BKM Capital buys $20.2 million flex park in Inverness
BKM Capital Partners entered the Denver market with the $20.2 million acquisition of 215,268 square feet of flex space in Inverness Business Park. The deal included eight buildings at 14 Inverness Drive East in Englewood. The price, which equates to $93.84 per sf, represents a 57 percent discount to replacement cost, according to Brian Malliet,…
Kris Oppermann Stern
April 22, 2018
Indiana industrial developer snags 38.81 acres in Commerce City
Adams County Location: Vicinity of NEC Buckley Road & East 81stAvenue, Commerce City Improvements: Vacant Industrial Land Land Size: 38.81 acres Date of Recording: 4/4 Reception No.: 2018040286 Price: $5.82M, or $3.44 psf Grantor: DIA Tech Center LLC, C.H. Thompson Company LLC, Christopher H. Thompson, mgr. Grantee: 8251 Quintero Street Colorado Becknell Investors LLC, 2750 E. 146thSt., Suite 200,…
John Winslow
April 19, 2018
IBC sells building & breaks ground on another at Concord
IBC Holdings recently completed the $9.64 million sale of an industrial building at Concord Business Center and will break ground this month on an identical building in the master-planned business park. Gordon Development II LLC paid $151.65 per square foot for Concord Building 5, a 63,550-sf building at 8644 S. Peoria St. in Englewood. The…
Kris Oppermann Stern
April 13, 2018
As RK moves on, students will examine its Stapleton site
As Stapleton was growing up around it, RK was growing, too. The longtime Denver company now finds its outgrown headquarters, fabrication facility and yard at3800 Xanthia St.sittingalmost island-like among high-end homes. “We are an industrial facility in the midst of half-million-dollar homes,” RK CEO Rick Kinning recently said of the site, which is two blocks…
Kris Oppermann Stern
April 13, 2018
Medley bringing scrap metal biz, good works to Commerce City
George Medley spent his last stint in jail in the Adams County Detention Center in 2004. Today (April 13), Ben Gelt is scheduled to submit plans to Commerce City’s planning commission for Medley’s new home for his Denver Scrap Metal and Recycling - an operation with $12 million in revenues. The jail is less than…
Kris Oppermann Stern
April 13, 2018
Flex space at 14 Inverness Drive East sells for $20.2 million
Arapahoe County Property Location: 14 Inverness Drive East, Englewood Property Description: 105,938-sf flex/industrial, YOC 1974 & 111,125-sf flex/industrial, YOC 1978, concrete construction (total 217,063 sf) Land Size: 14.32 acres Sales Price: $20.2M, or $93.06 per sf Reception No.: D8025643 Closing Date: 3/7 Grantor: 14 Inverness Property LLC c/o Global Pacific Inc., Michael S. Law Grantee: BKM Inverness…
John Winslow
April 9, 2018
High-end mountain bike company rides into Golden
Commencal, a high-end mountain bike manufacturer that originated in Andorra, will move its U.S. headquarters from California to Golden. Cresa represented the company in leasing 8,550 square feet of space, including a 3,500-sf showroom, at 150 Capital Drive, Suites 160-180. “The active lifestyle Colorado is known for, paired with convenient trail access, makes Golden the…
Kris Oppermann Stern
April 8, 2018
Hyde Development, Mortenson break ground on 76 Commerce Center
Officials from Brighton Economic Development Corp., the mayor’s office and Adams County joined Hyde Development and Mortenson to break ground on the first phase of 76 Commerce Center, a 1.8 million-square-foot Class A industrial park in Brighton. The 76 Commerce Center development will bring first-class modern industrial space to Adams County and the Interstate 76…
CREJ
April 6, 2018
Clarion Partners acquires 14-building, 1.9 million-sf industrial portfolio
Adams County Property Location: Gateway Portfolio, 18250 E. 40th Ave., Aurora, et al. Property Description: 14 industrial buildings ranging from 72,000 sf to 347,840 sf, constructed in 1996, 1997, 1998, 2004 and 2015, 1.93M total square feet Land Size: 113.452 acres in 14 parcels Sales Price: $206.15M, or $106.55 psf Closing Date: 3/8 Grantor: Gateway Industrial…
John Winslow
April 4, 2018
Clarion buys Pauls industrial portfolio
Pauls Corp. sold more than $200 million worth of Class A industrial space in Gateway Park in the biggest industrial investment deal ever in the Denver market. The Gateway Park properties, which public records show sold for $206.06 million – or $106.77 per square foot – comprise 1.93 million sf in 14 buildings in Aurora.…
Kris Oppermann Stern
April 2, 2018








