33 psf Reception No.: 2019000372 Closing Date: 12-20-18 Grantor: North of the Border LLC (Kenneth Wolf, 75%, & Ari Stutz, 25%) Grantee: Rino Edens LLC (Jodie W. McLean,…

John Winslow

January 7, 2019
fedex ctc

Etkin Johnson expands CTC portfolio with delivery of 2 buildings

Etkin Johsnon Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, announced the completion of the new 109,386-square-foot FedEx distribution center at 2035 Taylor Ave. and a 136,610-sf speculative industrial/flex building at 700 Tech Court in the Colorado Technology Center in Louisville. “FedEx’s build-to-suit distribution center will […]

Kris Oppermann Stern

December 28, 2018

Marijuana firm lands warehouse in northeast Denver for $3 million cash

Denver County Property Location: 3215 E 42ndAve., Denver Property Description: 33,194-sf warehouse, YOC 1958, brick construction Land Size: 47,376 sf Sales Price: $3M, or $90.38 psf Reception No.: 2018152019 Closing Date: 11/28 Grantor: Steele Street Partners LLC (David Karas, mgr.) Grantee: Green Drop Colorado LLP (Zac Larsen, mgr.) Financing: Cash Comments: Pt Lots 10-16, 17-24 Block 48, First…

John Winslow

December 28, 2018

Samaritan’s Purse lands Douglas County industrial building

Douglas County Property Location: 8648 S. Peoria St., Englewood Property Description: 63,550-sf industrial building (9,530 sf office area), 20 dock-high doors, two drive-in doors, 24-foot-clear ceiling, ESFR fire sprinklered, YOC 2018 Land Size: 4.765 acres Sales Price: *$10.17M Reception No.: 2018070295 Closing Date: 11/15 Grantor: IBC Holdings (Brian C. Mott, mgr.), 303-674-1300 Grantee: Samaritan’s Purse (Phyllis T. Payne…

John Winslow

December 24, 2018

Westfield lands Rocky Mountain Prestress site

Adams County Property Location: Northwest corner W. 56thAve. & Pecos St., also fronts north and south sides of C&S Railroad right of way (5801 Pecos St.), Denver Property Description: 42,772-sf manufacturing building, YOC 1979; 11,020-sf service garage, YOC 1979; 15,844-sf warehouse, YOC 1979; 11,850-sf office building, YOC 1959, 8,600-sf office building, YOC 1970; 32,544-sf storage…

John Winslow

December 17, 2018