Industrial

A 594,400-square-foot three-building speculative industrial development has broken ground within the master-planned business park Nexus at DIA. Lincoln Property Company (LPC) in partnership with a private real estate fund advised by Crow Holdings Capital are building the new Class A warehouse and distribution center, named Ascent Commerce Center. Located on a 33.2-acre site …

Colorado company Gordon Development LLC has sold its 63,550-square-foot industrial property located at 8644 South Peoria in Englewood, for $10 million. 8644 South Peoria is a Class A, multi-tenant industrial building built in 2017 and 100 percent leased to two companies: a manufacturing tenant and Ninja Nation, a leading provider of obstacle course arenas and …

While the coronavirus will weigh on the U.S. economy in the first quarter, growth should be sustained. According to the Marcus & Millichap special report on the virus outbreak, expectations of weaker exports, reduced tourism and supply chain-related shortfalls will moderate the pace of economic growth. However, low unemployment and comparatively strong consumption levels should …

CBRE has been awarded the exclusive leasing assignment for HighPoint Logistics Park, a 2.2 million-square-foot Class A industrial park currently in development at E-470 and 64th Avenue in Aurora. Daniel Close, Todd Witty, Tyler Carner, and Jeremy Ballenger with CBRE’s Industrial & Logistics practice in Denver are marketing the property.  …

Commercial Café’s latest study compares the top 20 industrial markets in the U.S. Using data from Yardi Matrix, the study looks at how much industrial space we can expect to be added in 2020. Overall, U.S. industrial property completions are set to add 186 million square feet across 627 properties. This is …

The Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2019 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. In addition, DMCAR recognized its Young Broker of Denver, Top Landlord companies in the …

Etkin Johnson Real Estate Partners is continuing to make moves throughout the Front Range’s emerging submarkets. Today, the firm announced the acquisition of a 14.18-acre parcel along I-25 near Crossroads Boulevard in Loveland with plans to develop a two-building, 200,000-square-foot industrial/flex campus dubbed Axis 25. The purchase – which offers …

A 65,127-square-foot multi-tenant office/flex/R&D investment asset at the Interlocken Business Park in Broomfield, has sold for $11.2 million. NavPoint Real Estate Group represented the seller, Silverwood Investments LP of Castle Rock, in this transaction. The buyer, 295 Interlocken Boulevard LLC, was represented by Eric Rutherford of WK Real Estate. The transaction successfully closed in February …

A joint venture partnership between ScanlanKemperBard (SKB) and Harbert Management Corporation has acquired 3800 Steele Street, an 11-building portfolio totaling 452,014 square feet of industrial, flex and office space in a qualified opportunity zone in Denver. JLL Capital Markets worked on behalf of the borrower to place the three-year, floating-rate …

Chicago-based Industrial Outdoor Ventures (IOV) has closed on two land sale transactions in the Denver metro area, totaling approximately 30 acres. Located at 10600 Havana Street and 8780 E. 93rd Place in Commerce City, both sites will be developed into industrial buildings with outdoor storage. Newmark Knight Frank’s (NKF) Mike …