ConstructionDevelopmentIndustrialLand Sales

Power REIT Acquires 10-Acre Property in Crowley County for Greenhouse Development

Power REIT, a real-estate investment trust (REIT) that owns real estate related to Controlled Environment Agriculture, has acquired a 10-acre property in Crowley County, through a wholly owned subsidiary (“PropCo”). The property will include the construction of a 12,000-square-foot greenhouse space and 12,880 square feet of support buildings and infrastructure that will …

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ConstructionDevelopmentIndustrial

Two More Buildings Break Ground at Eastpark 70

Two more buildings are joining Eastpark 70, a Class A industrial development in northeast Aurora. The project by Consolidated Investment Group—an Englewood-based company that actively invests in real estate, capital markets, private equity and philanthropyal—already totals 900,000 square feet across four buildings. Building 5 will total 158,900 square feet and Building …

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BrokerageDevelopmentIndustrialOffice

Kenai Capital Advisors and CWCapital Purchase Westminster Office Portfolio

Kenai Capital Advisors and CWCapital Investment Management have acquired a portfolio of three office/flex properties and one development parcel on Church Ranch Boulevard in Westminster. The partnership purchased the 151,746-square-foot portfolio containing 7237, 7401, and 7403 Church Ranch Boulevard, as well as an adjacent vacant development site, from Etkin Johnson. Essex Financial Group secured …

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Industrial

Arvada Puts Brakes on Amazon Facility

The Arvada City Council rejected Amazon’s proposal for a 112,485-square-foot delivery center at 6730 Indiana St. in Arvada on Monday. The council rejected two resolutions to annex and rezone land needed for the project. The warehouse would have been a last stop for items being loaded into trucks and sent out for delivery, …

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ConstructionDevelopmentIndustrial

Fourth Industrial Building Breaks Ground at Centennial Encompass Business Park

Central Development recently celebrated the groundbreaking at Encompass 171, the fourth building at Encompass Business Park in Centennial. The 171,600-square-foot industrial warehouse building is being built by award-winning general contractor Alcorn Construction and marketed by industrial broker T.J. Smith at Colliers International. Encompass has the most momentum of any park …

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IndustrialReportsRetailSustainabilityTechnology

Global Investment in Warehouse Management Systems Infrastructure for E-Commerce to Exceed $10B in 2030

The COVID-19 pandemic has accelerated explosive growth in e-commerce retail market share. A large ecosystem of warehouse refurbishment management software providers, new as a service companies, and logistics providers are expanding rapidly to meet demand. New and more efficient technologies are available to reduce energy intensity in this area, leading …

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ConstructionDevelopmentEventsIndustrial

Groundbreaking: United Properties’ Trade@2534

On June 8, Commercial Developer and Investor United Properties broke ground on Trade@2534. The 280,323-square-foot Class A industrial project, located at 4201 Ronald Reagan Blvd., marks the developer’s third project in the 2534 master-planned community in Johnstown. The project is part of a joint-venture partnership between United Properties and PCCP, a …

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BrokerageIndustrialOffice

88,000 sq. ft. Flex Medical Office/Industrial in Greeley Sells for $8.5M

Cushman & Wakefield recently brokered the sale of a unique 88,000-square-foot medical office/industrial flex facility in Greeley. The property is approximately 37 percent net-leased to one of the largest nonprofit health care systems in the country and sold for $8.5 million. The asset was acquired by a private investor that …

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BrokerageConstructionDevelopmentIndustrial

Becknell Industrial Adding 500,000 sq. ft. at Nexus at DIA

With metro Denver’s industrial market off to a strong start in 2021, Indiana-based Becknell Industrial will break ground on 500,000 additional square feet of warehouse/distribution space at Nexus at DIA, a newly developed industrial park in Commerce City. The two new buildings are being marketed for sale or lease by CBRE’s Jim …

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BrokerageConstructionDevelopmentEventsIndustrial

Groundbreaking: 400-Acre Industrial & Logistics Park Near DIA

Shovels struck dirt yesterday at HighPoint Elevated, the 400-acre industrial and logistics park being developed by Hyde Development and Mortenson, located at the interchange of E-470 and East 64th Avenue near DIA. Building 1, a 541,840-square-foot speculative building broke ground and is slated to deliver in the second quarter of 2022. …

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