transactions
Transactions

Transactions Report Week Ending 06.15.18

Confluent Development, CBRE Complete $15.7M Sale in Aurora Confluent Development and CBRE announced the completed $15.725 million sale of Confluent Center 70, the 105,670-square-foot industrial development located at 15100 East 40th Avenue in Aurora. Denver-based real estate investment and development firm Confluent Development served as the property’s developer and owner, …

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transactions
Transactions

Transactions Report Week Ending 06.08.18

Pinnacle Announces Sale of 2324 Federal Boulevard Pinnacle Real Estate Advisors, LLC announced the sale of 2324 Federal Boulevard in Denver for $1.2 million ($300,000 per unit; $243 per square foot). Principals Robert Lawson and Jim Knowlton, and Associate Advisor Chris Knowlton represented the buyer. The value-add 4-plex, built in 1947, is …

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transactions
Transactions

Transactions Report Week Ending 06.01.18

Pinnacle Announces Retail Sale in Arvada Pinnacle Real Estate Advisors, LLC announced the sale of 9000-9180 West 88th Avenue in Arvada for $6.515 million ($159.77 per square foot). The building contains 21 retail tenants. Advisor Peter Sengelmann represented the seller and Associate Advisor Eric Veith represented the buyer. “The sellers had recently achieved …

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transactions
Transactions

Transactions Report Week Ending 05.25.18

CBRE Arranges $58M Refinancing for Historic Downtown Denver Sugar Block CBRE recently arranged the $58 million refinance of the Sugar Block, a 189,145-square-foot mixed-use development located along 16th Street between Blake and Wazee in lower downtown Denver. Brady O’Donnell, Jeff Halsey and Jill Haug, with CBRE Capital Market’s Debt and …

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transactions
Transactions

Transactions Report Week Ending 05.18.18

Northstar Commercial Partners Announces Children’s Hospital of Colorado Long-term Lease Northstar Commercial Partners announced the signing of a long-term lease with Children’s Hospital of Colorado for space at 830 Potomac in Aurora. Brokers Matt Smith of Vector Property Services and Gabe Uhrig of Northstar Commercial Partners represented the ownership. Broker Bob Whittelsey of Colliers International represented the tenant. “This building …

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transactions
Transactions

Transactions Report Week Ending 05.11.18

HFF Announces High-end, Wellness-focused Condominium Development Financing Holliday Fenoglio Fowler, L.P. (HFF) announced $83.03 million in financing for the development of Lakehouse on 17th, a 196-unit, for-sale condominium project in Denver’s Sloan’s Lake neighborhood. HFF worked exclusively on behalf of NAVA Real Estate Development to place the floating-rate construction loan with a …

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transactions
Transactions

Transactions Report Week of 04.30.18

Marcus & Millichap Represents Purchasers of Northern Colorado Apartments for $15M Marcus & Millichap announced the Le Deauville apartments, a 100-unit apartment community in Longmont, sold for $15 million ($150,000 per unit). Nick Steele and Jacob Steele, in the firm’s Denver office, represented the buyer in the transaction, a LLC comprised …

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transactions
Transactions

Transactions Report Week of 04.23.18

HFF Announces $33.8M Denver Apartment Community Financing Holliday Fenoglio Fowler, L.P. (HFF) announced the $38.5 million sale of Ranch at Bear Creek, a 201-unit apartment community in Lakewood. The HFF team marketed the asset exclusively on behalf of the seller, Aukum Group, and procured the buyer, Castle Lanterra Properties. The HFF investment …

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transactions
Transactions

Transactions Report Week of 04.16.18

Pinnacle Announces $5M Castle Rock Sale Pinnacle Real Estate Advisors, LLC announced the sale of a five-tenant net leased property located at 1341 New Beale Street in Castle Rock for $5 million ($601 per square foot). Tom Ethington and Rob Edwards of The Edwards Ethington Team represented the seller, a …

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transactions
Transactions

Transactions Report Week of 04.09.18

Marcus & Millichap Arranges Sale of 48-Unit Apartment Building Marcus & Millichap announced the sale of Moline Apartments, a 48-unit apartment property located in Aurora, for $5.04 million. Peter Standley and Boomer Beatty, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on …

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