Industrial property trades for $4 million
11.2.16 Commerce City Industrial Building Sale, Denver Industrial Real Estate, Nick SchillThe property sold on an in-place cap rate of 7.5%, with 15 tenants and 100% occupancy. The lease rate is $9.76 per square foot, modified gross, and expenses are $1.44 psf. Seller acquired this property in core and shell condition in February 2010 for $1.05M. ...
New on Crane Watch: 2 million square feet of industrial development
10.31.16 Denver Commercial Construction, Denver Commercial Real Estate, Denver Industrial Real EstateThe latest update to Crane Watch demonstrates the Denver metro area’s need for industrial space and how developers are answering that need — and not just in the typical industrial hotspots like Denver’s Montbello neighborhood and Aurora. Of the 15 ...
Illinois firms buy 26 acres in Westminster for industrial development
9.30.16 Commercial Real Estate Denver, Denver Industrial Real Estate, Westminster Industrial Real EstateBy Molly Armbrister, Denver Business Journal Two Illinois-based real estate firms have acquired a 26-acre-parcel in Westminster with plans to build 324,000 square feet of industrial space. Conor Commercial Real Estate and WHI Real Estate Partners L.P. ...
‘Yard’ brings creative office, amenities to Denargo Market
9.17.16 Denargo Market, Denver Industrial Real Estate, Denver RedevelopmentBy Jill Jamieson-Nichols, Colorado Real Estate Journal EverWest Real Estate Partners and WHI Real Estate Partners will bring creative office space to the Denargo Market area with the repositioning of an 85,000-square-foot industrial building they bought early ...