BrokerageIndustrialMultifamilyOfficeReportsRetail

Continued Cap Rate Stability Expected in H1 2019, Predicts CBRE

DENVER – Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest research from CBRE. The CBRE North America Cap Rate Survey provides insights on movements for the major property asset classes. …

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BrokerageIndustrial

BKM Capital Partners Acquires Industrial Property in Denver for $24.3M

DENVER – Newport Beach firm BKM Capital Partners has acquired its second Denver property; Valley Business Center, a 203,231-square-foot, five-building multi-tenant light industrial property located at 700 West Mississippi Avenue. The institutional fund manager purchased the property for $24.3 million. BKM Capital Partners acquired Valley Business Center from Mountain West Industrial Properties. …

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ConstructionDesignDevelopmentIndustrial

The Opus Group Begins Construction on Speculative Industrial Development in Thornton

DENVER – Construction is underway on a 151,405-square-foot industrial building located in Thornton. The building is the first phase of North Washington Commerce Center, a multi-tenant park located at the southeast corner of 128th Avenue and Washington Street that will offer a variety of sizes, clear height and loading options. The …

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ConstructionDevelopmentIndustrial

Eastpark 70 Industrial Park in Aurora Reaches New Construction Milestone

AURORA – Consolidated Investment Group of Englewood, recently completed Building 2 and broke ground on Building 3, a Class A industrial park located in northeast Aurora, just southeast of the intersection of Interstate 70 and Tower Road. Both buildings will deliver more than 465,000 square feet of industrial space. “Eastpark 70 offers new …

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BrokerageIndustrial

Berkeley Partners Acquires 41-Building Industrial Portfolio for $124.3M

DENVER – Berkeley Partners has acquired a 19-property, 41-building industrial portfolio totaling 1.95 million square feet in Denver, Boulder and Colorado Springs, for $124.3 million. The HFF team worked on behalf of Berkeley Partners, to place the 10-year, fixed-rate acquisition loan with Nuveen Real Estate. Situated on a total of 126.31 acres, the portfolio comprises 14 industrial …

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DevelopmentIndustrialRetail

Retail Closures Yield Industrial Opportunities

DENVER –  As many markets across the U.S. are experiencing low industrial vacancy, large retail properties are going out of commission. A new report from CBRE looks at the trend of converting former retail properties for industrial use. The report identifies 24 projects across the U.S., including one in Denver. CBRE found various …

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BrokerageIndustrial

Colorado’s Largest Industrial Portfolio Sells for $247.5M

DENVER — Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has sold its 1.95-million-square-foot Colorado Industrial Portfolio (CIP) to Berkeley Partners for $247.5 million. The sale marks Berkeley Partners’ first acquisition in the Colorado Market. “Bruce Etkin and David Johnson’s visionary …

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BrokerageDesignDevelopmentIndustrialOffice

$7.8M Purchase Positions Workplace ELEMENTS for Long-term Growth

DENVER — Workplace ELEMENTS, LLC, a full-service enterprise providing progressive furniture and architectural products, has purchased a 14,600-square-foot adaptive reuse building located at 2495 Blake St. in Denver’s Ballpark Neighborhood. Andy Cullen and Ryan Arnold of Tributary Real Estate, a fully integrated brokerage, development and investment firm based in Colorado, represented Traci Lounsbury, principal …

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BrokerageDevelopmentFeatureIndustrialInvestment

Opportunity Beckons Denver’s Investors and Developers in 2019

By Katie Rapone Ever since opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017, investors, property owners and developers alike have been scrambling to make sense of the new law to better learn how to take advantage.  An opportunity zone …

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BrokerageConstructionDevelopmentIndustrialOfficeRetail

Denver Sets New Records Spanning Investment Sales Volume, Lease Rates and Absorption

DENVER – CBRE just released its Q4 2018 reports analyzing the year-end performance of metro Denver’s office, industrial and retail real estate sectors. Investment sales volumes soared for both the office and industrial sectors, while the office and retail sectors each recorded all-time high lease rates at the end of the year. Net …

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