409 66th
BrokerageIndustrialOffice

Rare 27-Acre Industrial Land Asset in Central Denver Sells for $19M

New York-based IG Logistics LLC and Meadow Partners, an institutional middle-market real estate investor, have acquired a ±26.7-acre industrial storage yard/trailer site in central Denver for $19 million. Located at 409 West 66th Avenue, the vacant property is zoned for outside storage and includes a 10,000-square-foot freestanding industrial building with …

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BrokerageConstructionIndustrialOfficeRetail

CBRE Releases Mid-Year Reports for Colorado Springs

CBRE has released its Mid-Year 2022 Reports for the Colorado Springs market. The retail market posted record-high sales volume through the first half of 2022, while industrial activity remained strong and office absorption was robust. Industrial Highlights Nearly 333,000 sq. ft. of positive net absorption was recorded in the first half of the …

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CRE Industrial Trends_Taylor Cole
IndustrialReports

Industrial Commercial Real Estate Market Cooling Off, NAIOP Forecasts

According to the latest NAIOP Industrial Space Demand Forecast, released today, nationally, the industrial real estate market is showing signs of slowing following a period of unprecedented expansion. “Amid lower pressure on global supply chains, increasing inventory carrying costs, a cooling economy, and a decrease in the rate of e-commerce …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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