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
A record high year for Denver’s real estate market
View here. Denver’s real estate market hit a record-high in 2016 with $12.9 billion. Apartment sales in Denver contributed to the record-high number with $6.9 billion. The year 2017 is expected to be yet another successful year, but not as successful as the last two. The apartment market is starting... Read more
Rocky Crest Enterprises plans industrial development in Commerce City
View here. Rocky Crest Enterprises LLC has plans to develop 30,000- square- feet of industrial space within 28 acres of land in Commerce City. This will be a multi-tenant property with outdoor storage, and they are predicting its completion to be in early 2017.  Rocky Crest’s project is meant... Read more
Rocky Crest RVB Purchases 28-acre site in Commerce City, Leases 10 Acres to Denver Intermodel Express and Plans New Industrial
Denver, CO  – Newmark Grubb Knight Frank (NGKF) announced the sale of 28 acres of land at 10600 Havana in Commerce City to Rocky Crest Enterprises, LLC. Rocky Crest plans to construct a 30,000-square-foot multi-tenant industrial building at the site with outside storage and has secured a lease for... Read more
Aurora Highlands proposes 2,900-acre development south of Denver International Airport
View here.  The development group Aurora Highlands LLC has proposed a 2,900- acre development in the Aerotropolis area south of the Denver International Airport. The project will be led by Carlo Ferriera one of the principals at Aurora Highlands LLC. The plan is to convert the development into home,... Read more