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-Nichols

July 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-Nichols

July 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 Hayes

June 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 Hayes

June 22, 2019
Majestic Commercenter

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.

CREJ

June 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-Nichols

June 1, 2019
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