Last-mile logistics facility in Thornton trades for $57 million

A last-mile logistics facility in Thornton sold for $57 million. Illinois-based Inland Real Estate Group purchased the Class A, 151,668-square-foot distribution facility on more than 19 acres at 900 E. 128th Ave. in Thornton as a long-term hold. The Opus Group, a full-service development, design and construction real estate firm headquartered in Minneapolis, sold the […]

Jennifer Hayes

December 21, 2020

Despite slowdown, market already picking back up

The COVID-19 pandemic and its associated shutdowns have had a large impact on the commercial real estate world. Through the first three quarters of 2020, industrial product has experienced a slowdown in

CREJ

December 21, 2020

HighPoint park reaching new heights

HighPoint is readying to reach new heights. The Aurora industrial and logistics park is more than doubling in size as its developers not only are adding to the property’s footprint but also are set to break ground on the first building of what could be a more than 5 million-square foot development at build out. […]

Jennifer Hayes

December 14, 2020

2020 industrial market: Back to the future?

The industrial distribution and manufacturing markets have existed as long as commercial real estate has been around. From the 1700s to 2020s, there has been a continuous need for buildings that focus on

CREJ

December 14, 2020

Loveland industrial campus sells for $15.5M

The Rocky Mountain Center for Innovation and Technology is under new ownership following a $15.5 million sale of the multibuilding campus. RMCIT LLC purchased the 811,817-square-foot, Class B office/flex industrial campus in Loveland from Kentucky based seller Cumberland & Western Resources LLC. Mike Eyer, Mike Camp, Julius Tabert and Greg Haynes of CBRE represented the […]

Jenna Walters

December 7, 2020

Two-property Boulder industrial portfolio sells for $7.9M

The Boulder properties in a two-property industrial portfolio sold to separate buyers for a combined $7.9 million. Working on behalf of the related entities 7077 Winchester LLC and 5735 Arapahoe LLC, Jaimee Keene, Rick Egitto and Taylor Doyle of Avison Young marketed the industrial properties at 7077 Winchester Circle and 5735 Arapahoe Ave. as a […]

Jenna Walters

December 7, 2020

Greenhouse sells for $13.5 million

A state-of-the-art marijuana building/grow operation in Denver recently sold for $13.5 million. Enidron 43 LLC purchased the 36,188-square-foot building at 5290 E. 43rd Ave. from CO E43 LLC. The seller bought the undeveloped land in 2016 and, with future tenant, Lightshade Labs, built the property to suit, according to Fuller Real Estate. Lightshade Labs signed […]

Jennifer Hayes

November 30, 2020

McWhinney secures multiple tenants to Centerra Industrial

Three tenants newly secured at McWhinney’s Centerra Industrial campus will occupy their spaces in the coming months. Tenants Geary Pacific Supply, NORCO Volleyball Club and a major home improvement retailer, which representatives declined to name, will soon occupy spaces in buildings V and VI of Centerra Industrial. The six-building industrial campus is located at McWhinney’s […]

Jenna Walters

November 23, 2020

Ace Hardware lease one of largest in airport submarket

Ace Hardware Corp.’s lease at Airport Distribution Center 3 is one of the largest new leases in the airport submarket this year – one of a number of recent industrial lease transactions handled by CBRE. Ace Hardware leased 128,982 square feet of space at Airport Distribution Center 3 at 15965 E. 32nd Ave. in Aurora. […]

Jennifer Hayes

November 23, 2020

Zynex Inc. signs full-building lease

A leading provider of high quality electrotherapy products inked one of the year’s largest industrial leases in the southeast submarket. Zynex Inc. signed a full-building lease at the property in the Compark Business Campus at 14800 Grasslands Drive in Englewood. It leased the 50,488-square foot property on a long-term basis. “We are pleased to add […]

Jennifer Hayes

November 8, 2020