BrokerageDevelopmentIndustrial

Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park

CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger …

READ MORE →
ArchitectureBrokerageDevelopmentIndustrial

Target Fully Leases Prologis Broadway Distribution Center in Denver

Prologis, the global leader in logistics real estate, has fully leased its Broadway Distribution Center, a brand new 141,524-square-foot Class A industrial/distribution building located at 6300 North Broadway in Denver, to Target Corporation. Steve Hager, Matt Trone, SIOR, and Joey Trinkle with Cushman & Wakefield together with Keiffer Garton, vice president …

READ MORE →
Amazon Fulfillment Center_Aurora CO
BrokerageConstructionDevelopmentIndustrial

Amazon Industrial Warehouse Transactions in 2022 Among Largest on Record

B+E, a modern investment brokerage firm specializing in net lease real estate and 1031 exchanges, has released its Net Lease Industrial Report on Amazon. Key Points: Amazon industrial warehouse transactions in the first half of 2022 have included some of the largest trades on record. Amazon increased its number of …

READ MORE →
BrokerageCharityDevelopmentIndustrialOffice

EDENS Acquires Nearly-Full City Block in Denver’s Five Points

EDENS, a national real estate owner, operator and developer with a strong local presence in Denver, has purchased 2660 Larimer St., a nearly-full city block at 26th and Larimer in Denver’s Five Points neighborhood. The sale of the approximately 97,103-square-foot property is part of a larger deal between EDENS and Volunteers of …

READ MORE →
ConstructionDevelopmentIndustrial

Multi-Phased Speculative Industrial Development Coming to Aurora

Construction of the first phase of a 316-acre, 3.9 million-square-foot master-planned industrial development, called Sun Empire in Denver’s airport submarket, will begin in September 2022. The project is a joint venture between The Opus Group (Opus) and Principal Real Estate Investors. Located at the southeast corner of 56th Avenue and Harvest …

READ MORE →
BrokerageDevelopmentIndustrial

Comunale Properties Signs Two Credit Tenants at Spec Industrial Project in Fort Collins

Denver-based Comunale Properties — which specializes in new Class A light industrial development and the acquisition and repositioning of value-add light industrial buildings — has completed two pre-leases at its soon-to-be complete Mulberry Connection development, the first speculative Class A industrial project built in Fort Collins since the 1990s. With a …

READ MORE →
BrokerageIndustrialSelf Storage

Industrial Outdoor Storage Lot Sells for $8M

Gordon Storage recently sold a 10-acre industrial outdoor storage lot, known as AAA RV and Boat Storage, located at 5775 Tennyson in Arvada, to OUTOUR ACQUISITIONS LLC, a Delaware limited liability company. The property closed on May 31, 2022, for $8.05 million. Jason White and Nick Steitz of JLL served …

READ MORE →
ArchitectureConstructionDevelopmentIndustrialLand SalesSustainability

PepsiCo Acquires 152 Acres for the Construction of 1.2M SQFT Manufacturing Facility

PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million-square-foot manufacturing facility that is set to be the largest, most sustainable PepsiCo Beverages North America plant in the U.S. PepsiCo purchased the site from Westside …

READ MORE →
IndustrialOfficeReports

Denver Office Construction Rebounds in Q2 and Industrial Lease Rates Increase

CBRE just released its Q2 reports for metro Denver’s office and industrial sectors. Significant rent growth can be attributed to the industrial market’s sustained success, while the office construction pipeline strongly rebounded this quarter with seven properties breaking ground. Metro Denver Q2 Office Highlights Leasing momentum continued in Q2 2022 with 1.1 million …

READ MORE →
BrokerageFinanceIndustrialOffice

Ivy Realty Buys Boulder County Industrial/Flex Property

Ivy Realty, a Greenwich, CT-based real estate investment, development and management company, has acquired Front Range Business Park, a two-building, 117,106-square-foot industrial/flex complex located in Boulder County. The property is currently 100 percent leased to the State of Colorado’s Front Range Community College (“FRCC”), the largest community college in Colorado. Essex Financial Group (“Essex”) arranged …

READ MORE →