For over 25 years, Etkin Johnson Real Estate Partners has taken a leading role in the acquisition and development of property throughout Colorado's Front Range, earning the company its current status as the premier commercial real estate company in the greater Denver area. Dedicated to innovating while maintaining a fiscally sound base, Etkin Johnson is committed to providing clients with the highest levels of service.

Contact

Etkin Johnson Real Estate Partners
1512 Larimer Street, Suite 100 (Bridge Level)
Denver, Colorado 80202
303.650.6500

Sign Up For Our Newsletter

Contact: 303.650.6500|info@etkinjohnson.com

Monthly Archives: December 2015

Etkin Johnson buys land for another spec building in CTC

As Seen In BizWest – December 1, 2015

Etkin Johnson Real Estate Partners plans to break ground in the spring on a 152,992-square-foot building at 633 CTC Blvd. in the Colorado Tech Center.

LOUISVILLE – Just as Etkin Johnson Real Estate Partners broke ground on one large speculative industrial/flex building in Louisville’s Colorado Technology Center on Tuesday, the company also announced plans for its next.

Officials for Denver-based Etkin Johnson said they closed last week on the $1,975,000 purchase of 12.2 acres of land at the southwest corner of CTC Boulevard and Boxelder Street. There they plan to break ground next spring on a 152,992-square-foot office/flex/industrial building with an address of 633 CTC Blvd.

Etkin Johnson bought the land for the 633 CTC Blvd. building from California-based Hill Properties, a deal that included four adjacent parcels.

Construction has begun, meanwhile, on 2000 Taylor Ave., a 120,581-square-foot building with 24-foot clear ceilings and 16 loading docks. That building is expected to be completed by next summer.

Etkin Johnson officials said 2000 Taylor has seen interest from multiple natural and organic food companies. Etkin Johnson executive vice president Ryan Good said via telephone Tuesday that the goal would be to lease the building to a single tenant but that it could be broken up if necessary. Good declined to disclose the projected cost to construct the new buildings.

The last three spec buildings Etkin Johnson has built in the CTC within the last 12 to 18 months have all been leased to single tenants. Those included 1900 Cherry, a 66,350-square-foot building leased to Whitewave Foods; 1900 Taylor, a 136,000-square-foot-building leased to Fenix Outdoor; and 1960 Cherry, a 60,000-square-foot building leased to Packers Plus Energy Services.

“That would be our goal,” Good said.

Etkin Johnson’s CTC portfolio of industrial/flex space now includes nearly 1 million square feet that is 100 percent leased.

“Companies looking to expand in Boulder County continue to see CTC as their ideal location when considering space availability, lease rates and expansion capabilities,” Good said in a press release. “We’re confident both 2000 Taylor and 633 CTC will see significant interest and we are hopeful they will follow the same trend as our newest CTC spec buildings and lease up prior to full construction.”

Denver real estate firm breaks ground on Louisville industrial development

As Seen In The Denver Business Journal – December 1, 2015

A new industrial building at 2000 Taylor St. in Louisville has broken ground.

Denver-based Etkin Johnson Real Estate Partners has broken ground on its latest development, a 120,581-square-foot speculative flex industrial building at the Colorado Technology Center in Louisville.

Speculative flex industrial refers to space that is not necessarily leased when construction begins, and has room for office space.

The new development is located at 2000 Taylor Avenue and will include 24-foot ceilings, heavy power, loading docks and energy-efficient design. The project is expected to be complete in summer 2016.

“Colorado Technology Center is an ideal environment for the development and growth of innovative, specialized businesses like organic food and natural product companies,” said Ryan Good, executive vice president and partner at Etkin Johnson. “The vision we have for CTC is to provide a growth platform for these small- to mid-sized businesses in order for them to flourish in Boulder County.”

Etkin Johnson has been busy leasing portions of the Colorado Technology Center in 2015, including leases to Packers Plus Energy Services, Fenix Outdoor Imports, WhiteWave Foods and a long-term lease expansion with Fresca Foods, an existing tenant of Colorado Technology Center that signed a new lease from nearly 115,000 square feet.

“CTC’s proximity to Boulder made it a natural fit for us,” said Zan Powell, CFO and COO of Fresca Foods. “Boulder County is considered to be the epicenter of the natural products industry. As a partner to many entrepreneurial natural food companies, locating ourselves in CTC has allowed us to be close to many of our partners and thought leaders in the industry.”

Etkin Johnson also Tuesday announced plans for a development on 12.2 acres at the southwest corner of CTC Boulevard and Boxelder Street. The company purchased land from Hill Properties for $1.9 million or about $3.72 per square foot and has plans to build 152,992 square feet of office and flex industrial space on the site. Groundbreaking on the project, called 633 CTC, is planned for next spring.

“Companies looking to expand in Boulder County continue to see CTC as their ideal location when considering space availability, lease rates and expansion capabilities,” Good said. “We’re confident both 2000 Taylor and 633 CTC will see significant interest and we are hopeful they will follow the same trend as our newest CTC spec building and lease-up prior to full construction.”

Etkin Johnson in November sold the Retreat at Flatirons, an apartment community, to Invesco Real Estate Advisors for $94 million.