Opus Sells 386K-SF Denver Industrial Venture Before Delivery
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Denver multifamily concessions are tightening as the 2024 delivery wave clears, and industrial along the I-25 corridor continues to find institutional bids. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 15th Denver story tracked on the wire in October 2026. All Denver coverage →
Computed from Real Estate Trail’s own tracked coverage
Principal Asset Management has purchased the 386K-SF Novera Commerce Center in Westminster, before it was built. The building is expected to deliver in the second half of 2027. CBRE’s Todd Witty and Daniel Close repre…
External link. Real Estate Trail does not republish source content.
Related coverage — Denver · Industrial
Denver Tech Center office tower acquired by two Colorado firms
Denver Tech Center's Terrace Tower Sells Amid Market Shift
RCS Picks Up Denver’s Terrace Tower
Real Capital Solutions (RCS) , in partnership with Dunton Commercial, has acquired Terrace Tower, a 243,464-square-foot Class A office building in the Denver Tech Center. The 12-story tower is located at 5619 DTC Park…
Griffis Residential Announces Commencement Closing of Griffis Premium Apartment Fund VII
Fund VII succeeds $525 million Fund VI, building on a 40+-year investment and operating track record DENVER, Oct. 9, 2026 /PRNewswire/ -- Griffis Residential ("Griffis"), a vertically integrated multifamily real estat…
Denver office tower adds artist residency amid leasing push from new owner
Limestone Custom Homes Expands to Larimer County with New Luxury Build at TPC Colorado
One of Colorado's leading design-build custom home companies — with offices in Castle Rock and projects across Douglas County, Denver, and the Colorado mountains — brings its design-build model to Northern Colorado wi…