BrokerageOffice

Class A Office Building in Colorado Springs Sells to Miami Investor

COLORADO SPRINGS – One Gateway Plaza, a 113,604-square-foot office building located at 1330 Inverness Drive in Colorado Springs, has sold for $11.75 million to KAS Partners, LLC, of Miamia Miami-based CBRE announced today that it has completed the $11.75 million. James Brady and Campbell Davis with CBRE represented the seller, Westside Investment Partners …

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BrokerageMultifamily

St. Moritz Apartments in Lakewood Sell for $78M

Oak Coast Properties and BMC Investments have acquired the St. Moritz Apartments a 360-unit community in Lakewood, for $78 million. The acquisition brings Oak Coast Properties’ Denver portfolio to nearly 4,000 units. “We remain bullish on Denver and this community signals our continued appetite for investment in this market,” said Phillip Nahas, managing partner of Oak Coast …

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BrokerageOffice

Broe Real Estate Group Acquires Three-Building Portfolio in Colorado Springs

DENVER — Broe Real Estate Group, a wholly owned subsidiary of The Broe Group, has purchased a three building flex/office portfolio comprising more than 210,000 square feet located in Colorado Springs’ Briargate Office Park. The portfolio sold for $21M or $99.69 per square foot. Broe intends to improve common areas, landscaping and …

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BrokerageDevelopmentHospitality

New Boutique Hotel in Parker Secures Financing

PARKER, CO — JLL has secured financing for the development of The Laszlo, a high-end 51-room boutique hotel in Parker by developer Mars Hospitality, LLC. The hotel recently broke ground and is the first phase of development for West End on Mainstreet that aims to provide a welcoming community space for the town. Part …

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BrokerageCondominium

Laurel Cherry Creek Condos Experience Summer Sales Surge

DENVER— Sales have been strong at Laurel Cherry Creekthis summer, with nearly two-thirds of the condominiums under contract.  The sales surge has been attributed to the release of the few remaining two bedroom, two bedroom + study, and three bedroom homes to the market.  The release currently holds at least one …

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BrokerageConstructionDevelopmentStudent Housing

Confluence Companies to Provide New Student Housing for Colorado School of Mines

GOLDEN— Confluence Companies will break ground this month on a 107-unit residence hall for undergraduate students, on a a 1.38 acre parcel adjacent to the Colorado School of Mines in Golden. Blaylock Van, LLC, an African American owned investment banking and financial services company, recently served as sole placement agent on a …

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BrokerageDevelopment

New Developer Purchases Loretto Heights University Campus

DENVER — Glendale-based private commercial real estate investment and development group Westside Investment Partners, is the new owner of the Loretto Heights Campus in Southwest Denver. Westside purchased the 75-acre parcel, located at 3001 South Federal Boulevard in Denver, for $16.5 million, in a sale that closed Tuesday, July 31. Martin Roth, Eric Roth …

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BrokerageIndustrial

Campion Industrial Park in Loveland Sells for $6M

FORT COLLINS– The 8.3-acre Campion Industrial Park located at 225, 253 and 255 42nd Street Southwest in Loveland, has sold for $6 million. The property consists of three buildings plus a cell tower and vacant lot. Campion is fully leased to a diverse mix of companies including Integrated Communications Group, Ability Composites, White …

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BrokerageRetail

High Demand for STNL Properties Across the Front Range

DENVER – CBRE  recently completed the sale of four single-tenant, net-leased (STNL) properties — all located within metro Denver — pointing to a larger trend of investor interest in STNL properties for their low-risk, low-maintenance profile. Brad Lyons, Matthew Henrichs and Parker Brown with CBRE Capital Markets’ National Retail Partners in Denver represented each …

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BrokerageDevelopmentOffice

McWhinney Purchases Central Fort Collins Office Building

FORT COLLINS – McWhinney, a Colorado-based real estate investor and developer, has purchased a 36,450-square-foot, standalone office building located at 3351 Eastbrook Drive in Fort Collins for $4.55 million, in a sale that closed July 20. CBRE’s Mike Eyer and Julius Tabert represented the seller, an investment group out of Ohio. McWhinney represented itself …

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