Lakewood Apartments Sell for $63M
DENVER – Steadfast Apartment REIT III, Inc. (STAR III) has acquired its sixth apartment home community, Belmar Villas. The 318-unit garden style apartment community, located in the Denver suburb of Lakewood, was purchased for $63.3 million. “We believe the Denver area is a great match for the investment objectives of... Read more
CBRE Completes Sale and Leaseback of Two-Property Industrial Portfolio in North Denver
DENVER – CBRE recently completed the sale and leaseback of a two-property industrial portfolio located at 5575 Logan Court in North Denver. The 86,000-square-foot portfolio is fully leased to Custom Made Meals, a Denver-based manufacturer of oven-ready entrees and appetizers. Andrew Sandquist, JC Asensio and Briggs Goldberg of CBRE Corporate Capital Markets represented... Read more
Homeless Advocates File Injunction Over the Auction of a 59-Acre Parcel in Lakewood
View here On Tuesday, the Colorado Coalition for the Homeless filed an injunction against the U.S. General Services Administration and the U.S. Department of Housing and Urban Development over the auction of a 59-acre parcel of land in Lakewood, located near West Sixth Avenue between Kipling Street and Union Boulevard... Read more
Pinnacle Announces Record-Breaking Sale of Colorado Springs Shoppette
Colorado Springs, CO — Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of Woodmen Plaza, a 6,502 SF multi-tenant retail building built in 2001 on a 0.85 acre lot located at 3560 East Woodmen Road in Colorado Springs.. The property sold for $2,800,000 on July 20th. Justin Krieger... Read more
Third School of 2017 Hits the Market
Westminster, CO – JLL has listed Zerger Elementary, owned by Jefferson County Public Schools, for $4.7 million — the third school in Colorado to be listed this year. Located at 9050 Field Street in Westminster, Colorado, the 8.5-acre property includes a 43,563-square-foot school building which was closed in 2011 by Jeffco Schools... Read more
Suburban Denver Property Achieves Highest-Ever Price Per-Unit
DENVER — Amberley Heights, a two-building, 96-unit, condo-quality asset located in the upscale commercial and residential community of Inverness in Englewood, CO has sold for $38.6 million. The property, with larger than average units, sold for more than $402,000 per unit and $267 per square foot, making it the highest-ever sale price per unit... Read more
59-Acre Parcel of Land in Lakewood For Sale
View here  A 59-acre parcel of land in Lakewood — located along West Sixth Avenue between Kipling Street and Union Boulevard — will be auctioned off by The U.S. General Services Administration..  The land is zoned for transit-oriented mixed-use. The City of Lakewood has not expressed interest in the parcel but... Read more
Denver Climbs to #12 on CBRE’S Annual Tech Talent Scorecard
DENVER – Jumping six spots to #12 on CBRE’s Tech Talent Scorecard, part of its fifth annual Scoring Tech Talent Report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. The report, which can be viewed in detail by market in the interactive... Read more
Mixed-Use Transit Oriented Building For Sale in Old Town Arvada
Arvada, CO — Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Olde Town Plaza, a 19,673-square-foot, mixed-use retail and residential building, and the adjacent 5790 Yukon Street, a 0.42-acre redevelopment site located in Arvada, Colorado. This value-add, transit-oriented opportunity is located at the entrance to historic Olde... Read more
Building on Old South Pearl Street Avoids Demolition
DENVER – The building at 1551 S Pearl Street, formerly known as Gaia restaurant, is now for sale by its owner, Patrick Finney of FINN Real Estate.  “The building was slated to be demolished, and a modern, Coworking Space was to go up,” a Finney representative wrote in an email statement to... Read more