South Denver warehouse closes for $101.10 per square foot
Denver County Property Location: 2401 S. Delaware St., Denver Property Description: 31,357-sf warehouse, includes 1,357 sf of office space, YOC 1967, masonry Land Size: 1.12 acres Sales Price: $2.06M, or $101.10 psf Reception No.: D7015801 Grantor: Kenton C. Ensor Grantee: PB Enterprises LLC, Barry A. Hamilton & Phillip L. Owens, mbrs., 303-864-0556, www.redcanyonsoftware.com Closing Date: 2/8 Financing: $2.13M payable…
John Winslow
February 23, 2017
Amazon likely to grow alongside competitors, suppliers
Amazon’s 1 million-square foot fulfillment center in Aurora will be one of the biggest buildings ever built in Denver, but it won’t be the last. Even for Amazon. Industrial real estate experts say the push by Amazon, WalMart and others to get online product orders to customers fast means more e-commerce buildings will pop up,…
Kris Oppermann Stern
February 13, 2017
Pacific Acquisitions affiliate buys GE building
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Kris Oppermann Stern
February 13, 2017
HFF arranges $73M loan to refinance portfolio
Holliday Fenoglio Fowler LP arranged the loan for the 14-building portfolio comprising 1.93 million sf of Class A distribution/warehouse space.
Jolene Wollett
February 12, 2017
Marijuana laws haven’t scared employers
Economic development guru Tom Clark was worried that when recreational marijuana could legally be sold in Colorado, it would snuff out the strong economic surge sweeping the Front Range. “We were terrified,” said Clark, the CEO of the Metro Denver Economic Development Corp., a post he will be leaving when he retires in March. Clark…
Kris Oppermann Stern
February 9, 2017
Owner of Nylund’s Collision snag the body shop/garage for $2.31 million
Arapahoe County Property Location: 4495 S. Santa Fe, Englewood Property Description: 16,150-sf warehouse, YOC 1985, metal Land Size: 1.56 acres Sales Price: $2.31M, or $143.03 psf Reception No.: D7008591 Grantor: MSL 4435 LLC, Mark Goodman & Paul Schneider, mgrs. Grantee: Unlimited Future LLC, Robert E. Grieve, 9496 Sand Hill Pl, Highlands Ranch 80126 Closing Date: 1/23 Financing: $2.41M payable…
John Winslow
February 8, 2017
Viewhouse owner acquires Littleton redevelopment site for $1.8 million
Arapahoe County Property Location: 5789 S. Curtice St. & 5788 S. Rapp St., Littleton Property Description: 13,124-sf warehouse, YOC 1901, wood; 3,500-sf retail building, YOC 1957, brick; 2,920-sf warehouse, YOC 1950, wood (total 19,544 sf) Land Size: 38,725 sf Sales Price: $1.8M, or $46.48 psf (land value) Reception No.: D7008125 Grantor: Mason & Associates, Kristine Mason, mbr. Grantee:…
John Winslow
February 7, 2017
Denver investors Herzog & Gittelman acquire Arvada industrial building
Jefferson County Property Location: 6770 W. 52nd Ave., Arvada Property Description: 27,848-sf industrial building, YOC 1998, concrete tilt-up construction Land Size: 2.34 acres Sales Price: $3.25M, or $116.70 psf Reception No.: 2017009378 Grantor: En-Sim Partnership LLP, Douglas S. Simons, gen. ptnr., 970-683-2480 Grantee: BKramer REI LLC & Arvada Flex 2016, Steven S. Gittelman, mgr., c/o J. Herzog &…
John Winslow
February 6, 2017
Sierra Nevada leases 101,000 square feet at CTC
Etkin Johnson Real Estate Partners, a Denver-based developer, has leased 101,000 square feet of industrial space to Sierra Nevada Corp. The speculative flex building, located at 2000 Taylor Ave. in the Colorado Technology Center in Louisville, was completed in late 2016. The facility has an environmentally friendly design including green features such as an energy efficient HVAC system, skylights…
CREJ
February 2, 2017
Smucker to build sandwich manufacturing facility
The J.M. Smucker Co. will build an additional Smucker’s Uncrustables sandwiches manufacturing facility in Longmont. Construction of the facility will start in spring 2017 with production expected to begin in calendar year 2019. Neither the location nor size of the facility was released. Construction is contingent on the approval of tax and business incentives and the closing…
CREJ
January 31, 2017
