CBRE Completes Full Lease-up of Industrial Property in Louisville

A 411,485-square-foot industrial property located at 333-335 Centennial Parkway in Louisville, is now fully leased to six tenants representing e-commerce, robotics, biotech, IT and manufacturing. Tyler Carner, Jeremy Ballenger and Jeremy Kroner with CBRE represented the owners, Denver-based DPC Companies and Boston-based Long Wharf Capital. “Tenants are attracted to 333-335 Centennial Parkway because it …


Speculative Industrial Building Breaks Ground at Nexus DIA

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 …


Fully-Leased Industrial Property in Englewood Sells for $10M

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 …


Interest Rates Hit All-Time Low as Coronavirus Spreads

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 Awarded Leasing Assignment for HighPoint Logistics Park

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.  …


Denver Industrial Development to See a 53% Boost in 2020

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 …


DMCAR Pays Tribute to “Heavy Hitters” in Commercial Real Estate

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 Announces Plans for Industrial/Flex Campus with I-25 Visibility

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 …


Multi-Tenant Office/Flex/R&D Investment Asset in Broomfield Sells for $11.2M

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 …


Denver Flex Portfolio Sells for $81.8M

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 …