Comp of the Day handshake image

Denver-based DCT Industrial acquires 14.6 acres

Adams County Property Location: NE/S East 40th Avenue, 500’ east of Salida Street & East 40th Avenue intersection, Aurora (no apparent frontage, just easement access) Property Description: Vacant land Land Size: 14.6 acres* Sales Price: $1.5M Reception No.: 2016000065911 Closing Date: 8/19 Grantor: KKAM LLC, Kedar Morarka & Keith R. Arnold, mgrs., 303-576-9477 Grantee: DCT Summit…

John Winslow

September 1, 2016

CBRE: Northern Colorado commercial real estate strong across the board

Overall fundamentals in Northern Colorado's commercial real estate market are encouraging with record or near-record low vacancy rates and positive net absorption in all three sectors: Record low vacancy and availability indicates demand for new office space. Near record low vacancy elevates industrial lease rates. Direct retail vacancy declined to 3.6%, 10 basis points off the…

CREJ

August 31, 2016
Comp of the Day handshake image

Opus closes on 6.4 acres 122,500-sf spec industrial building

Adams County Property Location: SE/S E. 36th Drive, 500 feet NE of Odessa Street Property Description: Vacant land Land Size: 279,167 sf Sales Price: $1.12M, or $4 per sf Reception No.: 2016000065911 Closing Date: 8/10 Grantor: 1435 Pearl Street Apartments LLP, Michael M. Wafer, mgr. Grantee: Opus Development LLC, Peter Coakley, SVP, 303-515-8800 Comments: Lot 2,…

John Winslow

August 26, 2016
Comp of the Day handshake image

Becknell Industrial from Indianapolis enters the Denver market with plans for spec warehouse

Adams County Property Location: SEC E. 19th Ave. & Picadilly Road, also fronts northeast corner of Picadilly and Interstate 70, Aurora Property Description: Vacant land Land Size: 19.21 acres Sales Price: $3.45M, or $4.12 per sf Reception No.: 2016000063460 Closing Date: 8/4 Grantor: Prologis Park 70 Land Venture LLC, Megan Robert, SVP Grantee: 19th Avenue Aurora…

John Winslow

August 24, 2016
Majestic Commercenter

Majestic launches huge development project

Fueled by a continuation of favorable local and national market conditions, including historically low vacancy rates, as well as a prelease of a 452,400-square-foot building to Amazon earlier this year, Majestic Realty Co. plans to build what will be the largest, single-phase speculative industrial development in the state’s history, according to industry experts. The developer…

CREJ

August 15, 2016
3400 Industrial

Broomfield flex/office building sells in $6.92M transaction

A multitenant flex/office building on the U.S. Highway 36 corridor in Broomfield sold to an investment group for $6.92 million. The transaction included the 60,437-square-foot building at 3400 Industrial Lane and approximately nine acres for additional development. The building is 100 percent leased to tenants including Harvest Bible Chapel, Warrior Challenge Arena, Sundew Technologies, Just…

Jill Jamieson-Nichols

August 15, 2016

Wal-Mart buys big parcel near airport

Wal-Mart has acquired just under 169 acres of land next to Denver International Airport for $13.6 million, according to public records. While neither the retailer nor those involved in the transaction would comment, talk among Denver area industrial brokers is that Wal-Mart will build a sizable e-commerce fulfillment center on the property. The site is…

Jill Jamieson-Nichols

August 15, 2016
Winslow Report

Winslow Report 8-17-16

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of WinComps…

John Winslow

August 15, 2016
Winslow Report

Winslow Report 8-3-16

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…

John Winslow

August 1, 2016

CBRE: 1.5 million sf delivers as investment sales pricing skyrockets

For Q2 2016, the Denver industrial market experienced stabilization in key fundamentals while continuing to see strong investor demand land pricing, according to CBRE. The strength of the local and regional economy along with rapid population growth continues to drive expansion of this cycle’s key industrial demand drivers, such as food and beverage production and construction materials industries in addition to the…

CREJ

July 21, 2016