Denver 14-Unit Multifamily Asset Sells for $1.4M
Denver, CO — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc.,  recently represented the seller and buyer of a 14-unit multifamily asset located at 1520 Wabash Street in Denver, CO. The property sold for $1,440,000 or $102,857 per unit. The transaction closed on June 13, 2016. 1520 Wabash Street has... Read more
Denver’s Skyline Office Space Commands Top Dollar, But Moderate Rent Growth Expected
Denver, CO – Rents for the office buildings that make up the Denver’s skyline have jumped into record territory in 2016 — an average of $40.06 per square foot, 9.7 percent higher than the first quarter of 2015. Rents for trophies (those ultra-premium office towers within the Skyline) are... Read more
Pinnacle Facilitates $4.1M Sale of Multi-Tenant Retail Property in Arvada
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 14805-14807 West 64th Avenue located in Arvada, Colorado. This property consists of approximately 14,738 square feet of multi-tenant retail and was built in 2008. The building is located just off West 64th Avenue and... Read more
Starwood Capital Group & East West Partners Sell 16 Chestnut Project In Denver
Denver, CO –  Leading global private investment firm, Starwood Capital Group, through a controlled affiliate, and East West Partners, a Denver-based developer, announced today the sale of their 16 Chestnut project in Denver’s Union Station neighborhood to Invesco Real Estate. Under the undisclosed terms of the transaction, in addition... Read more
Former LSI Logic Building in Southeast Fort Collins Sold $5.65M
Fort Collins, CO – CBRE Group, Inc., recently announced the $5.65 million sale of the former LSI Logic (now Avago) building located at 2001 Danfield Court in Fort Collins, Colorado. Peter Kast of CBRE Fort Collins and Ham Southworth of CBRE Palo Alto represented the seller, LSI Corporation of Milpitas,... Read more
Balanced Market Fundamentals & Aggressive Global Stimulus Keep U.S. Economy Moving Along
Denver, CO – The U.S. economy continues to show slow, steady progress despite fears of a global economic downturn and some domestic headwinds, according to the latest edition of “the BRIEFING,” a Transwestern report that covers the global economy and commercial real estate. Declining corporate profits, business investment and... Read more
2 Multi-Tenant Office Buildings Sold in Lakewood
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7500 West Mississippi Avenue located in Lakewood, Colorado. The multi-tenant office properties total 49,152 SF and were built in 1976. The building is located just off Wadsworth Boulevard near the Belmar Shopping Center. The... Read more
NGKF Capital Markets Represents Seller in $78.5-Million Portfolio Sale
Denver, CO —NGKF Capital Markets is pleased to announce the $78.5-million sale of 345 Inverness Drive South and Arapahoe Business Park by Hines REIT. The sale, comprising ten buildings total, is the largest office/flex-only portfolio sale in Colorado in the past decade. With a combined total of 484,737 rentable... Read more
Multi-family units in Lakewood and Colorado Springs sold by Pinnacle
Lakewood, CO – Josh Newell, Senior Advisor and Connor Knutson, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC, announce the sale of 183-193 South Ingalls Street in Lakewood, Colorado. The 8-unit property sold on June 6th with a contract price of $880,000; $110,000 per unit and... Read more
Denver’s Dairy Block Development ‘Blends New with the Old’
by Julie Wanzer, LEED AP Denver, CO – The project development team for Denver’s Dairy Block project, consisting of McWhinney, Sage Hospitality and Grand American, Inc., recently released a video to tell the Dairy Block story recounting the project’s history and the overall vision for the revitalized LoDo space.... Read more