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Arvada Retail Center Sells for $17.5M

Leave a Comment / Brokerage, Retail /

ARVADA –  A 56,000-square-foot retail shopping center located on 5.85 acres in Arvada has sold for $17.5 million. Armstrong Capital Development, LLC (“ACD”), a Denver-based private equity real estate investment, development and management company,  purchased the property, know as Arvada Connection, from Walton Street Capital in May. Brad Lyons and Matthew Henrichs of CBRE represented ACD in the transaction. Located

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Elevated Safety: Pre-work Checklist Helps Prevent Dropped Objects on Construction Sites

Leave a Comment / Construction, Contributed Article, Feature /

By Steve Cox, CSP, District HSE Manager, PCL Construction With so many large construction projects underway in Denver, on very compact construction sites, the risk of falling objects from building heights has been amplified. The threat of tools and materials falling to the ground below puts people and property in jeopardy, and it’s imperative for construction safety professionals to

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Parker Retail Center Leased by Hobby Lobby and Planet Fitness Sells for $11M

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PARKER –  A two-tenant box retail center located at 10901 S. Parker Road, has been sold to a California-based private investor for $11 million. The 94,772-square-foot retail center offers current long-term leases with Hobby Lobby and Planet Fitness. Matthew Henrichs and Brad Lyons with CBRE represented the seller, Pace Properties of St. Louis, Missouri. The property, known

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2019 State of Downtown Denver Report Outlines Statistics, Accolades Behind a Thriving Downtown

Leave a Comment / Development, Reports /

DENVER — The Downtown Denver Partnership just released its 2019 State of Downtown Denver report. The report, funded in part by the Downtown Denver Business Improvement District, is the most comprehensive statistical looks at the stories and statistics behind a thriving Downtown Denver, detailing increasing investment, strong office market fundamentals, a growing and highly-educated workforce, and

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HFF Arranges Financing for Six Apartment Communities Including One in Denver

Leave a Comment / Brokerage, Multifamily /

DENVER – Advenir, Inc., a real estate investment company headquartered in Aventura, Florida has received financing totaling $190.873 million for six apartment communities comprising 1,843 units In Texas, Alabama, and Colorado. including Advenir at Bear Valley, a 230-unit property located at 3550 S. Kendall Street in Denver. Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of

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Marcus & Millichap Capital Corp. Closes $33.1M in CRE Financing

Leave a Comment / Brokerage, Multifamily /

DENVER – Marcus & Millichap Capital Corp. (MMCC), a leading national provider of commercial real estate financing and capital markets expertise, recently announced that more than $33.1 million in investment property financing was placed by its Denver office led by Phillip Gause, first vice president capital markets, and Alex Ducas, associate director, through April 30, 2019.

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Retail Space Highly Coveted in Denver’s Urban Submarkets

Leave a Comment / Reports, Retail /

DENVER — According to the latest Marcus & Millichap Retail Market Report, Denver’s retail sector will continue to outperform in 2019 as market fundamentals stick to their improving paths. Rent growth is on track to retain its stability, while vacancy is scheduled to decrease for the 10th year in row. During that time, the market’s average vacancy rate will

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Two New Retail Tenants Open at Dairy Block

Leave a Comment / Events, Retail /

DENVER – Joining tenants Sarah O. and Run for the Roses that opened earlier this month, two new Denver retail destinations – FREE MARKET and HEYDAY – are now open at Dairy Block, downtown Denver’s newest micro-district that celebrates the maker. FREE MARKET is an ever-evolving collective that develops and markets curated products, services, and experiences by

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Movers and Shakers

Movers and Shakers Week Ending 05.17.19

Leave a Comment / Development /

Cole Taylor Expands Team with New Hires ColeTaylor, a Denver-based commercial property management company recently welcomed Christian Merrick, vice president of accounting and Rick Justice, vice president of engineering, to the team. Merrick brings nearly 20 years of accounting and leadership experience with prominent office, retail and industrial projects around Denver. Justice brings substantial knowledge and expertise

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HFF Provides Financing for Office Building in Westminster

Leave a Comment / Brokerage, Office /

DENVER – Following the sale of $71.1 million sale of Westmoor Place Buildings 8, 9 and 10, Holliday Fenoglio Fowler, L.P. (HFF) has arranged financing for Westmoor Center Building 7, a 205,000-square-foot office building in Westminster. HFF worked on behalf of the borrower, CapRidge Partners, LLC, a value office investor and manager headquartered in Austin, Texas, to secure

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