How properties are managing through COVID-19
As the repercussions of COVID-19 began to unfold, CBRE – and the world – saw building after building close in quick succession. Property managers rushed skillfully in the flurry of closings to identify crisis procedures and plan what
CREJ
October 4, 2020Industrial property sells as part of national portfolio deal
Ascent Commerce Center, a speculative Class A warehouse/ distribution center in Commerce City, was sold as part of an eight property, 4.7-million-square-foot industrial portfolio to PGIM Real Estate. Crow Holdings’ […]
Jolene Wollett
September 21, 2020Local buyer acquires Johnstown asset for $11.3M
A triple-net-leased Johnstown asset sold for $11.3 million to a Colorado-based buyer. Trailer Source Inc. purchased the 129,300-square-foot, institutional-grade industrial/retail property at 4777 Marketplace Drive from seller 6701 Marketplace Dr […]
Kris Oppermann Stern
September 14, 2020Trio of Highfield Business Park buildings sell
A trio of recently completed industrial buildings in the 100- acre Highfield Business Park recently sold, capping off the developing partnership’s $100 million venture. Development partners Bradbury Properties and Confluent […]
Jolene Wollett
September 6, 2020Subaru signs 550,000-sf lease at Majestic Commercenter
Subaru of America inked a long-term, 550,000-square-foot lease at Majestic Commercenter – driven to the park’s amenities and ability to expand to a larger location. The carmaker signed the lease […]
Jolene Wollett
August 31, 2020Vacant Salvation Army facility sells for $6M to developers
A longstanding flex property in Globeville sold to a buyer experienced in redevelopment. Wolf | Stutz Investments, headed by developers Ken Wolf and Ari Stutz, whose prior projects have included […]
Jolene Wollett
August 23, 2020Pepsi lease kicks off Pecos Logistics Park
PepsiCo’s lease has popped the top on the Pecos Logistics Park project. PepsiCo Beverages North America signed a 283,500-square-foot lease at the 66-acre infill logistics park under construction at the […]
Jolene Wollett
August 17, 2020EverWest, Invesco acquire 25 North spec industrial project
Denver-based EverWest Real Estate Investors purchased 25 North, a speculative industrial project designed to meet North Denver’s need for move-in-ready, Class A space. EverWest purchased the two-building, 219,200-square-foot property as […]
Jolene Wollett
August 10, 2020Louisville industrial property sells for $49M
A fully occupied multitenant industrial property in Louisville sold for $49 million. Berkeley Partners purchased the 411,485-square-foot building at 333-335 Centennial Parkway from sellers DPC Cos. and Long Wharf Capital. […]
Kris Oppermann Stern
August 3, 2020Activity, leasing ramping up at Majestic Commercenter
Shamrock Foods has begun construction on its 1.3-million square-foot complex at Majestic Commercenter – part of more than 2 million sf of industrial warehouse and distribution activity at the nearly […]
Jolene Wollett
July 27, 2020