HFF Announces Sale of 27-Property Self Storage Portfolio
DENVER – Holliday Fenoglio Fowler, L.P. (HFF), a leading provider of commercial real estate and capital markets services to the global commercial real estate industry, announced the sale of a 27-property self storage portfolio totaling 1.7 million square feet and 12,171 units in Colorado, Georgia, Indiana, Kansas, Louisiana and Texas.... Read more
Confluent Development, Bradbury Properties Bring 3 New Industrial Developments to Southeast Denver
DENVER – Confluent Development, a Denver-based real estate investment and development firm, has teamed up with Bradbury Properties to deliver three new buildings in metro Denver’s emerging industrial hub, Highfield Business Park. CBRE is serving as the projects’ leasing broker, establishing a strong record within the business park after fully leasing... Read more
Two Mattress Companies Consolidate with Lease of New Manufacturing Facility
DENVER – CBRE announced today that it facilitated an 85,604-square-foot lease for a new consolidated manufacturing facility on behalf of Old West Mattress Company, which recently merged with Sermaro International Mattress Company. The site is located at 18300 East 28th Avenue in Aurora. Todd Witty and Doug Viseur with CBRE Industrial &... Read more
Denver Apartment Community Sells for $44.9M
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) today announced the $44.9 million sale of The Park at Canyon Ridge, a 272-unit, garden-style apartment community in southeast Denver. The HFF team marketed the asset exclusively on behalf of the seller, Jackson Square Properties. ColRich Multifamily purchased the property subject to... Read more
Savills Studley Relocates to Class A Space at 1125 Seventeenth Street
DENVER – Savills Studley, the leading commercial real estate advising firm specializing in tenant representation, has announced that the firm’s Denver office has relocated to new Class A space at 1125 Seventeenth Street.  The new 8,500-square-foot space on the building’s 23rd floor is more than double the size of the... Read more
Historic Building in Downtown Denver Sells for $17M
View here Harbor Associates LLC has purchased a 115,000-square-foot historic building in Downtown Denver that was the former headquarters for Colorado Business Bank. Harbor reportedly purchased the building at 821 17th St. in an off-market, all-cash deal from NAI Shames Makovsky and will reportedly rename the property “The Vault,” due to the many historic... Read more
Northglenn Marketplace to be Redeveloped
View here A 439,000-square-foot shopping center located at Interstate 25 and 104th Avenue in Northglenn has sold for $48 million. An affiliate of Hutensky Capital Partners (HCP) of Hartford, Connecticut, bought the center Denver-based Evergreen Development, the Mulhern Group, SullivanHayes Brokerage and Kimley-Horn will be involved in a major redevelopment, with... Read more
Atlanta-based Company Buys Colorado Springs’ First Openly Marketed Student Housing Community
Colorado Springs, CO — ARA, A Newmark Company (ARA Newmark) recently announced the sale of The Lookout on Cragmor, a 71-unit, 157-bed student housing asset adjacent to the University of Colorado’s Colorado Springs (UCCS) campus. The sale is the first ever arm’s-length trade of a purpose-built student housing deal in the Colorado Springs... Read more
Newly Built Apartment Community in Littleton Sells for $64M
Littleton, CO — ARA, A Newmark Company (ARA Newmark) just announced the $64 million sale of 250-unit Escape at Ken Caryl in the exclusive south Denver submarket of Littleton, CO. The property’s location in the coveted Ken Carl Ranch Master Association and proximity to Lockheed Martin’s future Waterton Canyon campus, drew intense... Read more
Luxury Apartment Community in Cherry Creek Trades for $141.5M
DENVER – A Class AAA+ Cherry Creek property that offers “ultra” amenities and spectacular mountain views has traded for $141.5 million. ARA, A Newmark Company (ARA Newmark) just announced the trade of the 12-story, 218-unit Steele Creek apartments in the exclusive Cherry Creek neighborhood. The mixed-use property’s location and unmatched views of... Read more