Highlands Apartment Complex Sells for $46M
DENVER — Line 28 at LoHi, a 130-unit apartment complex in Denver’s popular Highlands neighborhood, has sold for $46.6 million – $359,000/unit, $514.08/SF. The property was purchased by TH Real Estate — one of the largest real estate investment managers in the world — from Washington-based developer Holland Partner Group. ARA, A Newmark... Read more
Groundbreaking: The HUB Brings Rail-Centric, Class A Office Space to RiNo
DENVER — On Wednesday, Beacon Capital Partners, a leading office investor, and Elevation Development Group, will break ground on The HUB, the first Class A office space to be built in the RiNo neighborhood of Denver. At 275,000-square feet, the mixed-use development designed by Gensler is currently the third-largest planned development... Read more
Boulder-Based Investor Pays $30M for Two Denver Multifamily Properties
DENVER – Transwestern’s Denver Multifamily Investment Services Group today announced the sale of two apartment communities totaling 429 units. Jeff Sanders, a Boulder-based investor with Mountain View Capital LLC, acquired both properties for a total of $30.9 million. Transwestern’s Tom Wanberg and John Blackshire represented the undisclosed seller in the dispositions. “These properties... Read more
Leading Cannabis Company to Move HQ to Prime Denver Office Building
DENVER – TGS Management — a vertically integrated cannabis operations company employing more than 660 employees in cultivation, manufacturing, R&D facilities and retail — will move its corporate HQ to 4100 E. Arkansas, a 63,335-square-foot two-story class B office building centrally located in Denver at I-25 and Colorado Boulevard. Tributary Real Estate, a... Read more
Auction of 59-Acre Parcel in Lakewood Delayed
View here A U.S. District Court judge has ordered a delay in the auction of a 59-acre parcel of land in Lakewood owned by the federal government. According to the Denver Business Journal, under the order, HUD has agreed to reopen a review of its determination of “unsuitability” for... Read more
Boulder-Based Brewery Leases Industrial Space at CTC
DENVER – Breakaway Business Center, LLC leased two industrial spaces at 1772 Prairie Way in the Colorado Tech Center (CTC) in Louisville, Colorado. Tendeg, a producer of aerospace engineering products and services, will occupy 7,349-square-feet of space. FATE Brewing Company, a Boulder-based brewery, will open a restaurant and tasting room in addition... Read more
JJ’S Sweets Set to Open New Offices in Boulder
DENVER – Real Estate Consultants of Colorado, LLC (REC) recently announced its newest lease of 3,142-square-feet of flex space to JJ’s Sweets, Inc. located in Boulder, Colorado. JJ’s Sweets is the producer of award-winning Cocomels, a dairy free, gluten free chocolate covered salted caramel. Previously based in Longmont, they have chosed to... Read more
JLL’s 2017 Skyline Report Reveals Creative Tenants Returning to Downtown Offices
DENVER – When it comes to premium office space across the United States and Canada, creative firms are doing what they do best: driving change. JLL’s 2017 Skyline shows that creative’s boomerang to this coveted space and the eighth straight year of occupancy growth are contributing to record rents and... Read more
Multi-Tenant Industrial/Flex Building Sells in Louisville, Transformation Underway
DENVER – Denver-based DPC Companies and Boston-based Long Wharf Capital are pleased to announce the purchase of 333-335 Centennial Parkway, a 404,000-square-foot multi-tenant industrial/flex building located in Louisville, Colorado, one of Denver’s premier northwest suburban submarkets along the Denver-Boulder corridor on U.S. 36. Alec Rhodes, R.C. Myles, Jim Brady and Campbell Davis... Read more
The Collective at CTC Signs First Tenant
DENVER — The Collective, developed by Entasis Group, a state-of-the-art three-building campus located at 199 South Taylor Avenue in the Colorado Tech Center (CTC) have signed their first tenant. The new Class A construction offers tenants contemporary, modern workspace with access to on-site retail amenities and a private park, as well... Read more