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 …

READ MORE →
BrokerageDevelopmentIndustrialLand SalesRetail

Becknell Industrial to Develop Industrial Distribution Facility in Commerce City

According to Cushman & Wakefield, Becknell Industrial has purchased two land sites totaling 170 acres, along with a subsequent lease for a brand new 1-million-square-foot build-to-suit distribution location for a yet to be named national home improvement retailer, in Commerce City. Becknell purchased the land for a combined $22.4 million, according …

READ MORE →
BrokerageDevelopmentLand SalesMultifamily

Multifamily Development Coming to Central Park Master Plan

Mid-America Apartment Communities, a publicly traded real estate investment trust based in Memphis, Tennessee, has purchased a 26.92-acres of vacant land at the South East Corner of Central Park Boulevard and Northfield Boulevard in Denver. The tract is in the Central Park master plan, formally known as Stapleton, and is entitled for multifamily …

READ MORE →
BrokerageLand SalesRetail

14 Acres Sells in Thornton for New King Soopers

Dillon Companies, Inc. (owned by The Kroger Co.) of Cincinnati, has purchased 14 acres in Thornton for the construction of a large-format King Soopers grocery store and fuel center in the master-planned Amber Creek community. Jon Weisiger and Jim Lee of CBRE’s Denver office represented the seller, Stratus Companies of Greenwood Village, CO. “Grocery …

READ MORE →
BrokerageDevelopmentLand SalesMultifamilyRetail

Land at Nine Mile Corner Acquired

Evergreen Devco, Inc. recently acquired the first phase of land from the Town of Erie Urban Renewal Authority for its 48-acre Nine Mile Corner mixed-use, public-private partnership, and construction activities commenced Oct. 5. Located at the southeast corner of intersection U.S. 287 and Arapahoe Road, Nine Mile Corner consists of approximately …

READ MORE →
BrokerageDevelopmentIndustrialLand Sales

Hampton Yards, LLC Acquires Industrial-Zoned Property in Off-Market Deal

Denver-based Hampton Yards, LLC has acquired a 26.6-acre industrial-zoned property in Commerce City. The site located at 9975 E 104th Ave, consists of four buildings totaling more than 31,000 square feet of commercial space. A sale price was not disclosed. “This parcel features all of the attributes we are focusing …

READ MORE →
BrokerageLand SalesMultifamily

1.65-Acres Adjacent to Broncos Stadium to be Redeveloped

Minneapolis-based The Opus Group has purchased a 1.65-acre land parcel at 19th & Clay in Denver. Newmark Knight Frank (NKF) Multifamily arranged joint venture equity for the development of a future 277-unit luxury apartment development. The vacant lot and parking garage are located adjacent to the Broncos Stadium Redevelopment in the thriving …

READ MORE →
BrokerageDevelopmentIndustrialLand Sales

30 Acres in Commerce City Sells to Chicago-based Industrial Outdoor Ventures

Chicago-based Industrial Outdoor Ventures (IOV) has closed on two land sale transactions in the Denver metro area, totaling approximately 30 acres. Located at 10600 Havana Street and 8780 E. 93rd Place in Commerce City, both sites will be developed into industrial buildings with outdoor storage. Newmark Knight Frank’s (NKF) Mike …

READ MORE →
Land SalesReports

Colorado a Top 5 Market for Vacant Land Sales

Vacant land is a hot commodity in the commercial real estate sector. According to CRE data platform Reonomy, recent sales volume across the asset class has grown steadily over the past few years, with average sales price following suit in many markets. While national performance is strong, the national vacant …

READ MORE →