Steele Creek Apartments, courtesy of ARA Newmark.

Cherry Creek Property Among Top 50 Apartment Community Sales of 2017

DENVER — A Denver property landed on COMMERCIALCafé’s list of the nation’s priciest apartment communities of 2017.  The report includes both single-property and portfolio sales across the U.S. The luxury 12-story, 218-unit Steele Creek apartments in the exclusive Cherry Creek neighborhood sold for $141.5 million back in October 2017 and landed at #40 on …

168 Centennial, Louisville, courtesy of CBRE.

Spec Office Building in Louisville Signs First Tenant

DENVER – Plexus, a global engineering/manufacturing firm headquartered in Neenah, Wisconsin, has signed a 26,500-square-foot lease at 168 Centennial Parkway in Louisville, a recently completed speculative office building by Denver-based developer Koelbel and Company. Completed in October 2017, 168 Centennial Parkway is a two-story, 58,300-square-foot Class A office building that features flexible floorplans, access to multiple …

Orchard Pointe, courtesy of Cress Capital.

Cress Capital Purchases Office Building in DTC

DENVER — Commercial Real Estate Investment Firm Cress Capital, in partnership with Revesco Properties, has purchased Orchard Pointe, a 120,873-square-foot, multi-tenant office building in the Denver Tech Center (DTC), from TA Realty. Cress sourced and led the transaction and will oversee asset management. Revesco will provide property management services through its subsidiary, …

Luna Bella Apartments, courtesy of IDEA HALL.

Lafayette Apartment Complex Sells for $60.25M

BOULDER — Luna Bella Apartments, a 240-unit multifamily project in Lafayette, Colorado, has been purchased by Buchanan Street Partners — a California-based real estate investment management firm — from Milestone Development Group, for $60.25 million. The purchase of Luna Bella represents Buchanan Street’s continued investment focus on acquiring high quality multifamily assets in suburban …

Rocky Mountain Seed Co. Building, courtesy of Urban Villages.

Urban Villages Purchases Iconic Rocky Mountain Seed Co. Building

DENVER – Seed Building LoDo, LLC, an affiliate of Denver-based Urban Villages, Inc., has purchased the Rocky Mountain Seed Co. Building at 1520 Market Street, the adjacent three-story addition at 1500 Market Street and the historic 1321 15th Street in LoDo, for $21 million. Originally constructed by F.C. Vetting in 1920, the Rocky …

Aspen Snowmass Base Village, CO.

Snowmass Base Village Experiencing Condo Sales Surge

SNOWMASS, CO – A $600 million collaboration between three Colorado-based companies in the mountain resort business; East West Partners (EWP) — a Colorado-based national real estate development and placemaking company — Aspen Skiing Company (ASC) and KSL Capital Partners, has resulted in a residential sales surge at Snowmass Base Village. Since …

Cherry Creek Corporate Center was built in 1978. It recently underwent a $15 million renovation.

M & J Wilkow, DRA Advisors Purchase Cherry Creek Corporate Center

DENVER — A joint venture between M & J Wilkow and a fund managed by DRA Advisors LLC has acquired Cherry Creek Corporate Center, a 238,302-square-foot office tower in Glendale, for an undisclosed amount. The 12-story tower is located at 4500 Cherry Creek Drive South. Cherry Creek Corporate Center was built in …

Photo of Highfield Building 5, courtesy of CBRE.

Industrial Property in Englewood Sells at $133 Per Square Foot

DENVER – Highfield Building 5, a 101,000-square-foot, newly delivered industrial property located at 14150 Grasslands Drive in Englewood, sold earlier this month for $13.5 million. Part of Highfield Business Park, Building 5 is the latest development by Confluent Development and Bradbury Properties, both Denver-based real estate development and investment firms. The sale demonstrates strong …

Juanita Nolasco Residences, courtesy of Greystone.
Affordable HousingBrokerageMultifamily

188-Unit Affordable Housing Property in Denver Sells for $31.2 Million

DENVER – Greystone Real Estate Advisors group closed the sale of Juanita Nolasco Apartments, a 188-unit affordable housing community in Denver. Greystone’s Aaron Hargrove‍ and Eric Taylor‍ represented the seller, a limited liability entity, in the sale to Jonathan Rose Companies, for $31,250,000. Juanita Nolasco Apartments, built in 1972 and …

210 St Paul, Cherry Creek

St Paul Collection Begins Leasing, Brings CB2 and SoulCycle to Cherry Creek

DENVER –  BMC Investments (BMC) recently began pre-leasing its luxury residences at the St Paul Collection in the heart of Cherry Creek North. The Denver-based real estate investment company has already pre-leased 10 percent of residences in tower one, including the top floor penthouse, located at 210 St. Paul Street. Additionally, tower one will also …