ConstructionIndustrial

The Opus Group® Plans for a Two-Building Speculative Industrial Development in Denver

The Opus Group (Opus) plans to construct a two-building industrial development totaling 264,000 square feet in Denver’s Southeast submarket in the Dove Valley Business Park. “This development further grows our industrial portfolio in the Denver market,” said Sean Cummings, vice president at Opus. “The Southeast submarket is currently experiencing robust demand …

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DevelopmentIndustrialRetail

Dazbog Coffee Company Completes New Manufacturing Facility & HQ

Dazbog Coffee Company, Colorado’s largest independent coffee roaster and purveyor, recently completed construction on a new Red Square manufacturing facility and company headquarters, at 1090 Yuma St, along Denver’s Central I-25 corridor. The new 5-story Red Square manufacturing & roasting facility will allow Dazbog Coffee to more than triple its production capacity. Adjacent …

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BrokerageIndustrialOffice

Industrial Flex Building in Boulder Refinanced

Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $17 million refinancing for a fully leased 152,692-square-foot industrial and office building in Boulder. HFF worked on behalf of the borrower’s asset manager, Manchester Capital Management (MCM), to place the 10-year, interest-only, fixed-rate CMBS loan. Loan proceeds are being used to refinance the …

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BrokerageIndustrial

Sought-After Industrial Center in Aurora Sells

AURORA – EastGroup Properties, a Mississippi-based real estate investment trust company, has acquired buildings 2, 4, 5 and 6 at the Airways Business Center, a Class A warehouse distribution center in Aurora. Together, the buildings offer 382,137 square feet of space and are currently 100 percent occupied by a mix of 11 tenants. …

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BrokerageIndustrialOffice

Newly Constructed Office/Warehouse Space in Windsor Changes Hands

A 6,060-square-foot newly constructed office/warehouse space located at 861 Automation Drive in the City of Windsor, has sold for $1,475,000, or $243 per square-foot.  The property is comprised of 2,775 square feet of office space, and 3,285-square-feet of warehouse space. Jason Ells, CCIM, senior director, of Cushman & Wakefield Fort Collins …

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DevelopmentIndustrialReports

Denver Industrial Vacancy Rate Ticks Up in Q1 2019

DENVER — According to Transwestern’s national industrial market report for the first quarter of 2019, the overall vacancy rate for industrial buildings ticked up for the first time in nine years, to 4.8 percent. Despite the increase, due in large part to speculative construction projects delivered to the market, net …

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ConstructionDevelopmentIndustrial

Southwest Airlines to Build $100M Maintenance Hangar at DIA

DENVER — Southwest Airlines has announced plans to begin construction on its first maintenance hangar at DIA this summer. The nearly $100 million investment will allow Southwest’s Mechanics to work on up to three aircraft inside the 130,000-square-foot hangar. There will be parking and facilities outside the hangar for eight additional aircraft. …

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BrokerageConstructionDevelopmentIndustrial

JAG Logistics Center at DIA Breaks Ground

AURORA — JAG Logistics Center at DIA, a new 250-acre industrial park located immediately south of DIA in Aurora has officially broken ground. The approximately one million square foot initial phase is located on 75 acres that is part of the Porteos development and is one of the first new industrial …

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ConstructionDevelopmentIndustrialOffice

Site of Future Master-Planned Industrial Development in Thornton Sells for $4M

THORNTON— Approximately 67 acres of industrial zoned land in Thornton has sold for $4 million to a newly formed joint venture between RMS Properties Company and Bow River Capital. The development team is planning a master-planned industrial development at Washington Street and 148th Avenue. Matt Trone, SIOR, Steve Hager, managing …

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DevelopmentIndustrial

Etkin Johnson Acquires 28 Acres in Southeast Denver

DENVER — Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has acquired a 28.35-acre parcel located at the southwest corner of S. Chambers Road and Compark Boulevard, just north of E-470 within the Compark Business Park. The firm plans to …

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