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3600 Ronald Reagan Blvd.

Manufacturing building goes from pipelines to baked goods

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Kris Oppermann Stern

July 31, 2017
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Castle Rock investors snaps up Dove Valley warehouse for nearly $293 psf

Denver County Address or Location: 7759 S. Wheeling Ct., Englewood Improvements: 25,050-sf industrial building, YOC 2012, concrete Land Size: 8.744 Acres Date of Recording: 7/3 Reception No. D7074550 Price: $7.33M, or $292.62 psf Grantor: BDC II, Craig R. Benes & Chris Reynolds, mgrs., 303-741-4500 Grantee: PTREH LLC, Michael W. Evans, mgr. Financing: $5.49M, due 7-3-27,…

John Winslow

July 25, 2017
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Land for proposed FedEx building trades

Adams County Address or Location: 8871 Yosemite St., Commerce City Land Size: 3.214 acres Date of Recording: 6/29 Reception No. 55996 Price: $1.8M, or $213.06 psf Grantor: Rocky Crest Enterprises LLC, William Kinney, mbr. Grantee: FedEx Ground Package System Inc. Financing: Cash Comments: Proposed new FedEx Building, see APN: 1721-21-0-05-025 Comp of the Day is…

John Winslow

July 20, 2017
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Southwest Denver user building sells for $898,000

Denver County Address or Location: 1375 W. Alameda Ave., Denver Improvements: 4,910-sf industrial building, YOC 1949 Land Size: 38,094 sf Date of Recording: 7/6 Reception No. 2017090257 Price: $898,000 or $23.57 psf land value Grantor: Valverde LLC, Lee E. Renner, mgr., 303-825-3435 Grantee: H&L Holdings LLC, Wu Mei Li, mgr., 4929 S. Coors Ct., Morrison…

John Winslow

July 18, 2017
Gateway Plaza

Small-tenant industrial park trades in $10.95 million deal

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Kris Oppermann Stern

July 17, 2017
4990 Ironton

Manufacturing facility acquired for $8.33 million

A manufacturer of plastic bottles and packaging sold its Denver manufacturing facility for $8.33 million in a highly competitive leaseback deal. Amcor Rigid Plastics USA LLC sold the rail-served property at 4990 Ironton St. in Denver to Realty Income Properties 19 LLC. The buyer is an affiliate of Realty Income, a national real estate investment…

Kris Oppermann Stern

July 17, 2017

CBRE: Construction remains active in Denver’s industrial market

Several new projects will break ground this quarter, totaling 1.6 million square feet. The trend is expected to continue throughout the year, and demand for large blocks of Class A space continues to grow.[vc_column width="1/3"][vc_column width="1/3"]

CREJ

July 12, 2017
construction

Labor shortage on tap for CREW panel discussion

The construction labor shortage crisis along the Front Range is poised to get worse. Commercial real estate industry officials anticipate needing about 50,000 more qualified people in the trades during the next year. “That’s pretty significant,” said Karla Nugent, chief business development officer at the Weifield Group. Construction workers last year are shown working on…

Kris Oppermann Stern

July 12, 2017
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Trammell Crow acquires 132-acre site for huge fulfillment center in Thornton

Adams County Property Location: Northeast corner of Interstate 25 and East 144th Ave., Thornton, “proposed Amazon fulfillment center” Property Description:  Vacant land, plan to build 2.4 million-square-foot facility for Amazon Land Size: 132 acres Sales Price: $22.59M, or $3.93 psf Reception No.: 49846 2017 Grantor: Thornton Investments LLC, Gregory G. Fulton, mgr., 303-694-0862 Grantee: 144 Bull…

John Winslow

July 10, 2017

Upslope Brewing buys East Boulder brewery, taproom

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Kris Oppermann Stern

June 30, 2017