Union Investment Acquires The Triangle Building in Denver
Denver — Union Investment announced today that it has acquired The Triangle Building in Denver, Colorado, from a controlled affiliate of Starwood Capital Group, a leading global private investment firm, and East West Partners, a Denver-based developer devoted to building, selling, managing and supporting high-quality real estate. The purchase... Read more
Transactions Report for Week 05.01.17
Unique Properties Inc./TCN Worldwide closed on three significant transactions: 8 Unit Multi-Family Asset Acquired for $1,320,000 Denver — Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently brokered the sale of an 8-unit multifamily asset located at 807... Read more
Transwestern Named a Top Workplace in Denver
Denver – Transwestern announced this week it was named one of the 2017 Top Workplaces by The Denver Post. The commercial real estate firm was chosen out of hundreds of companies from various industries. “We are thrilled to have been recognized for this impressive achievement, which speaks to our ability to... Read more
A Two-Complex Apartment Portfolio in Centennial Sells for $91.6M
View here Two apartment complexes in Centennial, previously owned by California-based real estate firm Kennedy Wilson Holdings Inc., have been sold to separate buyers for Villas at Holly, located at 6760 Glencoe St., sold for $26.25 million to Atlanta-based Triumph Management Group. Villas at Homestead, located at 6857 S. Homestead... Read more
High-End Suburban Community Sells in the Expanding “South Broadway Mile”
DENVER — After brokering the land to develop this multihousing community, ARA, A Newmark Company (ARA Newmark) completes the cycle for Alta Cherry Hills with a sale of the Class AAA, 306-unit asset in the Denver suburb of Englewood, CO. The property occupies the highly-visible, southeast corner of the... Read more
Pinnacle Announces Sale of Two Denver Apartment Buildings
3600 South Lowell Boulevard Pinnacle Real Estate Advisors, LLC a full-service commercial real estate brokerage firm servicing clients globally, is pleased to announce the sale of the 3600 South Lowell Boulevard. This 30-unit multifamily property was built in 1974 and has had several updates in the last three years.... Read more
Investors Express More Confidence in 2017 U.S. CRE Market
View here According to a report by U.S. law firm Akerman LLP., The eighth annual Akerman U.S. Real Estate Sector Report, 53 percent of investors and lenders are reportedly more optimistic about the commercial real estate market in 2017, compared to only 38 percent last year. The increase in confidence is thought to... Read more
Englewood Apartment Complex Sells for $97 Million
View here CBRE Global Investors, the investment arm of international commercial real estate firm CBRE Group Inc., has purchased Alexan CityCenter, an apartment complex located at 801 Englewood Parkway in Englewood, for $97 million. Read more
Boulder Apartment Complex Sale Sets New Record
View here A 26-unit apartment complex in Boulder, located at 1707 Walnut St. has sold for $15.6 million ($600,000 per unit) setting a new record for per-unit pricing in Colorado. ARA, A Newmark Company, represented developer Element Properties in the sale and Manhattan-based Rivendell Global Real Estate purchased the property.  ... Read more
Increase in Colorado Small Businesses for Sale
View Here  Good news for buyers interested in small business ownership: There were 11 percent more small businesses up for sale in Colorado during the first quarter of 2017,  than there were at the same time last year—median asking prices are also down from last year. Baby boomers appear... Read more