Pinnacle Announces Sale of Three Denver Metro Area Properties
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of three Denver-metro area properties, including a 17-unit multifamily property in the Baker neighborhood, a 4-unit building in Denver, and another multifamily building in Lakewood. 410 Delaware Street This 17-unit multifamily property was built in 1966... Read more
DENVER – Justin Anderson, formerly of the accomplished Chicago hospitality group 16” On Center, has been recently hired to the Zeppelin Development team as the Director of Hospitality Development. The Denver-based development company is known for more than four decades of visionary work, most recently focused on mixed-use projects in the... Read more
Denver’s Northeast Poised for Economic Growth
Read here Denver, CO – Denver’s northeast neighborhoods are experiencing rapid growth with some major developments on the cards, including the nearby 21,000-acre Aerotropolis plan south of DIA and the massive Gaylord Rockies Resort and Convention Center project. However, Denver’s District 11 neighborhoods, in particular Montbello, Globeville, Elyria-Swansea, Five Points, Northeast... Read more
Sports Authority Headquarters Sold for $15.7 Million
View original article here The Sports Authority headquarters located at 1050 W. Hampden Ave. in Englewood has been sold for $15.7 million to West Hampden Investors LLC. The 210,000 square feet of former industrial space was converted into an office when Etkin Johnson purchased the property back in 1998.... Read more
Three Companies Acquire 22 Properties in Flatiron Park
View here. Three different companies have partnered together to buy 22 properties in Flatiron Park. Goldman Sachs, Lionstone Investments, and Crescent Real Estate bought the properties, located east of Boulder, for $170 million. Flatiron park is a total of 200-acres that is made up of 52 buildings with a... Read more
How Long Until Denver’s Growth Slows Down?
View here. Denver has been covered in construction and new developments due to its recent rise in population. Marking it the second fastest growing population in the country! In order to accommodate the demand developers have been busy trying to build retail, industrial, and residential spaces in Denver. In... Read more
Mixed-Use Project Set to Develop in Denver’s Cole Neighborhood
View here. Two Denver Companies are planning a $250 million mixed use development that is being named The Denver Rock Drill project. The development will be located near 38th and Blake Station along the A line. The development will be 700,000 square feet and used for mixed- use purposes.... Read more
HFF arranges $43.3 million financing for Denver mixed-use development
Holliday Fenoglio Fowler, L.P. (HFF) has arranged $43.3 million in financing for the development of LYND @ Park 17, a mixed-use residential and retail project in the Uptown neighborhood of Denver, Colorado. HFF worked on behalf of the borrower, LYND, to secure the construction loan through a regional bank.... Read more
Beacon Capital Partners Purchase Potential Hub in Downtown Denver
View Here.  Beacon Capital Partners LLC, bought a two-acre River North Parcel at 36th and Blake street for $19.37 million. Elevation Group LLC, was the previous owner of the site and had planned to construct a hotel, retail and office space.  The developers were close to getting their plans... Read more
Millennials Bring Good News for New Housing Developments in Denver
View here. With Denver’s population increase residents are finding it difficult to rent or buy property because of rising cost and taxes. Egbert Perry, chairman and CEO of Integral Group, believes Gentrification is the key to living in a neighborhood without services because it brings in needed infrastructure. Integral... Read more