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450 Condos and Townhomes to be Built at Centerra

Leave a Comment / Condominium, Development /

Building upon its existing footprint in Centerra, Landmark Homes has purchased 450 homesites at McWhinney’s Centerra master-planned community in Loveland. Landmark plans to deliver townhomes and condominiums in The Lakes at Centerra neighborhood. Landmark plans to break ground in spring 2020 to provide northern Colorado residents with a more diversified and affordable selection of products. “Landmark has made a

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Denver Apartment Sale Breaks Price Per Square Foot Record

Leave a Comment / Brokerage, Multifamily /

3206 Osage St, a 20-unit apartment building in the Lower Highlands neighborhood of Denver, has sold for $7.1 million and a record-setting $707 per square foot. Barton Thompson & Josh Newell of the Newell Team at Pinnacle Real Estate Advisors, LLC facilitated both sides of the transaction, the seller The Situs Group, and the buyer, a multifamily

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Northstar Sells MOB in Lafayette to Boulder County

Leave a Comment / Brokerage, Healthcare, Office /

Denver-based Northstar Commercial Partners has sold its 40,169-square-foot medical office building located at 1755 S. Public Road in Lafayette for $12.8M, to the County of Boulder. “We are very pleased with the sale of this newly constructed asset to Boulder County,” said Brian Watson, founder & CEO of Northstar. “It is not only an excellent transaction

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30 Acres in Commerce City Sells to Chicago-based Industrial Outdoor Ventures

Leave a Comment / Brokerage, Development, Industrial, Land Sales /

Chicago-based Industrial Outdoor Ventures (IOV) has closed on two land sale transactions in the Denver metro area, totaling approximately 30 acres. Located at 10600 Havana Street and 8780 E. 93rd Place in Commerce City, both sites will be developed into industrial buildings with outdoor storage. Newmark Knight Frank’s (NKF) Mike Viehmann, Mike Wafer, SIOR, and

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Conscience Bay Co. Unveils Adaptive Reuse Plans for The Denver Shops

Leave a Comment / Development, Feature, Industrial, Renovation /

By Katie Rapone, editor of Mile High CRE. As the subject of last years Rocky Mountain Real Estate Challenge, The Denver Shops, a 40-acre industrial site located at the crossroads of I-25 and I-70 in the Globeville neighborhood, has much of the CRE community eager to find out what will become of the site. Formerly known

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Movers and Shakers Week Ending 02.21.20

Leave a Comment / Movers and Shakers /

Matt Smith Starts a New Brokerage Premises Commercial Real Estate LLC After leading Vector Property Services for the past 25 years, veteran office leasing broker Matt Smith has started his own brokerage, Premises Commercial Real Estate. “I have always considered a customized and dedicated approach to each clients’ specific requirements, a key determinate to my

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Colorado a Top 5 Market for Vacant Land Sales

Leave a Comment / Land Sales, Reports /

Vacant land is a hot commodity in the commercial real estate sector. According to CRE data platform Reonomy, recent sales volume across the asset class has grown steadily over the past few years, with average sales price following suit in many markets. While national performance is strong, the national vacant land sales report indicates activity is

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Construction-Education.com Donates Online Course to AGC of Colorado’s Construction Careers Now Students

Leave a Comment / Construction, Education /

Construction-Education.com, a leading educational provider to the construction industry, has announced it will provide its online course, How a Building is Designed and Built, free of charge to the students currently enrolled in the Associated General Contractors of Colorado’s Construction Careers Now program upon their successful graduation. Morris presented an overview of the course and

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Idaho-based Investment Company Acquires 2-Building Office Portfolio in Colorado Springs

Leave a Comment / Brokerage, Office /

Boise, Idaho-based Alturas Capital Partners has purchased Centennial Technology Center, a 2-building office portfolio totaling 110,405-square-feet in Colorado Springs. Baxter Fain and Christina Grimme of Cushman & Wakefield Denver’s Equity, Debt & Structured Finance Group handled the $11,242,409 acquisition financing and worked on behalf of the buyer to provide 10-year, fixed-rate financing. The acquisition represented a rare

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Industrial-Hybrid Property in Englewood Sells for $16M

Leave a Comment / Brokerage, Industrial /

A 92,080-square-foot industrial-hybrid property in Englewood, home to one of the nation’s largest climbing gyms, has sold for $16.14 million. Jeremy Ballenger, Tyler Carner, Jim Bolt and Jessica Ostermick with CBRE Denver represented the seller, Ogilvie Properties based in Denver. Call Family Trust from Monterey, Calif., purchased the property in a sale that closed Feb. 12. The property, located at 1050 West

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