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Opus Sells 386K-SF Denver Industrial Venture Before Delivery
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 represented Opus Development and assisted in raising equity for the project. They have been retained by Principal Asset Management to lead leasing efforts for the development.
Close adds, “The project can accommodate a wide range of occupiers, from regional distributors and e-commerce users to light manufacturing and service-related industrial companies seeking access to the growing northern Colorado population base.”
Located at 13900 Huron St., the project will comprise three buildings ranging from approximately 89,000 square feet to 195,000 square feet. Buildings can accommodate users as small as approximately 18,700 square feet.
Situated in Denver’s North submarket, Novera Commerce Center benefits from direct access to Interstate 25. The site lies within a Colorado Enterprise Zone and Opportunity Zone, providing additional advantages for prospective occupiers.
- ◦Sale/Acquisition
