transactions
Transactions

Transactions Report Week Ending 07.20.18

Pinnacle Announces Sale of 1690 Yarrow Street Pinnacle Real Estate Advisors, LLC announced the sale of 1690 Yarrow Street located in Lakewood. This unique sale included a 3,600-square-foot multifamily building plus a 900 square single-family home and traded hands for $1,095,000 ($243.33 per square foot). Principal JB Hochman and Associate Advisor …

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Movers and Shakers
Movers and Shakers

Movers and Shakers Week Ending 07.20.18

JVA, INCORPORATED ANNOUNCES NEW GLENWOOD SPRINGS CIVIL PROJECT MANAGER JVA, Inc. announces that J.R. Spung, P.E. has joined the firm as a Civil Project Manager in the Glenwood Springs office. Spung received his Bachelor of Science in Civil Engineering from Florida State University and brings more than 15 years of experience with more …

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BrokerageHospitality

Denver Hotel Market to Reach Near Record Occupancy in 2018

DENVER – Hotel supply and demand growth in Denver is expected to double the national average in 2018. Supply is forecasted to increase 4.6 percent this year, compared to 2.0 nationally, that’s according to CBRE Hotels’ Americas Research (CBRE) that provides capital markets, consulting, investment sales, research and valuation services to companies in the …

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Multifamily

Denver a Top 5 City for Rooftop Views

DENVER – Apartments.com has named Denver a Top Five City for rooftop decks and outdoor spaces with impeccable views. The cities were selected based on the number of listings that include a rooftop or deck in its description and are ranked in order from highest to lowest number of listings. …

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ConstructionDevelopmentHealthcare

Two New Medical Facilities Top Out

DENVER – Vertix Builders, a culture-focused construction company, is pleased to announce the successful topping out of two new medical facilities:  the Greeley Skilled Nursing Facility and the Dry Creek Medical Office Building.  The company celebrated the milestones with parties for clients, subcontractors, and guests earlier this month.   The …

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AdvisoryBrokerage

NKF Acquires Integra Realty Resources Offices in Denver

DENVER — Newmark Group, Inc. (NASDAQ: NMRK) has acquired the Denver and Pasadena offices of Integra Realty Resources (IRR) — the largest independent commercial real estate valuation, counseling, and advisory services firm in the United States — as part of a strategic move to develop its Valuation & Advisory (V&A) practice. NKF also …

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DevelopmentRetail

Sterling Ranch Welcomes Two New Commercial Tenants

DENVER – Sterling Ranch, a master-planned community located in northwest Douglas County just south of downtown Denver, is pleased to announce two new Colorado-based businesses coming to the community – the Grist Brewing Company and Atlas Coffee. The two companies will soon provide their craft-made products in the community’s first commercial building, the Sterling …

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Office

WeWork Continues Denver Expansion into Wells Fargo Center

DENVER— The Wells Fargo Center is the latest location to peek the interest of co-working company WeWork. The company just announced it has leased five floors inside the building at 1700 Lincoln. WeWork already resides at three other locations in Denver — Union Station, LoHi and, as of Aug. 1, the Tabor Center. …

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BrokerageRetail

Three-tenant Retail Building in Westminster Sells for $3.3M

WESTMINSTER — A new construction, freestanding, multi-tenant retail building at 13591 Huron Street in Westminster has sold for $3,250,000, representing $603 per square foot. The three-tenant building includes Dunkin’ Donuts with a drive-thru, Bank of America ATM and Huron Liquor. The property closed at a 5.9 percent cap rate, one …

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Retail

Target Opens New Small-Format Store on Denver’s 16th Street Mall

View here DENVER — Today, The Minneapolis-based retailer (NYSE: TGT) Target will open a new 30,000-square-foot, two-story location at 16th and California streets on the 16th Street Mall. The store is part of a nationwide strategy to reach new guests by opening smaller-format stores in urban areas, dense suburban neighborhoods and …

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