Wind Engineering Firm Breezes into New Lease
FORT COLLINS, CO – CPP Wind Engineering, an international wind consultancy based in Fort Collins, recently signed a new lease at 7365 Greendale Road in Windsor. The new lease will combine CPP’s office and wind tunnel operations under one roof. Peter Kast, Annah Moore and Matt Patyk, with CBRE’s Northern Colorado office represented CPP …
Avison Young’s 2018 CRE Forecast
DENVER — Rapid change is underway in the world’s commercial real estate industry, and the dynamics are in flux as the current investment cycle enters its latter stage. The industry continues to contend with differing property fundamentals across asset types, markets and regions, with occupier behavior, innovation and technology acting …
Denver Industrial Portfolio Sells for $51M
DENVER – The Denver Industrial Portfolio of 16600 Table Mountain, 6400 Broadway and Bryant Street Quad (2390 – 2500 West 4th Avenue) has sold to TH Real Estate, an affiliate of Nuveen (the investment arm of TIAA), for $51,000,000 — highlighting investors’ continued appetite for Industrial product. Totaling 485,984 square feet, the portfolio …
CBRE Q4 Reports for Denver Metro Office, Retail and Industrial Sectors
DENVER – CBRE Research has released reports on metro Denver’s office, retail and industrial sectors for Q4 2017 / year-end 2017. The Denver office market ended strong in the final quarter of the year, with occupancy of newly delivered Class A space as the driving force for positive net absorption …
Broe Real Estate Group Purchase Prime Office Space in Boulder
DENVER – Broe Real Estate Group, a private real estate investment firm, today confirmed the purchase of a 461,000-square-foot office/lab facility located at 2452 Clover Basin Drive in Longmont — one of the largest available contiguous blocks of office space in Boulder County. The 24-acre business campus was constructed in 1989, …
California-based Company Acquires Denver Business Park
DENVER — Holliday Fenoglio Fowler, L.P. (HFF) has announced the $11.2 million acquisition financing of Turnpike Business Park, a seven-building flex industrial business park totaling 188,077 square feet, situated on 12 acres at 7100 Broadway. The HFF team worked on behalf of the borrower, The Bendetti Company, a Southern California-based commercial real …
Cresa Selected to Manage National United Access Portfolio
DENVER — United Access, a supplier of wheelchair accessible vehicles and equipment to individuals with physical disabilities, has selected Cresa — the worlds largest tenant-only commercial real estate firm — to manage its national real estate portfolio of sales and service centers. The portfolio is comprised of 26 industrial and retail properties, including …
Cherry Creek School District Purchases Industrial/Flex Property in Centennial
DENVER – An 88,238-square-foot industrial/flex property located at 14603 East Fremont Avenue in Centennial, Colorado has been sold to Cherry Creek School District. CBRE facilitated the $8.25 million sale. Daniel Close and Matt Kawulok with CBRE Industrial & Logistics Services in Denver represented the seller, Bow River Capital Partners of Denver. Bow River originally purchased …
Logistics, Delivery and Warehouse Company to Lease Industrial Space Along I70 Corridor
DENVER – PEPMOVE (Precision Equipment Placement) has signed a 5-year lease of Class B warehouse space at 14603 East Moncrieff Place in the Moncrieff Business Center, located just off I-70 and I-225 in Northeast Denver. JLL recently secured the 5-year, $44k lease for PEPMOVE. The 44,264-square-foot industrial space is almost twice as large as their …
National Western Neighborhood’s Transformation Creates Historic Demand
DENVER – Newmark Knight Frank (NKF) announces the sale of 4920 North Washington Street in Denver. The 40,530-square-foot industrial asset located on 4.29 acres was sold by GI Investments, LLC for $7.1 million, or $175.18 per square foot, to a local developer. Located near the new $1.1 billion National Western Center (NWC) in …