Industrial

Chicago-based private real estate investment firm, Brennan Investment Group, broke ground on approximately 61 acres last week at the intersection of East 112th Avenue & Havana Street in Commerce City, for a phased speculative development project. Fully complete, the new development, Colorado Logistics Park, will consist of five buildings, totaling …

By Katie Rapone As the fifth-busiest airport in the United States, Denver International Airport brought nearly 65 million travelers to our State in 2018. The Society for Marketing Professional Services (SMPS) Colorado Chapter August luncheon, held on Wednesday, Aug.14, addressed the long-term development plans for Denver’s Aerotropolis. Defined as a metropolitan subregion …

NorthPoint Development has closed on 185 acres of land that will be the site of Stafford Logistics Center, a 350 acre, ±4.4-million-square-foot industrial and mixed-use development located at the confluence of I-70, E-470, E. Colfax Avenue and Picadilly Road in Aurora. NorthPoint has already started construction on a 598,500-square-foot warehouse …

Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has secured a long-term lease with Blue Canyon Technologies (BTC), a complete end-to-end spacecraft company and leading small satellite manufacturer. BTC will occupy an 80,132-square-foot office/flex building, located at 2550 Crescent …

Newmark Knight Frank (NKF), Hyde Development and M.A. Mortenson Company recently announced the leasing of 232,615 square feet at building 5, the first completed building at 76 Commerce Center, part of a 1.8 million-square-foot, Class A industrial park in Brighton. The development is a joint venture between Hyde Development and Mortenson. Building 5, …

Etkin Johnson Real Estate Partners announced today that the firm has secured a long-term lease with Boulder-based Charlotte’s Web Holdings, Inc., the market leader in the production and distribution of innovative hemp-derived cannabidiol (CBD) wellness products. The 136,610-square-foot speculative industrial/flex building is located at 700 Tech Court in the Colorado Technology …

The LEED Gold-certified “smart building” home to Panasonic Enterprise Solutions (PESCO) located at 6144 North Panasonic Way at Denver’s Peña Station Next, has sold for $22 million. Tyler Carner, Jeremy Ballenger and Jim Bolt with CBRE represented the seller, Denver-based Westfield Company, Inc. The buyer, NewStreet Properties, LLC, of Omaha, purchased the industrial flex property …

Metro Denver’s office, industrial and retail real estate sectors posted healthy performance in the second quarter of the year according to CBRE’s Q2 2019 MarketView reports. “The office sector performed notably well, with near record-level absorption, rising lease rates, robust construction activity and strong sales volume. The industrial sector saw nearly 1 …

Denver continues to see fantastic industrial growth and development as more than 900,000 square feet of construction has delivered in 12 of the last 13 quarters, a period during which nearly 17.6 MSF has delivered. That’s according to Cushman & Wakefield’s newly released Industrial Research Report. Additionally, The Mile High …

According to the new report “Economic Impacts of Commercial Real Estate,” published annually by the NAIOP Research Foundation, Colorado is currently the No.9 state in the U.S. for commercial real estate development, creating and supporting 102,845 related jobs and contributing $14.3 billion to the state’s economy in 2018 (the most recent …