Rare Industrial Property in Denver Sells for $21M

According to Cushman & Wakefield, Lipan Street Industrial Park in Denver has sold for $21 million to New York-based IG Logistics LLC, Imperium Capital’s Industrial platform. The unique property, totaling approximately 34.4 acres, is located at 6045 Lipan Street and features outside storage, trailer parking, administrative offices, a fueling station, and a …


Phase II of North Washington Commerce Center Breaks Ground

The Opus Group has broken ground on two speculative industrial buildings at North Washington Commerce Center, a multi-tenant park in Thornton. The buildings, 118,422 square feet, and 163,686 square feet, are the second phase of the development, which offers a variety of sizes, clear height, and loading options. “Opus is thrilled to …


JAG Logistics Center Adds 3 Tenants

JAG Logistics Center @ DEN, a new 265-acre industrial park being developed immediately south of Denver International Airport (DEN) at the corner of 64th and Powhaton in Aurora, has added three new tenants in the project’s recently completed Trade 2 building. JAG Logistics Center @ DEN is privately owned, developed, …


Flex Office Warehouse Condo Concept Launches in Lafayette

EnVision Constructors, a woman-owned general contracting and construction consulting company specializing in pre-engineered metal building construction and commercial tenant finishing, recently announced the availability of industrial-flex office warehouse condominiums at Own It Vista, a project by Own It and EnVision Constructors with investment support from Tebo Properties. “This impressive new …


Industrial Portfolio in Colorado Financed for $16.8M

JLL Capital Markets recently arranged $16.8 million in financing, on behalf of Flywheel Capital, for the purchase of a fully leased, three-property light industrial portfolio totaling 292,076 square feet in Commerce City, Loveland and Pueblo. The portfolio comprises 6300 Clermont, a two-building single-tenant asset in Commerce City; Campion Industrial Park, a three-building …


CREW Denver Holds Mid-Year Economic Forecast

On July 14 CREW Denver held its Mid-Year Economic Forecast and happy hour at the University of Denver Knoebel Events Center. Patty Silverstein, president and chief economist of Developmental Research Partners, gave her economic forecast for 2021 which included trends in the commercial real estate and construction industry. Silverstein shared a …

CRE Industrial Trends_Taylor Cole

Black Creek Industrial REIT Acquires 48 Industrial Assets for $920M

Ares Management Corporation announced today that its managed fund, Black Creek Industrial REIT IV, has closed on the acquisition of 48 industrial properties totaling 8.3 million square feet. The properties were purchased from affiliates of real estate investment trust Prologis, Inc. for approximately $920 million. “This transaction demonstrates our continued commitment to …


Multifamily and Light Industrial Emerge as Hottest Asset Classes

Multifamily and light industrial have emerged as the hottest asset classes for commercial real estate funding post-pandemic, according to Dan Page, president of Boulder Equity Partners LLC, a nationwide lender for all commercial real estate loans. “We see growth and security (stability) in these sectors and are willing to be …


CBRE Denver Industrial Marketview: More Than 1.2M sq. ft. of Positive Net Absorption Recorded in Q2

It’s no secret that Denver’s industrial market is booming. According to CBRE’s latest research report, Denver Industrial MarketView Q2 2021, metro Denver saw its 45th consecutive quarter of positive net absorption and development volume continued to reach new heights. Highlights: Over 1.2 million sq. ft. of positive net absorption was recorded in …


Pepsi Proposes Bottling Plant Near DIA

PepsiCO is planning to build a large scale bottling facility near the intersection of Tower Road and Pena Boulevard, according to a “large development review” document submitted to the City of Denver. Pepsi Co, Inc. and its affiliate, Bottling Group, LLC is under contract to purchase the 148 acres, currently owned …