Prominent I-70-Adjacent Industrial Warehouse Sells for $6.3M

DENVER — A 56,376-square-foot industrial warehouse, located at 4751-4755 E 46th Avenue in Denver has sold for $6,300,000, or approximately $112 PSF. Tom Myers, executive vice president, and Jake Cook, broker associate, at Unique Properties, Inc. / TCN Worldwide, represented the buyers. The buyers were Elle, Patty, and John Faulkner, owners …

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CBRE Q2 Reports on Denver Office, Industrial and Retail

DENVER — CBRE just released its Q2 reports on Denver’s Office, Industrial and Retail sectors. All three markets demonstrated continued growth during the second quarter of the year. “Overall Denver’s commercial real estate markets continue to show strength in the second quarter of the year. Nearly 10 million square feet …


Lee & Associates Denver Negotiates 128,100 SF Industrial Sale

The Denver and Minneapolis offices of Lee & Associates recently announced the sale of a 128,100-square-foot manufacturing facility in Pueblo. Ron Webert with Lee Denver and Chris Garcia with Lee Minneapolis represented the buyer, Russ Davis Wholesale, a Minneapolis based fresh fruit and produce distributor. The building, once home to the Mars Company, …


RJ Schinner Expands into Denver’s Central 62 Distribution Center

DENVER – Redistribution company RJ Schinner has signed a 50,000-square-foot lease at the Central 62 distribution center located at 435-495 East 62nd Avenue in Denver. Developed by Denver-based Corum Real Estate Group and completed in 2017, Central 62 totals 124,024 square feet of Class A industrial space now fully leased to three …


United Properties Find Success with ‘Next Gen Mixed-Use’ Development

DENVER – United Properties, an industry leading commercial property investment company in Minnesota and Colorado, has established itself as one of the most active retail developers in the Denver area. In recent months the developer has built a pipeline of 20 acres of retail, primarily through the combination of developing free-standing retail …


Sagebrush Companies Defining Thoughtful Development in Colorado

By Katie Rapone Formed in 2000, Sagebrush Companies is a small Denver-based firm specializing in real estate investments and thoughtful development with holdings throughout the U.S. and Mexico. The company has managed more than $350 million in new developments that include multifamily apartments, multifamily condominiums, office and retail. The firm’s hotel …


Swisslog Moves HQ into Newly Completed Interpark Building in Broomfield

DENVER — Healthcare automation company Swisslog recently moved its headquarters and 200 employees from northeast Denver to Interpark’s Building I, located at 11325 Main Street in Broomfield.  Swisslog will occupy 80,726 square feet of space inside the newly completed industrial/flex building that is part of United Properties’ first development in the northwest corridor. CBRE’s Frank Kelley and …


iBrands to Construct Cannabis Grow Facility Near Durango-La Plata Airport

DURANGO, CO — According to iBrands Corporation, Inc. (“the Company”), a diversified holdings company, legal cannabis sales topped $1 billion in Colorado last year. From 2009 to 2014, 36 percent of new industrial tenants were marijuana businesses there and nearly four million square feet of industrial space in Denver was being …


Industrial Build-to-Suit Facility Under Construction Near DIA

DENVER — Becknell Industrial has purchased a 39.8-acre site in Nexus at DIA in Commerce City. A new 540,800-square-foot build-to-suit industrial facility is slated for completion in January 2019. The site is strategically located at Quintero Road and East 81st Avenue, which is immediately adjacent to the Denver International Airport. …


Majority of Denver’s Warehouse Inventory is Inadequate for E-Commerce, CBRE Says

DENVER — According to a new report from CBRE, momentum for additional construction of U.S. warehouses is not likely to wane because the vast majority of the country’s warehouse stock is decades old and ill-suited for the demands of e-commerce. Denver’s warehouse age is even older than the U.S. average, coming in …