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Central Development Celebrates Full Lease-Up of 950 Vapor Trail
Central Development Celebrates Full Lease-Up of 950 Vapor Trail
Central Development Celebrates Full Lease-Up of 950 Vapor Trail 1024 597 Central Development Properties

Strong Performance Reflects Prime Product Fit in a Robust Industrial Submarket Denver-based Central Development is celebrating an important milestone in the history of any new development: 950 Vapor Trail, a speculative 58,500 SF industrial building located in the booming Colorado Springs Airport (COS) area, is now fully leased. The rapid lease-up of the build-to-suit at Aerotech Commerce Center –…

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Colorado Springs commercial real estate fairly strong 2 years after pandemic's onset — with an exception
Colorado Springs commercial real estate fairly strong 2 years after pandemic’s onset — with an exception
Colorado Springs commercial real estate fairly strong 2 years after pandemic’s onset — with an exception 1024 597 Central Development Properties

By Rich Laden rich.laden@gazette.com INDUSTRIAL The industrial market remained arguably the strongest segment of the Springs’ commercial real estate market over the last two years, industry experts say. Quantum Commercial’s fourth-quarter report shows the vacancy rate for industrial buildings dipped to 5% by the end of 2021; the rate has declined by roughly 1 percentage…

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Fourth Industrial Building Breaks Ground at Centennial Encompass Business Park
Fourth Industrial Building Breaks Ground at Centennial Encompass Business Park
Fourth Industrial Building Breaks Ground at Centennial Encompass Business Park 1024 597 Central Development Properties

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 in the area. Established in 2017, the 62-acre mixed-use infill industrial park…

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Apartment hunting in Colorado changes forever
Apartment hunting in Colorado changes forever
Apartment hunting in Colorado changes forever 1024 597 Central Development Properties

Multifamily Properties Quarterly The short- and long-term effects of the COVID-19 pandemic on the multifamily sector will be felt long past 2020, as renters come to terms with our changed world. In fact, it’s highly likely that apartment hunting will never go back to “normal.” As people’s priorities, budgets, lifestyles and working habits have changed,…

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A local firm’s perspective: We’ll get through it together
A local firm’s perspective: We’ll get through it together 1024 597 Central Development Properties

Like every other industry, Colorado’s real estate and development sector is reeling from the impact of COVID-19. Big openings have been put off. High profile deals have been delayed or cancelled. For many local businesses, reopening isn’t a certainty. Landlords are facing questions from tenants in financial trouble. Buyers are hesitating. Everyone is hoarding cash.…

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Platte 56 Branding
Platte 56 Earns MAME Awards for Best Website and Best Logo.
Platte 56 Earns MAME Awards for Best Website and Best Logo. 1024 512 Central Development Properties

Platte 56 earned the “Best Website” and “Best Logo Design” wins from the Home Builders Association for marketing in 2019. Our marketing partner, DB Marketing helped tell the story of life along the river and the human connection to nature, bringing to life the logo tagline, “The adventure begins at home.” This year’s Marketing and…

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Cushman & Wakefield Facilitates Sale of 2 Buildings at Robinson Marketplace for a Combined $5.25 Million
Cushman & Wakefield Facilitates Sale of 2 Buildings at Robinson Marketplace for a Combined $5.25 Million
Cushman & Wakefield Facilitates Sale of 2 Buildings at Robinson Marketplace for a Combined $5.25 Million 1024 597 Central Development Properties

Cushman & Wake eld has announced the sale of 677 Alcott Street and 646 Bryant Street, two buildings at Robinson Marketplace, located at the NWC of 6th Ave and I-25 in Denver, CO. The two buildings closed on September 12th and sold for a combined $5.25 million to Denver-based eTuk USA. Robinson Marketplace is comprised of…

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Tuk tuk company execs buy industrial space in Sun Valley
BusinessDen: Tuk tuk company execs buy industrial space in Sun Valley
BusinessDen: Tuk tuk company execs buy industrial space in Sun Valley 1024 597 Central Development Properties

Executives with a local manufacturer of three-wheeled electric shuttles have purchased industrial space in Denverʼs Sun Valley, but the company is staying put in Park Hill for now. Walid Mourtada, CEO of Denver-based eTuk USA — whose vehicles known as tuk tuks start at just under $20,000 — said Monday that he and business partners…

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Amazon delivery centers look to bridge the last mile
Amazon delivery centers look to bridge the last mile
Amazon delivery centers look to bridge the last mile 1024 597 Central Development Properties

Amazon opens an 80,000-square-foot delivery center in Centennial. Amazon is rapidly adding delivery stations across the country to better handle the rising number of orders it receives, and a big one landed on Centennial’s porch last month. “We are bringing in packages from all over the United States,” said Kerry Person, vice president of Amazon…

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Central Development sees value in keeping iconic property part of Denver’s food distribution chain
Central Development sees value in keeping iconic property part of Denver’s food distribution chain 863 575 Central Development Properties

(read full article…) If you’ve driven Sixth Avenue west out of downtown Denver, you’ve probably seen the Robinson Dairy sign north of the highway, its six white prongs jutting upward above the defunct brand’s white-and-blue logo. Now, five years after Robinson folded and shuttered its operations there, the dairy has been sold. Unlike many centrally…

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