Principal Asset Management Buys Novera Commerce Center (386,489 SF) in Denver

Reported Oct 13, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
Principal Asset Management
Seller
Opus Development
Price
Not disclosed
Size
386,489 SF
Asset class
Industrial
Transaction
Sale
Sub-market
North Metro (Westminster / Broomfield / Boulder)
Metro
Denver
Reported date
Oct 13, 2026

Summary

Novera Commerce Center is an industrial sale in North Metro (Westminster / Broomfield / Boulder), Denver. Other details we have: buyer Principal Asset Management; seller Opus Development; size 386,489 SF. REBusiness Online reports: “WESTMINSTER, COLO. — CBRE has arranged the sale of Novera Commerce Center, a proposed three-building industrial development in Westminster. Opus Development sold the project to Principal Asset Management for an undisclosed price. Todd Witty and Daniel Close of CBRE represented the seller and have…”

Quoted from the article; the other facts come from our own deal listing.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Size / Buyer / Seller
    WESTMINSTER, COLO. — CBRE has arranged the sale of Novera Commerce Center, a proposed three-building industrial development in Westminster. Opus Development sold the project to Principal Asset Management for an undisclosed price. Todd Witty and Daniel Close of CBRE represented the seller and have been retained by the new ownership to lead leasing efforts for the development. Located at 13900 Huron St., the 386,489-square-foot project will comprise three buildings ranging from 89,000 square feet to 195,000 square feet. Slated for delivery in the second half of 2027, the development will offer flexible suite configurations, ample loading capacity, trailer parking and modern industrial specifications designed to accommodate a broad range of users. Buildings will accommodate users as small as approximately 18,700 square feet, providing flexibility for a range of occupier sizes.
  • Deal
    CBRE Negotiates Sale of Proposed 386,489 SF Novera Commerce Center in Westminster, Colorado

Article date: 2026-10-13T14:33:53+00:00

Quick answers

Who bought Novera Commerce Center?
Principal Asset Management bought Novera Commerce Center in North Metro, Denver, according to REBusiness Online.
How big is Novera Commerce Center?
386,489 SF, as listed from the source.
When was this sale reported?
Reported Oct 13, 2026 by REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.