In-Migration and Retail Sales Boosting Self-Storage
Marcus and Millichap’s Self-Storage Investment Forecast report details how demand for self-storage will be bolstered by elevated net in-migration and above-average retail sales growth in 2020. In-migration to Denver has remained high since a cycle-high 40,500 residents moved in during 2015. An additional 22,260 people will move in during 2020. The prominent …
Amazon to Build Huge Distribution Center at Colorado Springs Airport
According to the Gazette, Amazon will build a 4-million-square-foot distribution center at the Colorado Springs Airport business park. Amazon reportedly paid $6.33 million to Colorado Springs for 69.2 acres at the airports Peak Innovation Park. Plans filed with the city by developer Trammell Crow call for five stories of office, warehouse …
Brand-New Industrial Center in Broomfield Sells for $47.8M
Interpark Industrial Center, a two-building, 239,816-square-foot property located at 11325 Main Street and 11380 Reed Way in Broomfield sold for $47.8 million on Feb 6. to Stockbridge Real Estate of San Francisco. Tyler Carner, Jeremy Ballenger, Jim Bolt, Jessica Ostermick and Frank Kelley with CBRE’s Denver offices along with Jeremy Kroner of CBRE’s …
Slim Chickens Purchases Lot at Victory Ridge in Colorado Springs
Fast-casual restaurant chain Slim Chickens is opening its first location in the Colorado Springs market at Victory Ridge, the 153-acre mixed-use development located off Interstate 25 and Interquest Parkway. Whitney Johnson, Patrick Kerscher and Jon Weisiger with CBRE are marketing Victory Ridge for retail opportunities and represented the developer, Westside Investment Partners, in the property …
Local Partnership to Develop New Townhomes in Superior
Koelbel Urban Homes (KUH), a division of Koelbel and Company and Resolute Investments Inc, a local real estate investment firm, have partnered together on a new residential townhome community at the shores of Autrey Reservoir, just steps from Flatirons Crossing in Superior. The site offers impeccable views of the Flatirons …
Decade in Review: The Denver Office Market
Now that the decade is over, COMMERCIALCafé, a nationwide commercial real estate listings platform, decided to look back at the evolution of office markets across the U.S. from 2010 to 2019. They checked the top deals of the decade, the most active markets, the price per square foot fluctuations, the biggest office …
Thornton Charter School to Develop New Athletic Facility
Pinnacle Charter School in Thornton, has completed the purchase of 11.4 acres of land just west of I-25 & 84th Avenue in Thornton, to develop new athletic facilities for the school, as well as a mixed-use community property for the general public.. “We are very excited to build this vision …
Local Data Center Engineering Firm Donates $25k to CU Boulder College of Engineering
Denver-based Swanson Rink — provider of mechanical, electrical design and commissioning services for data centers, airports and corporate developments — has made a $25,000 donation to the University of Colorado Foundation as part of its commemoration of 70 years in the engineering business. This contribution will support scholarship funding for …
One Platte Breaks Ground
One Platte, a 5-story mixed-use project located at 1701 Platte Street in downtown Denver’s vibrant Central Platte Valley neighborhood, has officially broken ground. The project is being developed by Nichols Partnership, in a joint venture with Shorenstein Properties, LLC, an owner and operator of high-quality office, residential and mixed-use properties across the …
Construction Update: 6900 Layton
As you drive along I-25 near Belleview, it is hard not to notice the shiny new office building taking shape. 6900 Layton at Belleview Station, located at the southeast corner of Newport Street and Layton Avenue in DTC, officially broke ground way back in 2018 but the glass facade of the LEED …