Amazon Coming to Crossroads Commerce Park
View here Amazon are moving into Crossroads Commerce Park in Adams County. Dallas-based Trammell Crow built the 1 million square feet of industrial space on 77 acres, near the prime interchange of Interstates 25 and 70. Amazon announced earlier this year that they will offer same-day grocery delivery in Denver.... Read more
Madrid-Based Ferrovial May Lead DIA Terminal Renovation
View here The Madrid-based conglomerate Ferrovial — a leading infrastructure and services operator — may lead the $1.8 billion terminal renovation at DIA, if the City Council approves a partnership contract at tonight’s meeting. Ferrovial — whose airport operator is leading a team of equity and construction partners in a proposed 34-year arrangement at DIA... Read more
Boulder-Based Brewery Leases Industrial Space at CTC
DENVER – Breakaway Business Center, LLC leased two industrial spaces at 1772 Prairie Way in the Colorado Tech Center (CTC) in Louisville, Colorado. Tendeg, a producer of aerospace engineering products and services, will occupy 7,349-square-feet of space. FATE Brewing Company, a Boulder-based brewery, will open a restaurant and tasting room in addition... Read more
Multi-Tenant Industrial/Flex Building Sells in Louisville, Transformation Underway
DENVER – Denver-based DPC Companies and Boston-based Long Wharf Capital are pleased to announce the purchase of 333-335 Centennial Parkway, a 404,000-square-foot multi-tenant industrial/flex building located in Louisville, Colorado, one of Denver’s premier northwest suburban submarkets along the Denver-Boulder corridor on U.S. 36. Alec Rhodes, R.C. Myles, Jim Brady and Campbell Davis... Read more
Former Home to U.S. Engineering Sells for $2M
Loveland, CO– CBRE recently completed the $2 million sale of a 6.44-acre industrial campus located at 729 8th Street Southeast in Loveland, Colorado. The property was previously occupied by U.S. Engineering, which recently relocated its operations to Johnstown, Colorado. Mike Eyer, Julius Tabert, Jon Rue and Kit Brown of CBRE’s Fort Collins office represented... Read more
Canadian Biotech Company Opening HQ in Denver
View here Inocucor Corporation of Montreal, a Canadian biotech company that specializes in natural agricultural fertilizers, is opening a 30,000-square-foot headquarters at 7304 South Joliet St. in Centennial. The company plans to add another 50 high-level scientific and managerial staff in both its Montreal and Denver operations over the next 18... Read more
CBRE Completes Sale and Leaseback of Two-Property Industrial Portfolio in North Denver
DENVER – CBRE recently completed the sale and leaseback of a two-property industrial portfolio located at 5575 Logan Court in North Denver. The 86,000-square-foot portfolio is fully leased to Custom Made Meals, a Denver-based manufacturer of oven-ready entrees and appetizers. Andrew Sandquist, JC Asensio and Briggs Goldberg of CBRE Corporate Capital Markets represented... Read more
Colorado Construction Engineering Giant in “Advanced Talks” to be Sold
View here CH2M, the largest privately-held company in Colorado, based in Douglas County, is reportedly in talks to be sold to a Texas-based rival. CH2M played a lead role in the expansion of the Panama Canal. The deal would combine two global construction and engineering giants. The Times of London... Read more
JLL Release Q2 2017 Industrial Stats
JLL recently released their Q2 Industrial Stats that indicate a stabilization period is upon Denver, following a period of exponential growth in the industrial market. Rental rates dropped for the second quarter in a row. Though this could be worrisome for landlords, it provides tenants with more leverage when looking for... Read more
DBJ’s CRE Forum: Trends and Insights from Three Industry Experts.
View here The Denver Business Journal held a Commercial Real Estate forum on June 19. Panelists included Pete Schippits, senior managing director and market leader for CBRE in Colorado, Allison Recker, senior vice president of commercial real estate finance at UMB Bank in Denver, and Jay Philp, a partner in the real... Read more