Principal Asset Management buys Denver industrial project from Opus before delivery
The 386,000-square-foot Novera Commerce Center in Westminster is expected to deliver in the second half of 2027, per Connect CRE.
At a glance
Principal Asset Management has purchased the 386,000-square-foot Novera Commerce Center in Westminster, Colorado, from Opus Development before the project was built, Connect CRE reported.
The industrial property 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, per Connect CRE.
Principal Asset Management has purchased the 386,000-square-foot Novera Commerce Center in Westminster, Colorado, from Opus Development before the project was built, Connect CRE reported.
The industrial property 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, per Connect CRE. The report says the brokerage has also been retained by Principal Asset Management.
Save this analysis and keep the funds you follow together in My Desk.
Sign in to save articles or follow funds.
DealsRBC plans to vote against H&R REIT's $2.8B GO Residential asset sale
DealsTKO makes unsolicited $2 billion cash offer for SVC's hotel portfolio
The Wrap