Office/Flex Property at CTC Sells for Record Price
Etkin Johnson Real Estate Partners has sold its office/flex property on 2.4 acres in the Colorado Technology Center (CTC) to a private investor for $5.635 million. Located at 305 S. Arthur Ave. in Louisville, the 17,940-square-foot building sold for approximately $314 per square foot, a record for the CTC. Completed in …
Opus Sells New Last Mile Class A Facility for $57M
Illinois-based Inland Real Estate Group has acquired a brand new 151,668-square-foot last mile logistics building in Thornton, from The Opus Group, for $57 million. The facility, located at 900 E 128th Avenue, on just over 19 acres, is fully leased to a single tenant for an e-commerce last mile facility. Will …
HighPoint Industrial Park to Expand by 274 Acres
HighPoint, an industrial development near DIA that Mile High CRE first covered back in February, is adding 274 acres on top of its existing 125-acre site. Hyde Development and Mortenson closed today on the acquisition of 145 acres just north of their existing site. Next month they will add 129 more acres …
Border States Industries, Inc. Leases 21 Acres in Commerce City
Border States Industries, Inc., provider of innovative product and supply chain solutions, has signed a 21.32-acre lease of 10600 Havana Street in Commerce City. Chicago-based real estate investment and development company Industrial Outdoor Ventures (IOV) purchased the site in February 2020. The site features I-2 zoned land with site improvements including utilities, road base, …
Rocky Mountain Center for Innovation and Technology Sells for $15.5M
The Rocky Mountain Center for Innovation and Technology, a 811,817-square-foot office/flex industrial property in Loveland, has sold to local owner RMCIT, LLC for $15.5 million. CBRE represented the seller, Cumberland & Western Resources, LLC, of Bowling Green, Kentucky. RMCIT comprises four buildings on 177 acres. It was built between 1962 and 1980 to …
McWhinney Expands Industrial Footprint in Northern Colorado
In addition to signing three new tenants at its Centerra Industrial campus, Colorado-based developer McWhinney has announced plans to develop a new industrial campus adjacent to the Motorplex at Centerra. The campus will include seven new buildings ranging in size from 43,000 square feet up to 150,000 square feet on both a speculative …
Etkin Johnson Completes First Phase of EDGE 470
Etkin Johnson has completed Phase I of EDGE 470, a new 364,474-square-foot Class A industrial/flex campus located on 32 acres near E-470 and Chambers Road in Parker. The Phase I includes two approximately 80,000-square-foot buildings on 12.8 acres. “Southeast Denver attracts high-caliber companies looking to tap into an educated workforce …
Denver Industrial Market Proves Resilient in Q3 While Office Activity Remains on Hold
CBRE just released its Q3 reports for metro Denver’s office and industrial sectors. While the Denver office market continues to feel the impact of the pandemic, Denver’s industrial market has proven itself resilient during uncertain times. “Office activity remained largely on hold in the third quarter of the year as companies …
Rocky Mountain Rail Park Breaks Ground
On October 8, Rocky Mountain Industrials, Inc. celebrated its ceremonial groundbreaking at the Rocky Mountain Rail Park, a 620-acre rail-served industrial park in unincorporated Adams County. CEO Gregory Dangler hosted the event, where Betsy Markey, executive director of the Colorado Office of Economic Development and International Trade, and Nathan Anderson, senior …
Southeast Denver Industrial Building Fully Leased
Zynex, Inc., a leading provider of high-quality electrotherapy products. has signed a new full-building lease at 14800 Grasslands Drive at Compark Business Park in Englewood. The 50,488-square-foot lease is one of the largest to transact in the Southeast industrial submarket year-to-date and is a testament to enduring tenant demand for …