BrokerageIndustrial

Black Creek Group Purchase Two Industrial Facilities

Denver-based Black Creek Group recently purchased two industrial properties out of state, one in Texas and the other in Indiana. JLL marketed both properties on behalf of their sellers. Valwood Crossroads, a brand new, Class A, state-of-the-art, fully leased, two-building industrial park totaling 618,052 square feet in the Dallas-Fort Worth community …

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BrokerageIndustrial

Distribution Building at I-70 and Peña Sells for $7.1M

A 75,000-square-foot distribution building located at 15800 East 40th Avenue in Aurora has sold for $7,125,000. Todd Witty and Doug Viseur with CBRE’s Denver office represented the seller, Serta Simmons Bedding. Dalfen Industrial from Dallas, Texas, purchased the property in a transaction that closed April 30. Serta Simmons has consolidated into a facility …

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BrokerageIndustrial

Centrally Located Denver Industrial Facility Fills Remaining Vacancies

A 112,509-square-foot industrial facility, located in an enterprise zone within unincorporated Adams County at 500 W. 53rd Place, has signed two new tenants. Threewit-Cooper Cement Co., a Denver-based masonry building product supplier, leased 25,208 square feet and Hajoca Corporation, the nation’s largest privately held wholesale distributor of plumbing, heating, cooling and industrial …

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BrokerageDevelopmentIndustrialOfficeRetail

Leasing of Flex Space in Frederick Prompts Neighboring Land Sale

5.03 acres of land located at 4465 Salazar Lane in Frederick, CO has sold for $700,000. In addition, 100 percent of the 12 units at a new 30,000-square-foot flex space in a neighboring area located at 4030 Bruin Blvd, were leased to small business owners including contractors, financial advisor, coffee roaster, pool …

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BrokerageIndustrial

Lakewood Industrial Property Sets Record Price Per Square Foot

Cushman & Wakefield recently brokered the sale of a freestanding industrial building in Lakewood. Located at 12290 W. Alameda Dr., the 4,465-square-foot building is situated on 1.55 acres and sold for $1.465 million or $328/sf. The seller was 1st Electric Investors LLC and the buyer was 3bar Denver LLC, an …

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ConstructionDevelopmentIndustrial

JAG Logistics Center Signs First Two Tenants

JAG Logistics Center @ DEN, a prominent 250-acre industrial park located immediately south of Denver International Airport (DEN) has signed its first two tenants, only eighteen months after the development’s conception and more than two months prior to the completion of its first building. While the economic impact of COVID-19 continues, …

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BrokerageDevelopmentIndustrialInvestment

Black Creek Group Expands Presence in Denver Industrial Market

Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, recently purchased a 151,000-square-foot Class B industrial building at 5000 Lima St. in Denver. The property is currently 100 percent leased to courier service provider Express Messenger Systems. EXDO Properties – which oversees the management of …

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ConstructionDevelopmentIndustrial

Industrial Flex Building Breaks Ground at CTC

The appetite for industrial/flex real estate along the Northwest Corridor remains strong. Etkin Johnson Real Estate Partners recently broke ground on a new 146,320-square-foot industrial/flex building located in the Louisville Corporate Campus at the Colorado Technology Center (CTC). Slated for completion in Q1 2021, the building will provide an innovative, flexible and sustainable …

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IndustrialInvestment

Denver Investment Firm Acquires Amazon Customer Service Center in West Virginia

Denver-based real estate investment firm Sentinel Net Lease, has acquired an Amazon Customer Service Center in Huntington, West Virginia for $16.9 million, from an affiliate of Lexington Realty Trust. The 69,000-square-foot property sits on 7.9 acres in Kinetic Park, the premier technology park in the greater Huntington metro area. Sentinel was formed …

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BrokerageIndustrial

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 …

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