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Unique Properties handles $13.8 million 1031 exchange

Adams County Property Location: 3728-3730 Wheeling St., Aurora Property Description: 121,400-sf (7-building) multitenant industrial complex, YOC 1974, concrete panel construction Land Size: 11.811 acres Sales Price: $9.5M, or $314.71 psf Reception No.: 201700081029 Closing Date: 9/15 Grantor: Wheeling Service Center LLC, M. Dennis Niernberg, mgr. Grantee: Nueva Americana III LLC, 6201 W. 26th Ave., Edgewater…

John Winslow

October 10, 2017

Industrial property with lots of tenants sells to apt. owner

A multifamily property owner turned out to be the “logical” buyer for an industrial property in Aurora that sold off-market. In its first industrial acquisition, Nueva Americana III LLC bought Wheeling Service Center for $9.5 million. Located off Interstates 70 and 225, the property consists of seven multitenant industrial buildings totaling 121,400 square feet that…

Kris Oppermann Stern

October 9, 2017
633 CTC

Etkin Johnson leases CTC spec building, launches another 400,000 sf

Etkin Johnson Real Estate Partners leased a new 153,018-square-foot speculative building at the Colorado Technology Center in Louisville, triggering construction of a 400,000-sf industrial/flex campus at CTC. The new speculative three-building industrial/flex campus – dubbed Louisville Corporate Campus at CTC – will be constructed on a 33.12-acre parcel purchased by the company and annexed into the…

CREJ

October 4, 2017
Crossroads Building 2

Crossroads signs leases for 290,742 square feet

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

October 2, 2017
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Minneapolis developer buys 122 acres for Brighton industrial park

Adams County Address or Location: South side of East 160th Ave., ¼ mile east of Interstate 76, Brighton,m “76 Commerce Center Improvements: Vacant land Land Size: 122 acres Date of Recording: 8/31 Reception No. 2017000075433 Price: $8.26M, or $4.54 psf Grantor: King Paul I LLC, Paul T. DeCrescentis, mgr., Jacobs Colorado LLC (64%) & Ives…

John Winslow

September 25, 2017
North Park flex

Speculative flex/industrial space to be part of budding North Park

The first commercial building will emerge soon at North Park in Broomfield, and it’s only a small part of things to come. The 152,761-square-foot flex building isn’t being built in isolation but rather as a component of the 1,100-acre master-planned community stretching from the Northwest Parkway to Highway 7 on the west side of Interstate…

Kris Oppermann Stern

September 18, 2017
76 Commerce Center

New industrial park to go head-to-head with I-70 corridor

Metro Denver’s next big industrial park will be in Brighton. The 122-acre 76 Commerce Center will create up to 1.8 million square feet of speculative Class A industrial space on the Interstate 76 corridor, starting with a 266,240-sf building to break ground this year. Going head-to-head with Denver’s Interstate 70 industrial corridor, the development is…

Kris Oppermann Stern

September 17, 2017
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Jeffco warehouse investment is acquired by Dallas investor for $20 million

Jefferson County Address or Location: 16163 W. 45th Ave., Golden Improvements: 192,500-sf single-story warehouse building, YOC 1998, masonry Land Size: 10.967 acres Date of Recording: 8/11 Reception No.: 2017084119 Price: $20M, or $103.90 psf Grantor: TPRF III/Table Mountain LLC, Mary M. Hager, GP of Thackeray Partners Grantee: Colfin 2017-10 Industrial Owner LLC, 972-893-7000 Financing: Cash…

John Winslow

September 6, 2017

Roski thrilled by industrial development

It’s a lot to live up to if you named your real estate company Majestic. “I didn’t name it that. My dad did,” Ed Roski Jr., owner of Southern California-based Majestic Realty Co., told me last week in an exclusive interview. I wasn’t surprised that Roski didn’t choose the name of the company, the largest…

Kris Oppermann Stern

September 6, 2017
Table Mountain Commerce Center

Coors Tech Center industrial building fetches $20 million

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

September 4, 2017