America’s Largest Cinema Advertising Network Recommits to Denver for Headquarters Location
DENVER — National CineMedia (NCM), America’s Movie Network, has leased 63,000 square feet at the Cascades Building at 6300 South Syracuse, recommitting its headquarters operation to Denver. Located in Denver’s Southeast Suburban (SES) submarket, west of I-25 at the southeast corner of East Caley Avenue and South Syracuse Way, the seven-story premium... Read more
Rare Townhome Asset in Metro Denver Sells for $65 Million
DENVER — ARA, A Newmark Company (ARA Newmark) recently announced the $65 million sale of Sunset Ridge, a 280-unit asset in Westminster, part of the consistently low-vacancy and high-rent-growth Arvada submarket in metro Denver. The three-mile radius around Sunset Ridge projects a population increase of more than six percent by 2021. Vice... Read more
Colorado Springs Apartments in Burgeoning Airport Submarket Sell for $21M
DENVER – CBRE announced today that it facilitated the $21 million sale of the Western Hills apartment community located at 810 Western Drive in Colorado Springs. The buyer, Griffis/Blessing of Colorado Springs, was reportedly attracted to the value-add potential of the property as well as its location in the airport submarket of Colorado... Read more
New Medical Office Campus Coming to Northern Colorado Springs
As Mile High CRE announced last week, as part of our MOB feature, Mortenson Development is partnering with Realty Management Group, a private Denver real estate investment and development company, to build a new medical office campus in Colorado Springs, called Pine Creek Medical Center. Strategically located on the... Read more
5,000-Acre Granby Ranch Coming to Market
DENVER – CBRE has been named the exclusive marketing advisor for Granby Ranch in Granby, Colorado. Located 90 miles west of Denver and 15 miles north of Winter Park in Grand County, the expansive 5,000-acre property is well-known for its recreational amenities, which include more than 400 acres devoted to snow skiing,... Read more
Denver-based Atlas Real Estate Group Acquires Second Property Management Business
DENVER – Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, has the acquired Proform Real Estate Investment Services, the second company acquisition of 2017 for Atlas. In this transaction, Atlas will specifically acquire and merge with the property management division of Proform. Proform was founded... Read more
Hines Secures Key Tenant for Top Floor of 1144 Fifteenth Street
DENVER — Hines, a privately owned global real estate investment firm, recently secured a key tenant for the top floor of 1144 Fifteenth, the largest speculative office building built in downtown Denver in more than 30 years. Unicom Capital LLC, a privately held investment management firm, signed a long-term lease for... Read more
Investor Interest Remains High as University and Employment Growth Climb in Fort Collins Area
Fort Collins, CO — ARA, A Newmark Company (ARA Newmark) recently announced the sale of Village Gardens in Fort Collins. The apartment community achieved an impressive undisclosed per unit price, thought to be driven by employment growth and Colorado State University’s high enrollment rate. The 141-unit property sits on 13 acres,... Read more
MOB: A Valuable Commodity
By Katie Rapone Healthcare providers are facing increasing pressure to reduce costs in the face of uncertain reimbursement rates from both Medicare, Medicaid and private insurance companies, and to improve patient outcomes. According to a CBRE Research report, one way in which healthcare providers are attempting to reduce costs, is by... Read more
Two-Property Office Center at the Inova Dry Creek Business Park Changes Hands
DENVER – Westport Capital Partners LLC, a real estate investment firm, has acquired 10700 and 10800 East Geddes Avenue in Englewood, Colorado, from Colony Northstar, Inc. The 185,957-square-foot two-property office center is located east of the Interstate 25 and Dry Creek interchange in the Inova Dry Creek Business Park and... Read more