Transactions Report Week of 09.18.17
Marcus and Millichap Arranges the Sale of Sherman Village in Longmont Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Sherman Village II, a 62,000-square-foot blended mixed-use, office/retail property located in Longmont, Colorado, according... Read more
CBRE Completes $3.4M Sale Of Shops at Garden of the Gods in Colorado Springs
DENVER – CBRE announced the completion of a $3.4 million sale of a 7,931-square-foot retail strip center located at 532-536 Garden of the Gods Road in Colorado Springs. Matthew Henrichs, Parker Brown and Brad Lyons with CBRE Capital Markets, National Retail Partners, in Denver represented the seller, Republic Investment Group... Read more
Transactions Report Week of 09.11.17
REC Facilitates Multi-Year Lease at Zeppelin Station Real Estate Consultants of Colorado, LLC is pleased to report a new multi-year lease to Tokken, Inc. for commercial space located at Zeppelin Station in Denver. REC Senior Consultant, Elizabeth M. Leder, worked on behalf of the tenant while providing a full... Read more
Transactions Report Week of 09.04.17
NavPoint Real Estate Group Sells Prime Development Land in Booming Castle Rock for $5M NavPoint Real Estate Group is pleased to announce the sale of 48.166 acres of land at Citadel Station in Castle Rock. The seller was Fenway Partners, LLC and the buyer was Citadel Development, LLC. Matt Call and John Witt... Read more
Transactions Report Week of 08.28.17
Belmar Villas Sell for $63M ARA Newmark announced this week the record per-unit sale of Belmar Villas for $63,300,000, $199,057/unit. Located at 700 South Reed Court in Lakewood, the seller Seagate Colorado Partners, LLC sold the community to Steadfast Apartment REIT III. ARA Newmark Vice Chairman Shane Ozment said, “Belmar Villas’ record per-unit price... Read more
Transactions Report Week of 08.21.17
90s-Vintage Asset Attracts Competitive Buyer Interest to One of Strongest Markets in Nation ARA, A Newmark Company (ARA Newmark) announces the $44.5 million sale of Commons at Briargate, a 194-unit asset located in Colorado Springs, CO. The property sold for over $229,000 per unit, setting a record for the... Read more
Transactions Report Week of 08.14.17
Griffis Residential Sells Griffis North Metro Apartments Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has sold Griffis North Metro, a 562-unit, Class-A apartment community located in Northglenn, CO. Under Griffis Residential ownership and management from June 2013 to August 11, 2017, the value... Read more
Transactions Report Week of 08.07.17
$75.25 million sale of Gateway Park Apartments in Denver closed by HFF Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $75.25 million sale of Gateway Park Apartments, a 328-unit, Class A garden-style multi-housing community located in Denver. HFF marketed the asset on behalf of the... Read more
Transactions Report Week of 07/31/17
HFF secures $21.925 million financing for 2 Denver Multi-Housing Communities Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured financing totaling $21.925 million for Coronado Crossing and Valley Park Village, two Denver, Colorado, multi-housing communities comprising 388 units. Working exclusively on behalf of Boulder, Colorado-based Mountain View Capital,... Read more
Transactions Report Week of 07/24/17
Rare 1970’s-Built Apartment Community in Lowry has Sold CBRE announced this week that the Fairways at Lowry, constructed in 1973, sold for $47.5 million, including the assumption of existing debt in the amount of $26,100,000.The 450-unit community is located at 9913 East 1st Avenue in Aurora, Colorado, adjacent to... Read more