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RE Conference: Institutional frenzy? Not yet, industry professionals say – BizWest

RE Conference: Institutional frenzy? Not yet, industry professionals say – BizWest
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Etkin Johnson continues sell-off with Lafayette Corporate Campus deal – BizWest

Etkin Johnson continues sell-off with Lafayette Corporate Campus deal – BizWest
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Bobo's Oat Bars seeks incentives to consolidate manufacturing in Northern Colorado – BizWest

Bobo's Oat Bars seeks incentives to consolidate manufacturing in Northern Colorado – BizWest
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Tech center properties drew wide range of sales prices – BizWest


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As BizWest
reported in April, Etkin Johnson Real Estate Partners, developers of the Colorado Tech Center in Louisville, sold off its properties in the business park for just under $393 million. The sale was seen as the largest sale by dollar volume in Colorado history. 
Starwood Real Estate Investment Trust of Miami, Florida, was the buyer of the 1.67-million-square-foot portfolio.
At the time of the announcement, the sales had not been recorded with Boulder County. That has since changed.
Properties and their sales prices are:
633 CTC Blvd. — $40,531,900
2000 Taylor Ave. — $35,791,200
1900 Taylor Ave. — $31,705,900
1775 Cherry St. — $31,380,400
600 Tech Court — $30,625,000
1795 Dogwood St. — $27,743,900
725 Tech Court — $25,000,000

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Ektin Johnson sells off CTC portfolio for $393M, winds down operations

Ektin Johnson sells off CTC portfolio for $393M, winds down operations
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Exclusive: Starwood confirmed as CTC portfolio buyer – BizWest


LOUISVILLE — Starwood Capital Group, a Miami-based private investment group, is the buyer of Etkin Johnson Real Estate Partners’ Colorado Technology Center portfolio.
“Over the past decade, we have had great experience investing in the Denver market and are excited to expand our local portfolio with these high-quality, well-located assets,” Starwood managing director David Baker told BizWest in an emailed statement. “The Colorado Technology Center is Starwood Capital’s first industrial investment in Denver, and we look forward to building on the park’s well established track record of success.”
Etkin Johnson, which is winding down operations after the portfolio sale, offloaded its remaining 16 properties in the Louisville business park to Starwood for just less than $393 million, the largest sale by dollar volume in Colorado history.

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Ektin Johnson sells off CTC portfolio for $393M, winds down operations – BizWest


LOUISVILLE — Etkin Johnson Real Estate Partners, one of the main developers of the Colorado Tech Center, has sold off its remaining 16 properties in the Louisville business park for just under $393 million and plans to wind down the company’s operations after more than three decades in business.
That’s good for the largest sale by dollar volume in Colorado history. BizWest
that the portfolio, along with other Etkin Johnson holdings, was on the market.
The sales have yet to be recorded with Boulder County, and Etkin Johnson is not identifying the institutional investor that scooped up the 1.67 million-square-foot portfolio.
However, 20 limited liability companies with names that include the CTC properties’ addresses or other references to CTC have been registered with the Colorado Secretary of State’s office in recent weeks. For example, one of the newly formed entities is called “SREIT 1480 Arthur Avenue LLC.”

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$393M industrial portfolio sale in Louisville's CTC | Business


Longtime Denver-based commercial real estate company Etkin Johnson announced Wednesday what it dubbed the “largest industrial sale in Colorado” with its $392.9 million portfolio sale at Louisville’s Colorado Technology Center.
The 1.67 million-square-foot, 16-building, industrial portfolio was sold to an undisclosed institutional investor. Boulder County assessor records do not yet reflect the sale, as it still shows the properties owned by Colorado Technology Center Portfolio LLC of Denver with Etkin’s longtime 1512 Larimer St. address.
“In addition to the quality of the assets, the portfolio drew interest for its strong credit tenancy, representing a mix of high-growth industries including aerospace, life sciences, manufacturing, e-commerce and third-party logistics,” CBRE Executive Vice President Jeremy Ballenger, part of the team who represented Etkin Johnson, said in a statement.

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Exclusive: Etkin Johnson sells Boulder County industrial portfolio for record $393M, begins winding down business

Exclusive: Etkin Johnson sells Boulder County industrial portfolio for record $393M, begins winding down business
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