Henry Group Brokers Sale of Prime Corner Property in Downtown Littleton
Henry Group Real Estate recently announced the sale of 2589 West Littleton Boulevard, Littleton, which closed for $2,350,000.
Pat Henry, Boston Weir, and Montana Rae of Henry Group Real Estate represented the Seller, 2589 W Main Street LLC. The Buyer, Main Street Partners 1, LLC, owns several other properties in Historic Downtown Littleton and identified this acquisition as a strategic portfolio addition. The Buyer is evaluating the property’s optimal future use.
Built in 2011, the 6,058-square-foot, two-story building occupies a prime corner at West Main Street and Curtice Street in Littleton’s pedestrian-friendly downtown core. The property includes 1,833 square feet of multi-level rooftop terraces with panoramic mountain views.
Architectural highlights include multiple dining and bar areas, lounge spaces, indoor and outdoor fireplaces, and elevated finishes featuring brick, wood, and metal detailing with dramatic suspended wood beams—designed to support lifestyle-driven concepts aligned with the Colorado market.
“This transaction illustrates the continued strength and investor demand within downtown Littleton and neighborhood retail,” said Pat Henry of Henry Group Real
Estate. “The buyer’s existing presence in the area and long-term perspective reinforce confidence in this market and its ongoing growth.”
CBRE Arranges $1.9 Million Sale of 8-Unit Arvada Apartment Complex
CBRE has arranged the $1.925 million sale of an 8-unit apartment community in Arvada to HBR1 Arvada, LLC. This was the highest price-per-unit sale in Arvada in over two years outside of new construction projects.
Charlie Mitelhaus of CBRE represented the seller, Pierce Plaza, LLC, in the transaction.
Located at 5815 Pierce St. in Arvada, the property is made up of eight 1,000-square-foot townhome-style units with two bedrooms and one and a half bathrooms. The apartments were built in 1983 and feature laundry hookups in the basements and two off-street parking spaces.
“The excellent suburban location in one of Denver’s most desirable suburbs and attractive unit layouts of these apartments garner a high renter demand,” said Mitelhaus. “While the units have been well maintained over the years, a value-add strategy exists in upgrading each of the units as well as adding an additional bedroom and bathroom in the basements.
Located a half mile from Olde Town Arvada, which is listed on the National Register of Historic Places, the property is surrounded by abundant retail, dining and entertainment options.
Pinnacle Announces Sale Of a Retail/Flex Strip Center In Loveland
Justin Krieger, principal at Pinnacle Real Estate Advisors, LLC, announced the sale of Loveland Marketplace South, a 39,488-square-foot retail/flex strip center building on 4.46 acres located at 2979-2985 N. Garfield Avenue in Loveland. The transaction closed on February 5 for $3,150,000.
The property was approximately 76% vacant at closing, with its only tenant being a high-volume Dollar Tree. The buyer intends to open the fourth Mousa Liquor Warehouse, with a fifth location in Longmont in the works, at the property and lease out the remaining vacant space. Justin Krieger represented the buyer, and Jason Ells at Cushman & Wakefield represented the seller in the deal.
171-Unit Apartment Community in Colorado Springs Sells for $11M
Kaufman Hagan announced the sale of the Arbor Pointe Apartments, a 171-unit apartment community located along Hancock Expressway, a major corridor between I-25 and the Colorado Springs Airport. Sold for $11 million, the sale averaged $106.64 per square foot and $64,328 per unit.
Kaufman Hagan Principal Brandon Kaufman and Broker Ryan Floyd represented the seller in this successful transaction.
“In true deal-making fashion, this transaction came together through collaboration, compromise, and consistent communication among all parties. While Arbor Pointe is a well-maintained and thoughtfully upgraded asset, it faced vacancy and operational challenges similar to many properties across Colorado. In today’s market, nothing is perfect—closings with these challenging circumstances come from working with a team willing to creatively navigate obstacles and stay committed to grinding through every stage of the process,” said Brandon Kaufman, principal, Kaufman Hagan Commercial Real Estate.
Lee & Associates Announces $3.75 Million Sale of 5.19-Acre Property in Littleton
Matt Burgner, principal at Lee & Associates, the largest broker-owned commercial real estate services firm in North America, announced the successful sale of 5201 S Federal Boulevard in Littleton. The property closed on February 6 for $3,750,000.
The offering consisted of approximately 5.19 acres (226,077 square feet) of land improved with a 6,384-square-foot building. The property’s size and prominent location along South Federal Boulevard provides strong visibility and a great home for the buyer’s intended use.
Matt Burgner of Lee & Associates represented the seller, James Properties LLC, in the transaction. The buyer was unrepresented.
“This transaction highlights continued demand for well-located land sites in the Southwest Denver metro area,” said Burgner. “Large infill parcels with scale and frontage along major corridors remain highly sought after.”
5201 S Federal Boulevard offers convenient access to surrounding residential and commercial neighborhoods, positioning it as a strategic acquisition within the Littleton market. For additional information, please contact Matt Burgner.
