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Fully-Leased Industrial Property in Englewood Sells for $10M

Leave a Comment / Brokerage, Development, Industrial /

Colorado company Gordon Development LLC has sold its 63,550-square-foot industrial property located at 8644 South Peoria in Englewood, for $10 million. 8644 South Peoria is a Class A, multi-tenant industrial building built in 2017 and 100 percent leased to two companies: a manufacturing tenant and Ninja Nation, a leading provider of obstacle course arenas and mobile course experiences serving America’s

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Shift Workspaces Offers Members Rent Relief in April

Leave a Comment / Multifamily, Rent /

For all that’s changed since COVID-19 began dominating the headlines weeks ago, one thing hasn’t. Monthly rent payments. That is, until now. For Grant Barnhill, founder and CEO of Shift Workspaces, a Colorado coworking firm built on the values of mutuality, care, and social responsibility, the decision to waive April fees for his 500 members was simple. “Making

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Addressing Female Diversity in Real Estate: Is it a Pipeline Problem?

Leave a Comment / Contributed Article, Diversity, Feature /

By Becky Zimmermann, president of Design Workshop March celebrates Women’s History Month which gives us a great opportunity to recognize and reflect on the efforts that have been made over the years to help women open doors and claim a seat at the table. It’s also a time to see what we need to work on as

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Apartment Sale in Lakewood Demonstrates Trend in Region’s CAP Rates

Leave a Comment / Brokerage, Multifamily, Rent /

Rosalie at Belmar, a 40-unit apartment community in Lakewood, has sold for $7 million. According to Marcus & Millichap’s Denver office, steady rent growth in Denver’s submarkets has piqued the interest of investors. Boomer Beatty and Peter Standley, both senior associates in Marcus & Millichap’s Denver office, had the exclusive listing to market the property

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Colorado Springs Apartment Community Sells for $22M

Leave a Comment / Brokerage, Multifamily /

PLC Apartments of Newport Beach, Calif., has made their first Colorado apartment acquisition. PLC purchased The Centre Apartments, a 168-unit apartment community in central Colorado Springs, for $21,900,000 ($130,357/unit). The seller, Skyline Real Estate Investments, a local partnership, was represented in the sale by Bill Morkes and Craig Stack of Colliers International. Built in 1952, The Centre

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Collegiate Banks Opens 5th Location in DTC

Leave a Comment / Design, Development, Office /

Collegiate Peaks Bank, division of Glacier Bank, has opened a new branch location in the Denver Tech Center at 5450 Greenwood Plaza Blvd., Ste. 100. The bank has moved into the building’s approximately 6,500-square-foot main floor space. The new building was developed by Urban Esprit, a Colorado homebuilder since 1989. That company will occupy the top floor of the

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AECRE Connect

Denver-based Marketing Firm Launches New Website AECREConnect

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

In response to the Coronavirus pandemic, Denver-based Small Giants — a full-service marketing and business development agency for architecture, engineering, construction, and commercial real estate companies — today launches AECREConnect.com, an interactive new website that will serve as a central hub of information to help the Commercial Real Estate industry navigate these uncertain times. The purpose of the

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Zeppelin Station to Provide Free Meals to Newly-Unemployed Restaurant and Bar Workers

Leave a Comment / Events, Health /

In response to the spread of Coronavirus (COVID-19) through Colorado, and the subsequent closure of bars and restaurants, Colorado non-profit Friends & Family has partnered with Zeppelin Station and their collection of food concepts to provide free, nutritious meals to newly-unemployed restaurant and bar workers. This project is a twice a week free meal pick-up program

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AGC Student Chapter at Colorado State University Wins National Community Service Award

Leave a Comment / Awards, Education /

The Associated General Contractors of Colorado (AGC of Colorado) Student Chapter at Colorado State University (CSU) was honored with the AGC of America National Student Chapter Community Service Award at the AGC of America National Convention in Las Vegas, on March 12. The AGC Student Chapter at CSU won $2,000 for its construction remodel project

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Union Terrace Office Building in Lakewood Sells for $11.3M

Leave a Comment / Brokerage, Office /

Bancroft Capital Advisors, Inc. of Manhattan Beach, Calif. has acquired Union Terrace office building, a four-story, 84,145-square-foot office building located at 12596 West Bayaud Avenue in Lakewood. According to CBRE, Bancroft plans to amenitize the asset and upgrade the property’s common area, enhancing the asset’s value and tenant demand. Patrick Devereaux, James Brady and Campbell Davis with CBRE Capital Markets

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