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 …


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 …


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 …


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, …


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 …


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 …


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 …


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 …


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 …


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. …