$189.5M Combined Sale of Three Northern Metro Denver Multifamily Complexes
View here The northern Colorado multifamily market remains strong with three multifamily complexes recently sold for a combined $189.5 million. Two of the properties are in Broomfield and one in Brighton. ARA, A Newmark Company, and CBRE facilitated these deals. Image: Arista Uptown in Broomfield which sold for $65M,... Read more
Koelbel & Co. Breaks Ground at Centennial Valley Business Park
Denver, CO –  Denver-based Koelbel and Company has broken ground on a two-story, class A office project at 168 Centennial Parkway in Louisville, Colorado. The 57,700-sq.-ft. speculative building is expected to deliver in Q2 2017. 168 Centennial Parkway will be located in Centennial Valley Business Park. The two-story, 57,700-sq.-ft. class... Read more
Tech Continues to Drive Denver Office Market per CBRE’S Annual Tech-Thirty List
Denver, CO – Denver continues to have one of the strongest technology sectors in North America according to CBRE’s annual Tech-Thirty list, which analyzes the 30 leading technology markets in the U.S. and Canada in terms of high-tech software/services job growth. The Denver highlights include: Denver lands at no.24 on... Read more
Denver featured in Forbes in ‘Marijuana Legalization Is Really A Real Estate Story’
View here Denver’s legalized marijuana industry is featured in an article featured in Forbes entitled Marijuana Legalization Is Really A Real Estate Story. The article quotes reports from CBRE and Marcus & Millichap regarding the growth of the industrial market due to the legalization of marijuana in Colorado. Stock photo courtesy... Read more
Rob Link Joins CBRE as Executive Vice President
Denver, CO –  CBRE recently announced that Rob Link has joined the firm’s Denver office as Executive Vice President. Mr. Link is one of the top corporate real estate advisory professionals in the metro area. Now part of CBRE’s market-leading Transaction & Advisory Services | Occupier group, he will continue to focus... Read more
Griffis/Blessing Purchases Glenbrook Apartments in Denver
DENVER, CO – Griffis/Blessing, Inc., finalized the acquisition of Glenbrook Apartments located in southeast Denver, CO on November 1st. Glenbrook is a 252-unit, garden-style multifamily community built in 1985 that is comprised of studios, one- and two-bedroom apartment homes, averaging 752 square feet. The community offers residents an outdoor swimming... Read more
Pacific Acquisitions’ Affiliate Acquires 4th New CO Asset
Denver, CO – CBRE Group, Inc. recently announced the closing of the fourth in a series of recent acquisitions by affiliates of Pacific Acquisitions of Anchorage, Alaska. This $6.35 million purchase of the Matheson Building in Longmont, Colorado, follows the commercial property investment and management firm’s Aug. 3, 2016, purchase... Read more
Construction of New CDOT Region 2 Headquarters in Pueblo Nearing Start
Pueblo, CO – Back on September 15th, the Colorado Transportation Commission approved the $28 million spending budget for CDOT’s new regional headquarters in north Pueblo. Construction is set to start in November or December and is expected to take about 18 months to complete. CDOT plans to move into... Read more
CBRE Completes Sale of Historic Lincoln Hotel Apartments Property in Downtown Loveland
Loveland, CO – CBRE Group, Inc. recently announced the sale of the Lincoln Hotel Apartments building located at 365 North Lincoln Avenue in Loveland, Colorado. Mike Eyer and Julius Tabert of CBRE’s Fort Collins office handled the sale, which closed Friday, Oct. 14, 2016. The seller was Lincoln Hotel Apartments, LLC... Read more
CBRE Sells North College Marketplace & Nearby Starbucks in Fort Collins
Fort Collins, CO – CBRE Group, Inc. recently announced the $2.6 million sale of the 5,668-square-foot, Class A retail center located at 1856 North College Avenue in Fort Collins, Colorado. Matthew Henrichs and Brad Lyons of CBRE’s Retail Investment Services in Denver represented the seller, LC Real Estate Group, LLC... Read more