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transactions

Transactions Report Week Ending 05.11.18

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HFF Announces High-end, Wellness-focused Condominium Development Financing Holliday Fenoglio Fowler, L.P. (HFF) announced $83.03 million in financing for the development of Lakehouse on 17th, a 196-unit, for-sale condominium project in Denver’s Sloan’s Lake neighborhood. HFF worked exclusively on behalf of NAVA Real Estate Development to place the floating-rate construction loan with a national bank. The HFF debt placement […]

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Denver-based Developer Introduces Enterprise Coworking Brand to South Suburbs

Leave a Comment / Development, Office /

DENVER — Focus Property Group (FPG), a Denver-based property investor and developer purchased a 70,000-square-foot office building this month, at 5500 Greenwood Plaza Boulevard in Greenwood Village for $10 million. Existing tenants of the building will be joined in August by Enterprise Coworking, a Focus-affiliated shared workspace whose flagship location in Denver’s RiNo neighborhood is now filled with more

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CORHIO Joins Ranks of Innovators Locating at Catalyst HTI

Leave a Comment / Development, Healthcare, Office /

DENVER — In an initiative to centralize Colorado’s most innovative leaders in the healthcare industry, Colorado Regional Healthcare Information Organization (CORHIO) will open a branch office and workspace this summer at Catalyst HTI, a health technology innovation center, by Denver-based developer Koelbel and Company. The expansion will place CORHIO at the core of a collaborative hub

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Movers and Shakers

Movers and Shakers Week Ending 05.11.18

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The Weitz Company Promotes Bruce Porter to Executive Vice President The Weitz Company has promoted Bruce Porter to executive vice president and general manager of its Rocky Mountains business unit in Denver. Porter has been with Weitz since May 2014, leading business development efforts in the Rocky Mountains region while supporting additional product lines nationally.

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City Council Votes to Curb Development of “Slot Homes”

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

DENVER — On Monday night, Denver City Council voted unanimously to approve major changes to the Denver Zoning Code that will curb the development of “slot homes” throughout Denver. Slot homes are thought by many to be boxy, multi-unit residential buildings, arranged perpendicular to the street that often feel disconnected and out of place in many Denver

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Chicago-based Investment Company Purchases Value-add Multifamily Property in Glendale

Leave a Comment / Brokerage, Multifamily /

DENVER –  A 132-unit multifamily community called The Helix, located at 1017 South Birch Street in southeast Denver’s Glendale neighborhood, has sold for an undisclosed amount. The sale attracted a lot of investor interest as a value-add opportunity and it’s prime location in urban Glendale/Cherry Creek area. CBRE’s Dan Woodward, David Potarf, Matt Barnett and Jake Young represented the seller, FPA

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iBrands to Construct Cannabis Grow Facility Near Durango-La Plata Airport

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

DURANGO, CO — According to iBrands Corporation, Inc. (“the Company”), a diversified holdings company, legal cannabis sales topped $1 billion in Colorado last year. From 2009 to 2014, 36 percent of new industrial tenants were marijuana businesses there and nearly four million square feet of industrial space in Denver was being used for cultivation in 2015,

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Neoera Completes Design for Art Curation Firm’s New LoHi Headquarters

Leave a Comment / Architecture, Construction, Design, Engineering, Office /

DENVER  – Neoera, a Denver-born architecture firm that delivers meaningful spaces at the intersection of design and culture, recently completed architecture and interior design for NINE dot ARTS’ new 6,400-square-foot headquarters located at 3734 Osage St. in Denver’s Lower Highlands neighborhood. NINE dot ARTS is an award-winning art curation firm offering end-to-end arts planning and procurement for a wide range of

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Industrial Build-to-Suit Facility Under Construction Near DIA

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

DENVER — Becknell Industrial has purchased a 39.8-acre site in Nexus at DIA in Commerce City. A new 540,800-square-foot build-to-suit industrial facility is slated for completion in January 2019. The site is strategically located at Quintero Road and East 81st Avenue, which is immediately adjacent to the Denver International Airport. Becknell purchased the parcel from

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Unique Properties Announces Three Metro Denver Transactions

Leave a Comment / Brokerage, Multifamily /

DENVER— Unique Properties, Inc., recently announced the following metro Denver CRE sales: 1301 North Santa Fe Drive, Denver, sold for $1,650,000. The 3,303-square-foot, colorful building was marketed as a land development opportunity and sits on 12,000 square feet of prime Denver land. The C-MX-8 zoning, plus the UO-1 & UO-2 overlays, permit a multitude of uses for the new owner.

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