CBRE Completes $61.7M Sale of Centerpoint I & II in  South Colorado-Midtown
Denver, CO –  CBRE Group, Inc., recently reported the sale of Centerpoint I & II office buildings located at 3900 East Mexico Avenue and 1777 South Harrison Street in Denver, Colorado. Geoff Baukol, Mike Winn, Tim Richey and Chad Flynn with CBRE Capital Markets in Denver represented the seller,... Read more
Fountainhead Commercial Capital Finances $6.7M Hotel Purchase Westminster
Westminster, CO – Fountainhead Commercial Capital recently announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver city limits. Purchaser Interstate 17, Inc. financed the acquisition with Fountainhead’s loan with plans to... Read more
Transcending the Typical Open-Office Space: What’s Next for the CRE Office Sector?
by Julie Wanzer, LEED AP In order for commercial real estate professionals to remain competitive and attract the next generation of office tenants, they will need to seek out and develop spaces that go beyond the typical open-office setting and provide added-value for their potential tenants. When prospecting new... Read more
Marcus & Millichap Sell McCaslin Healthcare Plaza
Louisville, CO – Marcus & Millichap recently announced the sale of McCaslin Healthcare Plaza, a 32,448-square foot, Class B medical office property located in Louisville, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $5,800,000. Brian C. Smith, CCIM, a senior... Read more
Industrial Condos & 64-Unit Multifamily Sold by Pinnacle
Broomfield, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7110 West 117th Avenue, Units A4 and A5 located in Broomfield, Colorado. The 3,000 square foot industrial condos sold on July 11th, 2016. The property traded for $420,000. Doug Kaste, Associate Advisor, represented the... Read more
Event Round-Up: Coming Undesked, CBRE Office Tour
By: Julie Wanzer, LEED AP Denver, CO – CoreNet Global Colorado organized a tour of CBRE’s new downtown Denver office in an event called “Coming Undesked” on Wednesday, July 20, 2016. Located on the 32nd  floor of the 17th Street Plaza building, the 360-degree views of the surrounding Denver... Read more
Walker & Dunlop’s Ralph Lowen Receives HousingWire’s Rising Star Award
Denver, CO – Walker & Dunlop, Inc. announced this week that Ralph Lowen has been named one of HousingWire’s Rising Stars. This award recognizes 50 professional young leaders in the mortgage industry that specialize in lending, servicing, investing, and real estate. Mr. Lowen, senior vice president, originates permanent and... Read more
Pinnacle Continues Multi-Family Brokerage Colorado Springs to Denver
Colorado Springs, CO – Pinnacle Real Estate Advisors, LLC announces the sale of 1075 Magnolia St, Colorado Springs, Colorado. This multifamily property has 4 units and was built in 1972. The building is located less than a mile south of the University of Colorado’s Colorado Springs campus. The property sold... Read more
Seagate Acquires One Belmar Place Apartments for $46.6M
Lakewood, CO – Seagate Colorado Partners, LLC recently announced that it has completed the purchase of One Belmar Place Apartments from Cornerstone Real Estate Advisers, acting on behalf of an institutional investor. The 208-unit complex, located at 770 S. Vance Street in Lakewood, Colorado, traded for $46.6 million. Built in... Read more
Lincoln Meadows Shopping Center Sells $2.95M
Parker, CO – Marcus & Millichap announced the sale of Lincoln Meadows, a 10,010-square foot retail property located in Parker, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $2,950,000 or $295 per square foot. Cory Gross, a senior associate in... Read more