Five-Building Speculative Industrial Development to Break Ground in Mead
Denver-based Silver Point Development has acquired 37 acres of land for Phase I of the development of Elevation25, a five-building speculative industrial warehouse project totaling 578,240 square feet located near the intersection of Weld County Road 9½ and Highway 66 in Mead, CO. The project is the only high-bay warehouse …
Flex and R&D Park Near Boulder Sells to CapRidge Partners for $37.8M
Austin-based CapRidge Partners has acquired Creekside Business Park, a three-building light industrial park totaling 257,266 square feet in Longmont, for $37.8 million. JLL Capital Markets represented the seller, Brass Creekside 2019, LP, an affiliate of Brass Real Estate out of San Antonio, Texas and arranged acquisition financing via a joint facility for …
Industrial Outdoor Ventures Acquires 15 Acre Industrial Site in Aurora
A 15-acre industrial property located at 18000 E 22nd Avenue in Aurora has sold to Chicago-based Industrial Outdoor Ventures (IOV), the first national real estate investor focused exclusively on outdoor storage facilities. The property includes 45,600 sq. ft. of buildings with a fenced yard on 15.4 acres. The site has …
McWhinney Inks Loveland Deal with Colorado Snack Company
Colorado-based Snack Company Bobo’s has signed a lease at McWhinney’s Centerra Industrial in Loveland. The company will occupy the entirety of Building 7, a 123,000-square-foot industrial facility. The lease marks the largest industrial deal in the region by square footage since 2019. Bobo’s, a Colorado-based wholesome snack brand, will consolidate three …
Bow River Capital Closes $450M Oversubscribed Real Estate Fund III Investment Strategy
Bow River Capital, a Denver-based alternative asset manager, announced today the close of the Bow River Capital Real Estate Fund III. The Fund was oversubscribed with $450 million of commitments compared to its $350 million target and nearly 2.5 times larger than its $186 million predecessor fund, Bow River Capital Real Estate Fund …
Majestic Realty Sets Sights on Next Phase of Majestic Commercenter
Sitting at 99.5 percent occupancy on its 5.5 million square feet of development at the Majestic Commercenter, Majestic Realty will break ground before year end on a three-building, 806,630-square-foot speculative development at the business park located at the northeast quadrant of I-70 and Tower Road, continuing east to E-470. A combination …
Construction Underway for Two Industrial Buildings in Northern Colorado
Hines has the begun the construction of two Class-A, industrial distribution buildings in Loveland, the most active industrial sub-market in the region. The project, called Brands West, will be located at 5365 Byrd Drive and 5615 Kitty Hawk Drive and is expected to be completed in Q3 of 2022. The project was …
Brookfield Properties Selects Newmark as Exclusive Leasing Agents of Central Park Logistics Center
Newmark recently announced that Mike Wafer and Mike Wafer Jr. are the exclusive leasing agents of Central Park Logistics Center at 9300 and 9400 East 46th Place in Denver. The project, developed by Brookfield Properties, which will deliver in Spring of 2022, is a LEED-certified, two-building industrial development in a prime …
Denver Industrial Market on Track to Set Record as Office Looks to Recover
CBRE just released its Q3 reports for metro Denver’s office and industrial sectors. Industrial net absorption and delivery volume are both on track for the highest annual totals on record, while leasing and investment sale momentum is pacing the office market toward recovery. Metro Denver Q3 Office Highlights Metro Denver posted 194,000 …
Home Depot-Occupied Industrial Building Sells in Aurora
A 220,000-square-foot, Class A distribution center, fully leased to The Home Depot at 1953 N. Gun Club Rd. Aurora—within Prologis Park 70, one of Denver’s premier industrial parks—has changed hands. JLL represented the seller, EverWest Real Estate Investors. The building was part of EverWest’s $3.6 billion in assets under management. …