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Three Retail Properties in Colorado Sell for Combined $13.68M

Leave a Comment / Brokerage, Retail /

Three net-leased retail properties located in metro Denver, Colorado Springs and Pueblo, recently sold for a combined $13.68 million. Brad Lyons, Matthew Henrichs and Parker Brown with CBRE’s National Retail Partners group in Denver represented the seller on each transaction. “The market for high-quality, net-lease investment opportunities across the Colorado Front Range is increasingly competitive given […]

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Neglected Industrial Building in Broomfield to be Renovated

Leave a Comment / Brokerage, Industrial, Investment, Renovation /

Boulder-based Tepuy Properties, a real estate syndicator and property management company, has purchased 1 Park St. in Broomfield, a 26,400-square-foot single-story industrial building, for $1.75 million. Located just off Highway 36 and the Interlocken Loop, the property has suffered significant hail, fire and water damage, as well as other neglect. “I’ve been looking for a while for a building

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Englewood Industrial Property Sells as Part of Portfolio Sale

Leave a Comment / Brokerage, Industrial, Investment /

Westcore Properties, a San Diego-based real estate investment firm, has purchased a four-property industrial portfolio in the Western United States, including a distribution facility in Englewood, Colorado. The properties total 704,065 square feet and are located in prime distribution corridors across the western United States. The assets are located at 14101 E. Otero Avenue in Englewood,

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Affordable Housing Nonprofit Rocky Mountain Communities Poised for Growth

Leave a Comment / Affordable Housing, Community Involvement, CRE People /

Colorado-based, affordable housing nonprofit Rocky Mountain Communities (RMC) that owns and manages affordable housing communities across the state, is positioning itself for growth by filling two new executive roles. Mark Marshall has been named the vice president of real estate and Denise Gomez has been named director of development, equity and engagement for the organization.

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Rocky Mountain Commerce Park in Eagle County to Break Ground this Spring

Leave a Comment / Construction, Development, Industrial /

Fortius Capital, a real estate private equity, services and development company, recently secured funding for the development of a 28-acre light industrial subdivision and commerce park directly across from the Eagle County Regional Airport in Gypsum, Colorado. Rocky Mountain Commerce Park (“RMCP”) is subdivided into 13 lots ranging from one to twelve acres, and serves

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New Case Study Details Success of CRE Underwriting Automation

Leave a Comment / Brokerage, Technology /

Bellwether Enterprise (BWE) — a national, full-service commercial and multifamily banking company that provides flexible, competitive market rate and affordable financing solutions — recently implemented the Clik.ai AutoUW software system across its servicing and origination teams, in order to make its underwriting and financial review processes more efficient, while maintaining the quality and consistency of deliverables.

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Transit Oriented Multifamily Asset in Arvada Sells to The Praedium Group

Leave a Comment / Brokerage, Multifamily, Transit /

With new apartment communities few and far between in Arvada, New York-based The Praedium Group seized the opportunity to purchase Gateway Arvada Ridge, a Class A, 296-unit multifamily asset located at 5458 Lee Street in Arvada. Newmark Vice Chairmen Shane Ozment, Terrance Hunt and Chris Cowan represented the seller, Embrey, who developed the property, completing the project in 2019. “Our

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Denver Ranks 5th Among Hottest Markets for Multifamily

Leave a Comment / Multifamily /

Over the past decade, the price-per-unit (PPU) for multifamily properties surged 156 percent, reaching nearly $160,000. This increase surpassed both median home sale prices and rental rates. The latest CommercialSearch study compared and ranked the most active U.S. metros in terms of multifamily sales since 2009. Here are some highlights: Denver is the fifth hottest

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MOA Announces 2020 Dimensions Award Winners

Leave a Comment / Architecture, Awards, Construction, Development, Engineering /

Denver-based MOA ARCHITECTURE has announced the 2020 recipients of its annual MOA Dimensions Awards. In addition to high-quality job performance, these awards acknowledge the overarching values and attitudes that the firm holds in common with their collaborators, including a commitment to live and work with the highest character, respect, and integrity as well as an

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