Etkin Johnson Acquires 28 Acres in Southeast Denver
DENVER — Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has acquired a 28.35-acre parcel located at the southwest corner of S. Chambers Road and Compark Boulevard, just north of E-470 within the Compark Business Park. The firm plans to …
Denver a Top Target for Commercial Real Estate Investment
DENVER — A recent survey of commercial real estate investors ranked Denver as a top target among Americas metros. Denver advanced for the third year in a row, jumping two spots to tie with Atlanta at No. 5 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found …
Robinson Dairy Offers a Clean Slate
DENVER – Robinson Dairy, located at the northwest corner of 6th Avenue and I-25, is one of the most iconic and recognizable properties in Denver. The property is owned by Central Development and currently leased to Dean Foods through Aug. 15, 2019, at which time it will become available for lease or …
United Properties to Expand INOVA Business Park
DENVER — United Properties recently acquired an additional 43 acres to expand its successful INOVA Business Park in Centennial. Located at the intersection of Lima Street and Easter Avenue, the 43-acre, multi-building site will be named INOVA Aero and be slated for both office and industrial use, following on the heels …
Continued Cap Rate Stability Expected in H1 2019, Predicts CBRE
DENVER – Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest research from CBRE. The CBRE North America Cap Rate Survey provides insights on movements for the major property asset classes. …
BKM Capital Partners Acquires Industrial Property in Denver for $24.3M
DENVER – Newport Beach firm BKM Capital Partners has acquired its second Denver property; Valley Business Center, a 203,231-square-foot, five-building multi-tenant light industrial property located at 700 West Mississippi Avenue. The institutional fund manager purchased the property for $24.3 million. BKM Capital Partners acquired Valley Business Center from Mountain West Industrial Properties. …
The Opus Group Begins Construction on Speculative Industrial Development in Thornton
DENVER – Construction is underway on a 151,405-square-foot industrial building located in Thornton. The building is the first phase of North Washington Commerce Center, a multi-tenant park located at the southeast corner of 128th Avenue and Washington Street that will offer a variety of sizes, clear height and loading options. The …
Eastpark 70 Industrial Park in Aurora Reaches New Construction Milestone
AURORA – Consolidated Investment Group of Englewood, recently completed Building 2 and broke ground on Building 3, a Class A industrial park located in northeast Aurora, just southeast of the intersection of Interstate 70 and Tower Road. Both buildings will deliver more than 465,000 square feet of industrial space. “Eastpark 70 offers new …
Berkeley Partners Acquires 41-Building Industrial Portfolio for $124.3M
DENVER – Berkeley Partners has acquired a 19-property, 41-building industrial portfolio totaling 1.95 million square feet in Denver, Boulder and Colorado Springs, for $124.3 million. The HFF team worked on behalf of Berkeley Partners, to place the 10-year, fixed-rate acquisition loan with Nuveen Real Estate. Situated on a total of 126.31 acres, the portfolio comprises 14 industrial …
Retail Closures Yield Industrial Opportunities
DENVER – As many markets across the U.S. are experiencing low industrial vacancy, large retail properties are going out of commission. A new report from CBRE looks at the trend of converting former retail properties for industrial use. The report identifies 24 projects across the U.S., including one in Denver. CBRE found various …