Denver Industrial Outlook

Gain insights into market trends, investment opportunities, and strategies to meet end-users' needs in Colorado's evolving landscape

Event Ended On: Wednesday July 30 2025

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Event Host

Simms Technology Park

Property Description: Simms Technology Park is located at the intersection of Simms Street and W 112th Avenue in Broomfield, CO. Upon completion, the project will contain nearly 600,000 square feet of commercial space, including 348,600 square feet of Class ‘A’ office, 221,040 square feet of flex/R&D space, and 8,380 square feet of retail space. Development plans also include up to 6.82 acres of land for pad site use.

Speakers and Panels

Navigating Market Shifts

Strategies for success amid economic uncertainties, supply-demand fluctuations and development trends

Celeste Tanner

Celeste Tanner is the co-founder and chief development officer of Confluent Development. Bringing nearly 20 years of industry experience, she established the full-service real estate investment and development firm to bring a new vision of development within the industry to life. In her role, she steers the firm’s execution across all phases of real estate development, successfully delivering custom and complex projects that create significant value in their respective communities. Since the company’s inception in 2014, Celeste has overseen more than $1.5 billion in development projects across the organization’s diverse portfolio, consisting of more than 100 industrial, office, retail, mixed-use and senior housing development projects. Under Celeste’s guidance, Confluent has delivered award-winning projects and works with some of the country’s most sophisticated clients including Target, FedEx, Starbucks, Mikron Corporation, Vectra Bank, and Charter Communications, among others. In her previous role as director of real estate development at Opus Development Company, Celeste led the real estate project team for its Denver office and played a key role in the ground-up development of more than 5 million square feet of commercial and multi-family space. Celeste holds a B.A. from the University of Colorado at Denver, is an alumnus of the Downtown Denver Partnership Leadership Program, and has been awarded for her outstanding achievements from organizations such as The Denver Business Journal, CREW, NAIOP Colorado and Bisnow. Giving Back in Business and Community Celeste has represented the development industry both locally and nationally through her leadership in NAIOP, where she previously served as the chapter president for Colorado. Currently an executive committee member on NAIOP’s national board, she provides a voice for Colorado’s development industry at the national table. Celeste also contributes her leadership well beyond the industry and into the community. She serves on the board of Wheat Ridge Localworks, where she contributes her industry expertise to help implement the organization’s business and home improvement loan programs, among others, focused on enhancing the city’s economic vitality and neighborhood revitalization. Celeste also represents District I as a member in Renewal Wheat Ridge (RWR), an Urban Renewal Authority committed to improving the visual aesthetics and environmental aspects of Wheat Ridge, meanwhile adhering to the wants and needs of the community.

Confluent Development

President & CDO

Celeste Tanner

President & CDO, Confluent Development

John Comunale

President, Founder, & Managing Partner, Comunale Properties

Liz Chester

EVP, Ryan Companies

Lucas Rottler

VP, Preconstruction, Brinkmann Constructors

Matt Bruns

Director, Rockefeller Group

Jason Weimer

Sr Relationship Manager, Wintrust

Moderator

Mike Wafer, Jr.

Managing Director, Newmark

Developing, Managing and Building to Compete for Today's Tenants

How owners are making decisions on where to invest and building efficiencies in the market today

Brandon Jenkins

Regional Partner, St. John Properties

James Carolan

CFO, OCC Industrial

Tommy Dirks

Managing Director, Baron Properties

Brad Cushard

SVP, Logistics Property Company

Francis Walker

Commercial Solar Project Developer, Namaste Solar

Moderator

Jeff Heine

Principal, Lee & Associates

WHAT YOU'LL LEARN

What You'll Learn:

While sales volume for Denver industrial properties fell below the 10-year average in 2024, it surpassed the figures recorded in 2023. Transaction volume increased by 74% and transaction velocity rose by 73% YOY. How do these trends inform expectations for 2025?
The logistics and distribution sector led leasing activity, accounting for 31% of all transactions in 2024. What does this dominance signify for the future direction of Denver's industrial market?
What strategies can developers and investors implement to address the elevated vacancy rates, particularly for larger properties, and how might these approaches influence market dynamics in 2025?
There has been a trend of tenant downsizing and reassessment of space needs, with net absorption in 2024 significantly lower than in 2023. How are landlords adapting to these changing tenant requirements?
How are sustainability and green building practices influencing industrial real estate development and tenant preferences in Denver?

How You'll Do More Business: This event offers a strategic advantage for your business by connecting you with industry leaders, providing in-depth market insights, and unveiling lucrative investment opportunities. In Q4 2024, Denver's industrial market saw new construction completions decrease by 18.2% year-over-year, while vacancy rates slightly improved from a mid-year peak of 7.8% to 7.6% by year's end. Developers are increasingly favoring pre-leased and build-to-suit projects, now comprising 53% of construction activity, which helps mitigate vacancy impacts. Despite slowing leasing, landlords maintain pricing power, with rent growth projected to stabilize. Connecting with industrial experts at this event will equip you with the knowledge to navigate such market dynamics effectively.

Who You'll Network With: Property owners, developers, investors, brokers, public officials, architects, tenants, engineers, construction professionals, service providers, and industry experts.

Why You Should Attend: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.

Questions about your ticket purchase or interested in sponsoring? Reach out to customerservice@bisnow.com for customer support. For questions, recommendations, comments, or press inquiries please email Kay VanAsdale at kay.vanasdale@bisnow.com. To request disability-related accommodations, please contact janet.fernandez@bisnow.com no later than seven business days before the event.

Venue

Simms Technology Park
11945 Quantum Parkway
Broomfield, CO 80021

The building is located off of Quantum Parkway. For the most direct access, turn at the stop sign off of Hertz Court. The entrance for the event is off of Hertz Court and Watts Way.

Follow the orange Bisnow signage for directions to parking and to the event entrance.

Parking Information:

Complimentary on-site parking

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Agenda

Time	Activity
8:00 AM 9:00 AM	Breakfast & Networking
9:00 AM 9:10 AM	Opening Remarks from St. John Properties
9:10 AM 10:05 AM	Navigating Market Shifts Strategies for success amid economic uncertainties, supply-demand fluctuations, and evolving development trends
10:05 AM 10:20 AM	Networking Break
10:20 AM 11:05 AM	Developing, Managing and Building to Compete for Today's Tenants How owners are making decisions on where to invest and building efficiencies in the market today
11:05 AM 11:30 AM	Closing Networking

PROJECTS & NEWS YOU SHOULD KNOW

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Call:	202-684-2034
Email:	eventregistration@bisnow.com

Denver Industrial Outlook

Gain insights into market trends, investment opportunities, and strategies to meet end-users' needs in Colorado's evolving landscape

Event Host

Simms Technology Park

Speakers and Panels

Navigating Market Shifts

Strategies for success amid economic uncertainties, supply-demand fluctuations and development trends

Celeste Tanner

John Comunale

Liz Chester

Lucas Rottler

Matt Bruns

Jason Weimer

Mike Wafer, Jr.

Developing, Managing and Building to Compete for Today's Tenants

How owners are making decisions on where to invest and building efficiencies in the market today

Brandon Jenkins

James Carolan

Tommy Dirks

Brad Cushard

Francis Walker

Jeff Heine

WHAT YOU'LL LEARN

Venue

Agenda

PROJECTS & NEWS YOU SHOULD KNOW

Sponsors

Looking for quality commercial real estate prospects?

Want to get a recap of everything covered at the event?

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