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Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park

Leave a Comment / Brokerage, Development, Industrial /

CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented Hyde […]

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How to Safe Harbor the 26% Solar Tax Credit Before It Drops

Leave a Comment / Energy, Feature, Sponsored Content /

By Rachel Mountain The Investment Tax Credit (ITC) has supported the growth of solar energy across the country by allowing property owners to recapture a significant percentage of the solar system price. The ITC is claimed on federal income taxes and can be monetized the first year after system operation. The tax credit is 26% in 2022 and

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Denver Agency Acquired by Global Insurance Brokerage

Leave a Comment / Brokerage, Insurance /

Global insurance brokerage company Arthur J. Gallagher & Co today announced the acquisition of Denver-based Denver Agency. Terms of the transaction were not disclosed. Founded in 1932, Denver Agency is a leading personal lines-focused insurance agency that specializes in serving high-net-worth and ultra-high-net-worth clients throughout the U.S. The agency also offers commercial property/casualty solutions for those clients.

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Target Fully Leases Prologis Broadway Distribution Center in Denver

Leave a Comment / Architecture, Brokerage, Development, Industrial /

Prologis, the global leader in logistics real estate, has fully leased its Broadway Distribution Center, a brand new 141,524-square-foot Class A industrial/distribution building located at 6300 North Broadway in Denver, to Target Corporation. Steve Hager, Matt Trone, SIOR, and Joey Trinkle with Cushman & Wakefield together with Keiffer Garton, vice president and market officer at Prologis,

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128-Room Residence Inn Planned for Hotel-Ready Site in Arvada

Leave a Comment / Construction, Development, Hospitality, Retail, Transit /

Raymond Management Company (RMC), a premiere hospitality development and management company out of Madison, Wisconsin, has purchased a 2.09-acre hotel pad site in Olde Town Arvada at the southeast corner of Vance Street at 56th Avenue, from Trammell Crow Company (TCC). The site is development-ready including all grading, draining, utilities and landscaping necessary to begin vertical construction. RMC plans to build a

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Amazon Fulfillment Center_Aurora CO

Amazon Industrial Warehouse Transactions in 2022 Among Largest on Record

Leave a Comment / Brokerage, Construction, Development, Industrial /

B+E, a modern investment brokerage firm specializing in net lease real estate and 1031 exchanges, has released its Net Lease Industrial Report on Amazon. Key Points: Amazon industrial warehouse transactions in the first half of 2022 have included some of the largest trades on record. Amazon increased its number of U.S. fulfillment centers by 30%

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Office Property in Downtown Golden Sells for $5.65M

Leave a Comment / Brokerage, Office /

The Golden Center, a 15,684-square-foot office property located in the heart of downtown Golden, situated under the famous “Welcome to Golden” sign, has sold for $5,650,000 to an undisclosed buyer. Brandon Kramer, first vice president of investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the

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Two Multifamily Properties Within Minutes of Anschutz Medical Campus Sell to Investors

Leave a Comment / Brokerage, Healthcare, Multifamily /

The separate sales of two apartment communities in Aurora were announced this week. Both properties are within minutes of The ​University of Colorado Anschutz Medical Campus, giving them significant rental upside. 11300 E. 16th Ave Park 16 Apartments, a 60-unit, 50,466-square-foot apartment community located at 11300 E. 16th Ave in Aurora, has sold for $10.8 million,

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Movers and Shakers Week Ending 08.05.22

Leave a Comment / Movers and Shakers /

Stonebridge Cos. Welcomes Steve Kakaty as Chief Investment Officer Stonebridge Cos., a Denver-based, privately owned, innovative hotel owner, operator and developer, announced Steve Kakaty joined the team as chief investment officer. With more than 16 years of experience in the real estate industry, Kakaty will spearhead Stonebridge’s real estate platform. Stonebridge has been on the path towards

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1975 S. Colorado Blvd., Denver, courtesy of La Quinta.

Sought-After Property at the Southwest Corner of Colorado and I-25 to be Redeveloped

Leave a Comment / Architecture, Development, Multifamily /

Denver-based real estate development and investment duo Forum Investment Group and Brookhaven Capital Partners have purchased a marquee, 2.6-acre site at the southwest corner of Colorado Boulevard and I-25, currently home to a La Quinta Inn and free-standing Perkins restaurant. Forum plans to develop a 5-story, 300-unit multifamily community according to a press release. A purchase price was not disclosed.

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