{"id":1371,"date":"2025-05-27T13:20:02","date_gmt":"2025-05-27T13:20:02","guid":{"rendered":"https:\/\/warehousehotline.com\/staging\/3072\/?p=1371"},"modified":"2026-04-22T03:20:01","modified_gmt":"2026-04-22T03:20:01","slug":"project-waterfall-colorado-costar-sale-winner","status":"publish","type":"post","link":"https:\/\/warehousehotline.com\/staging\/3072\/project-waterfall-colorado-costar-sale-winner\/","title":{"rendered":"How The Warehouse Hotline Drove Success: Sun Empire\u2019s Project Waterfall Wins 2025 CoStar Sale\/Acquisition of the Year"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Warehouse Hotline, Colorado\u2019s leading industrial real estate brokerage, brokered the original land sale to Opus Development Company, setting the stage for what would become <strong>Project Waterfall Colorado<\/strong>\u2014winner of the 2025 CoStar Sale\/Acquisition of the Year. This landmark Aurora land sale laid the foundation for a $600 million manufacturing facility that\u2019s now transforming the state\u2019s industrial landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This milestone deal highlights the explosive growth of logistics, distribution, and manufacturing hubs near Denver International Airport, proving that strategic brokerage can spark billion-dollar outcomes\u2014and <strong>Project Waterfall Colorado<\/strong> stands as the perfect example.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">From Land Deal to $600M Industrial Powerhouse<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Sun Empire \u2013 <strong>Project Waterfall Colorado<\/strong> transaction is one of the most transformative in Colorado commercial real estate history:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>320-acre site<\/strong> in Aurora, CO<\/li>\n\n\n\n<li><strong>Sold by Warehouse Hotline<\/strong> to <strong>Opus Development Company<\/strong><\/li>\n\n\n\n<li>Later <strong>sold by Opus to PMI\u2019s U.S. affiliate, Kairus, Inc.<\/strong><\/li>\n\n\n\n<li><strong>$49.8 million resale<\/strong> shattered regional land value records<\/li>\n\n\n\n<li>Enabled a <strong>$600 million advanced manufacturing campus<\/strong> now under construction<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This new facility is expected to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Inject <strong>over $1 billion<\/strong> into the regional economy<\/li>\n\n\n\n<li>Create <strong>5,000 construction jobs<\/strong> by 2026<\/li>\n\n\n\n<li>Generate <strong>500 permanent jobs<\/strong>, reshaping Aurora\u2019s workforce and economic future<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">A Legacy Rooted in Colorado\u2019s Past<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The name Sun Empire honors Aviva Sonenreich\u2019s family legacy. Her father, Izzy Sonenreich\u2014whose surname translates from German to \u201cSun Empire\u201d\u2014helped steward the land for decades. <strong>Project Waterfall Colorado<\/strong> brings new life to this heritage-rich property, meeting modern industrial demands while bridging legacy with innovation in industrial real estate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Original Deal That Sparked It All<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Warehouse Hotline<\/strong> team, led by Izzy and Aviva Sonenreich, brokered the original sale to Opus. The property, part of a <strong>historic 640-acre tract<\/strong>, has been held for generations by the <strong>Sonenreich and McVey families<\/strong>, whose ties to Aurora date back to the 1800s. Located just five minutes from <strong>DIA<\/strong>, the site offered a rare combination of location, scale, and legacy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Complexity, Coordination, and Execution<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Bringing PMI to the table required Opus to coordinate a highly complex transaction involving:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Zoning and infrastructure logistics<\/li>\n\n\n\n<li>Health and safety certifications<\/li>\n\n\n\n<li>Regulatory approvals across agencies<\/li>\n\n\n\n<li>Strategic financing packages<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the challenges, the outcome of <strong>Project Waterfall Colorado<\/strong> represents one of Colorado\u2019s most impactful industrial developments, delivering new jobs, tax revenue, and a bold future for Aurora.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cThis brings major tax revenue and investment into the area, period, regardless of one\u2019s opinion on smokeless tobacco.\u201d \u2014 <em><strong>Nick Jurgens, Madison Commercial Properties<\/strong><\/em><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">Key Players in Project Waterfall<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Initial Seller:<\/strong> Partnerships led by Izzy Sonenreich and the McVey family<\/li>\n\n\n\n<li><strong>Buyer (Original Sale):<\/strong> Opus Development Co.<\/li>\n\n\n\n<li><strong>Buyer (Second Sale):<\/strong> PMI via JLL (David Lee, Jason Addlesperger, Chuck Rosien)<\/li>\n\n\n\n<li><strong>Broker for Second Sale:<\/strong> CBRE (Daniel Close, SIOR; Todd Witty, SIOR)<\/li>\n\n\n\n<li><strong>Original Land Broker:<\/strong> <strong>Warehouse Hotline<\/strong>, Izzy Sonenreich Aviva Sonenreich<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Recognized by Industry Leaders<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This award-winning deal was judged by a panel of leading commercial real estate professionals, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aviva Sonenreich, The Warehouse Hotline<\/li>\n\n\n\n<li>Alex Shapiro, Transwestern<\/li>\n\n\n\n<li>Jeremy Ballenger, CBRE<\/li>\n\n\n\n<li>Nick Jurgens, Madison Commercial Properties<\/li>\n\n\n\n<li>Randy Danielson, Opus Development Co.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Their verdict: Project Waterfall is a regional <strong>game-changer<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What It Means for Industrial Real Estate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Project Waterfall Colorado<\/strong> exemplifies how innovative brokerage, strategic legacy assets, and sharp execution can create transformative outcomes in industrial and warehouse real estate. It demonstrates how large-scale projects can drive job creation, economic revitalization, and elevated industry benchmarks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Warehouse Hotline isn\u2019t just closing deals, we\u2019re creating impact with landmark transactions like <strong>Project Waterfall Colorado<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Warehouse Hotline isn\u2019t just closing deals\u2014we\u2019re creating impact:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Job creation<\/li>\n\n\n\n<li>Economic revitalization<\/li>\n\n\n\n<li>Elevated industry benchmarks<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Want More Success Stories Like This?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Check out the full list of <strong>2025 CoStar Impact Award Winners <\/strong>and discover how The <strong>Warehouse Hotline<\/strong> continues to shape Colorado\u2019s industrial real estate landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read the full article on CoStar: <strong>Multi-Pronged Land Deal Primes Tobacco Company\u2019s $600 Million Colorado Development Plans<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Connect with Aviva on LinkedIn<\/strong> or tune in to the <strong><a href=\"https:\/\/open.spotify.com\/show\/67JON7LKBvOGlksDVwRN3T?si=e08f8ff31b3648c4\" target=\"_blank\" rel=\"noopener\">Commercial Real Estate<\/a> <\/strong>for industrial leasing insights, deal breakdowns, and real-time market trends.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Learn how <a href=\"https:\/\/www.warehousehotline.com\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><\/strong><\/a><strong><a href=\"https:\/\/warehousehotline.com\/staging\/3072\/\" target=\"_blank\" rel=\"noreferrer noopener\">WarehouseHotline<\/a><\/strong><\/strong> can assist with your industrial property needs.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/warehousehotline.com\/staging\/3072\/contact-us\/\" style=\"background-color:#f04e27\">Let&#8217;s talk.<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Warehouse Hotline, Colorado\u2019s leading industrial real estate brokerage, brokered the original land sale to Opus Development Company, setting the stage for what would become Project Waterfall Colorado\u2014winner of the 2025 CoStar Sale\/Acquisition of the Year. This landmark Aurora land sale laid the foundation for a $600 million manufacturing facility that\u2019s now transforming the state\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","nfd_image_url":"","nfd_onboarding_generated":"","footnotes":""},"categories":[18],"tags":[106,103,105,104,24],"class_list":["post-1371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recognitions-milestones","tag-commercial-real-estate-awards","tag-costar-sale-of-the-year","tag-industrial-real-estate-success","tag-sun-empire-project-waterfall","tag-the-warehouse-hotline"],"acf":[],"jetpack_featured_media_url":"https:\/\/warehousehotline.com\/staging\/3072\/wp-content\/uploads\/2025\/05\/Screenshot-2026-04-22-at-11.14.32-AM.png","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/1371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/comments?post=1371"}],"version-history":[{"count":4,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/1371\/revisions"}],"predecessor-version":[{"id":3626,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/posts\/1371\/revisions\/3626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/media\/5191"}],"wp:attachment":[{"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/media?parent=1371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/categories?post=1371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/warehousehotline.com\/staging\/3072\/wp-json\/wp\/v2\/tags?post=1371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}