Colorado Premium Purchases Property Adjacent to Current Location
Denver, CO – Due to its rapid growth, Colorado Premium Foods, LLC. purchased a neighboring cooler freezing industrial building for $12.5 million. They acquired the 124,500 square foot property from Pinnacle Real Estate on July 6. Prior to the sale, Colorado Premium Foods, LLC signed for a ten year lease …
Denver South Economic Development Partnership: Quarterly Economic Summary
Denver, CO – Economic indicators in the Denver South* region improved through the first quarter of the year with rising employment, falling unemployment rates, and an improving commercial real estate market. Employment in the Denver South region increased 3.3 percent in the fourth quarter of 2015 compared with the prior year, representing …
Boulder’s First Cross-Laminated Timber Building to Be Erected in South Boulder
Denver, CO —Penton, parent company of New Hope Network, is set to move from its downtown Boulder Pearl Street headquarters to a new state of the art 60,000 square foot, cross-laminated timber (CLT) building in South Boulder. Penton will occupy the former warehouse space in the building referred to as …
Warehouse & Distribution Users Drive Industrial Leasing
Denver, CO – CBRE Colorado Research Team recently released their latest MarketFlash and reports that warehouse and distribution space accounted for 84% of all industrial leasing activity in Denver. CBRE Research reports the following: “Nearly 12.0 million square feet of industrial space was leased in the Denver area over the past …
Event Round-Up: The Denver Disruption
“In Denver, we’re building buckets so when the rain falls, we’re ready” ~Chris Nevitt, transit-oriented development (TOD) manager for the City of Denver By: Julie Wanzer, LEED AP Denver, CO – Denver Bisnow hosted their latest event on May 24, 2016 at the Four Seasons Hotel Denver entitled, “The Denver Disruption: Is …
HFF Arranges $15.4M Financing for Industrial Warehouse in Denver’s RiNo District
Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $15.464 million in bridge and construction financing for 2323 Delgany, an 83,133 SF, 100-percent-leased industrial warehouse located in Denver’s River North (RiNo) District. HFF worked exclusively on behalf of the borrower, a joint venture between EverWest Real …
Denver Building Boom Reaches $4.2 Billion
Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research
To Spring Forward, CRE Should Look Back
In theory, analysis of market research can prevent the commercial real estate industry from repeating the mistakes of the past. Left unheeded, market research can only provide numbers and statistics. by Julie Wanzer, LEED AP As we “spring forward” into the second quarter of 2016, it can be beneficial to …
E-Commerce Driving Industrial Commercial Real Estate Industry
View here Amazon is set to open their first major hub in Colorado, occupying 452,400 SF of industrial warehouse space of the Majestic Commercenter in Aurora. Majestic Realty Co. expanded the business park with the acquisition of 530 acres back in November of 2015. Majestic Commercenter currently offers 3.5 million SF of …
11,250 SF Industrial Building Sold Arvada
Arvada, CO – NavPoint Real Estate Group announced the sale of an 11,250 SF industrial building at 5355 W 59th Ave in Arvada. The seller was R&M, LLC and the buyer was SCSG, LLC. Heather Taylor of NavPoint Real Estate Group handled this transaction that successfully closed in March 2016. The …