{"id":1004490361,"date":"2020-11-05T06:33:35","date_gmt":"2020-11-05T14:33:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004490361"},"modified":"2025-02-26T02:24:40","modified_gmt":"2025-02-26T10:24:40","slug":"cbre-brokers-16m-colorado-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-16m-colorado-industrial-sale\/","title":{"rendered":"CBRE Brokers $16M Colorado Industrial Sale"},"content":{"rendered":"<div id=\"attachment_1004490364\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004490364\" data-attachment-id=\"1004490364\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-16m-colorado-industrial-sale\/rocky-mountain-center-for-innovation-and-technology\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg\" data-orig-size=\"1000,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Rocky Mountain Center for Innovation and Technology\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rocky Mountain Center for Innovation and Technology&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg?w=1000\" class=\"wp-image-1004490364 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Rocky-Mountain-Center-for-Innovation-and-Technology.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004490364\" class=\"wp-caption-text\">Rocky Mountain Center for Innovation and Technology<\/p><\/div>\n<p>CBRE has facilitated the $15.5 million sale of the Rocky Mountain Center for Innovation and Technology, an 811,817-square-foot flex\/industrial complex in Loveland, Colo. Senior Vice Presidents Mike Camp and Greg Haynes, along with Vice Presidents Mike Eyer and Julius Tabert, represented the seller, Cumberland &amp; Western Resources.<\/p>\n<p>A local private investor acquired the facility, drawing on a $10 million seller carry back, according to public records. The note carries a 4 percent fixed interest rate over a one-year term. The asset previously traded in 2011, when the City of Loveland sold it for $5 million, Yardi Matrix shows.<\/p>\n<p>Located on 177 acres at 815 14th St. SW, the park encompasses four buildings completed in several phases between 1962 and 1980. The property has fiber optic connectivity and up to 8 MW of power capacity. Additionally, the buildings have a total of three dock-high and seven grade-level doors. The tenant mix includes EWI Colorado, voestalpine Signaling and Lightning eMotors.<\/p>\n<p>The property is a short distance from the intersection between South Lincoln Avenue and 14th Street Southeast. The complex is 6 miles west of Interstate 25 and 50 miles north of downtown Denver.<\/p>\n<p>Earlier this month, CBRE <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-10m-inland-empire-office-sale\/\">negotiated the $10.3 million sale<\/a> of Stewart Plaza, an 84,498-square-foot medical office property in Upland, Calif. The brokerage assisted the seller and secured financing for the buyer.<\/p>\n<div><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em> or send your deal to <\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mike Eyer, Mike Camp, Julius Tabert and Greg Haynes assisted the seller of the 811,817-square-foot property.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21825,21748,21783,21742,15],"tags":[32789],"class_list":["post-1004490361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-finance","category-industrial","category-investment","category-latest","category-west","tag-cbre"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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