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.
Reported by the Deals desk from Connect CRE. Published . Corrections