Image courtesy of Inland Real Estate Acquisitions, LLC.
BrokerageMultifamily

Lakewood Apartment Community Sells for $81M

Lakewood, CO – Inland Real Estate Acquisitions, LLC has purchased the 267-unit Union West Apartments in Lakewood for a reported $81 million. The community is located at 35 Van Gordon St., six blocks from the RTD West Light Rail Line. The Class A multifamily property consists of 20 studios, 141 …

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BrokerageHospitalityOffice

Red Robin Recommits to Denver for its Headquarters Location

DENVER – Red Robin International, Inc. has renewed its lease at Tuscany Plaza, located at 6312 South Fiddler’s Green Circle in Greenwood Village. The signing of the 65,000-square-foot office lease renewal signals Red Robin’s commitment to the Denver area, the casual dining restaurant chain’s choice for its headquarters location since 2000. Newmark Knight …

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BrokerageEngineeringIndustrial

Wind Engineering Firm Breezes into New Lease

FORT COLLINS, CO – CPP Wind Engineering, an international wind consultancy based in Fort Collins, recently signed a new lease at 7365 Greendale Road in Windsor. The new lease will combine CPP’s office and wind tunnel operations under one roof. Peter Kast, Annah Moore and Matt Patyk, with CBRE’s Northern Colorado office represented CPP …

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BrokerageIndustrialOfficeRetail

Avison Young’s 2018 CRE Forecast

DENVER — Rapid change is underway in the world’s commercial real estate industry, and the dynamics are in flux as the current investment cycle enters its latter stage. The industry continues to contend with differing property fundamentals across asset types, markets and regions, with occupier behavior, innovation and technology acting …

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BrokerageIndustrial

Denver Industrial Portfolio Sells for $51M

DENVER – The Denver Industrial Portfolio of 16600 Table Mountain, 6400 Broadway and Bryant Street Quad (2390 – 2500 West 4th Avenue) has sold to TH Real Estate, an affiliate of Nuveen (the investment arm of TIAA), for $51,000,000 — highlighting investors’ continued appetite for Industrial product. Totaling 485,984 square feet, the portfolio …

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BrokerageMultifamily

Apartment Community Achieves Second Highest Price Per Unit Ever Achieved in Greeley

GREELEY, CO — Franklin Flats, a 108-unit apartment community in Greeley, has sold for $15.4 million or $142,593 per unit. The price per unit is the second highest price ever achieved for a multifamily property in Greeley and is a record for properties built prior to 2001. Nick Steele and Jacob Steele, of Marcus …

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Industrial Market Denver
BrokerageIndustrialOfficeRetail

CBRE Q4 Reports for Denver Metro Office, Retail and Industrial Sectors

DENVER – CBRE Research has released reports on metro Denver’s office, retail and industrial sectors for Q4 2017 / year-end 2017. The Denver office market ended strong in the final quarter of the year, with occupancy of newly delivered Class A space as the driving force for positive net absorption …

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BrokerageMultifamilyRetailTransit

Transit-Oriented Mixed-Use Property Sells in Olde Town Arvada

DENVER – Olde Town Plaza, a 19,673-square-foot, transit-oriented, mixed-use retail and residential building in the northwest Denver suburb of Arvada, has sold for an undisclosed price. The Holliday Fenoglio Fowler, L.P. (HFF)  team marketed the property on behalf of the seller, Revesco Properties USA — a Denver-based boutique real estate investment and …

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Brokerage

Highly Regarded Industry Veteran Becomes Principal at Avison Young

DENVER — Alec Wynne, Avison Young principal and managing director of the firm’s Denver office, announced today the strategic hiring of highly regarded commercial real estate industry veteran David Tilton. Effective immediately, Tilton becomes a principal of Avison Young and will continue to focus on his capital markets specialty. Working closely with …

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BrokerageCondominiumDevelopmentHospitality

New Snowmass Base Village Residences Offered For Sale

Snowmass, CO — The first residential opportunities at the new Snowmass Base Village are now available for sale — just in time for the New Year. These whole-ownership residences are part of the transformation of Snowmass Base Village currently underway, a $600 million collaboration between three major Colorado players in the …

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