Boulder Biopharmaceutical Facility Expanding
View here KBI Biopharma (KBI), a North Carolina-based biopharmaceutical contract company, is planning a $30 million expansion of its Boulder facility.”These expansions support our vision for growth and create the opportunity to better serve our customers in all areas of the biopharmaceutical industry,” said KBI President Tim Kelly. Courtesy of Google... Read more
Coors to Break Ground on $50M Milwaukee Brewery Expansion
View here Denver’s Molson Coors Brewing Co. will break ground on a $50 million expansion of its Milwaukee brewery on Friday. Construction plans include adding a 119,328-square-foot packaging and warehousing facility as well as 11,360-square-feet of new space on the existing brewhouse building, mostly for storing new brewing tanks. Read more
Two Innovative Tech Companies Sign Leases at Summit at Colorado Technology Center
DENVER – Two ingenious research and development companies have signed leases at the new industrial/flex development Summit at Colorado Technology Center, a new development bringing Class A industrial space to small-bay users in Boulder County — a market seeing a lot of demand but not a lot of development.... Read more
Fort Collins Budweiser Brewery to Receive $28M Investment
View here Anheuser-Busch InBev SA, the world’s largest brewer, will reportedly invest $2 billion through 2020 on major capital expenditures to its U.S. breweries and distribution facilities. Fort Collins Budweiser brewery will receive a $28 million investment – one of the largest in the U.S. — to expand production of... Read more
1,300 New Apartment Units in Denver Plus More Industrial Space
View here Five new complexes totaling nearly 1,300 units were added to the Denver Business Journal’s Crane Watch map, including McWhinney’s 12-story complex called Sova at 19th and Grant and a permit for a 375-unit apartment complex called Vue at Mile High, in the West Colfax neighborhood.Trammell Crow Co. and DCT... Read more
Colorado Cannabis Industry Could “Take a Hit” from Property-Tax Reassessments
View here With commercial property valuations expected to increase by an average of 20 percent, many Colorado Marijuana business owners will be unpleasantly surprised by the valuations of their 2017 property tax reassessments. Read more
Arvada Manufacturing Company Raises $40M
View here ARVADA, CO – Prescient, a 5-year-old manufacturing company that uses software to design and build commercial buildings, including apartment and hotels, said it’s closed on a Series D funding round that raised $40 million. The firm has built 3 million square feet of buildings in five states since 2013 and... Read more
Colorado’s Largest Spec Industrial Building to Break Ground
View here Aurora, CO – Colorado’s largest-ever single-building speculative industrial development in Aurora, is expected to break ground in June. Majestic Realty Co., the largest privately owned industrial developer in the U.S., will build the 701,500-square-foot building near Interstate 70 and Tower Road. Read more
How Long Until Denver’s Growth Slows Down?
View here. Denver has been covered in construction and new developments due to its recent rise in population. Marking it the second fastest growing population in the country! In order to accommodate the demand developers have been busy trying to build retail, industrial, and residential spaces in Denver. In... Read more
Etkin Johnson Acquires 33 Acres Adjacent to Colorado Tech Center
DENVER – Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has acquired a 33.12-acre parcel adjacent to the Colorado Technology Center (CTC) in Louisville, Colorado. “We’ve been active in CTC for more than 20 years, and have grown... Read more