BrokerageOffice

Another Suburban Firm Relocates HQ to Downtown Denver

View here SendGrid, an email technology company, is moving into the 1801 California Tower in Downtown Denver to accommodate up to 450 employees in the 52,000 SF of office space. This move is part of a trend for companies previously located in the suburbs to enter the downtown Denver market. …

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ArchitectureBrokerage

Atlas Real Estate Group and Bilingual Elementary School Children Bond Over Xeriscape Garden

Denver, CO – To celebrate spring, the environment, and early childhood education, local real estate firm Atlas Real Estate Group hosted 36 first and second grade students from Escuela de Guadalupe, a small, bilingual Catholic elementary school in west Denver, for a field trip filled with lessons on the importance of …

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BrokerageDevelopmentHospitalityMultifamilyOfficeRetail

Downtown Denver Partnership Releases 2016 State of Downtown Denver Report

Denver, CO – The Downtown Denver Partnership issued today the 2016 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, strong …

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ArchitectureBrokerageConstructionDevelopmentMultifamily

Alternative Proposed to CO Construction-Defects Reform Bill

View here In response to the failed construction-defects reform bills, which fell apart last Thursday in the Colorado Legislature, Senate Bill 213 offers an alternative with a study group to help advance negotiations. The group would propose recommendations by March 2017 to the construction-defects litigation in an effort to increase the …

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BrokerageRetail

Fort Collins Shopping Center Changes Hands

Fort Collins, CO – Marcus & Millichap, recently announced the sale of a 18,988-square foot retail strip that is a portion of a Mulberry & Lemay Crossings, a 328,495-square foot retail property in Fort Collins, Colo., anchored by Walmart and Home Depot. Garrette Matlock, an investment specialist in Marcus & Millichap’s …

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BrokerageMultifamily

Capitol Hill Multi-Family Sells Record Per-Unit Price

View here ARA, a Newmark Company brokered a landmark deal in Colorado with the 10-unit apartment complex at 901 Washington in Capitol Hill that sold for a record per-unit price of $525,000. Photo credit Mediamax, Inc. 

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BrokerageMultifamily

HFF Facilitates $20.74M Financing 2 Multifamily Properties Colorado Springs

Colorado Springs, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced recently that it has arranged financing totaling $20.747 million for two adjacent Colorado Springs multi-housing communities: Summer Grove and Tanglewood. Working on behalf of the borrower, Vukota Capital Management (VCM), HFF placed two seven-year, fixed-rate Fannie Mae loans with M&T …

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BrokerageDevelopmentRetail

Marijuana Driving Up Retail Rents Commercial Real Estate Market

View here Lee and Associates’ principal, Paul Hallberg, provides insights into how marijuana retail locations are driving up rents in the retail commercial real estate market. Rental rates which are averaging $30/SF for marijuana retail locations are driven by the premium for space. Considerations for financing, the impact of light …

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BrokerageMultifamily

HFF Closes Sale and Secures Acquisition for Belle Creek Apartments

DENVER, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and secured acquisition financing for Belle Creek Apartments, a 156-unit residential community with 6,256 square feet of ground-floor retail in Henderson, Colorado. HFF marketed the property on behalf of a real estate investment trust.  …

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BrokerageDevelopmentMultifamily

Chinese Modern Land Co. Forms AMG Capital to Invest High Growth Cities including Denver

Houston, TX – Modern Land (China) Co. Limited announced the formation of AMG Capital, LLC, a U.S.-based affiliate company formed by Chairman Lei Zhang and John Landrum, the CEO. AMG Capital is headquartered in Houston, Texas along with other Modern Land affiliates, American Modern Green Development and Crown Point Regional …

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