HFF Announces $33.8M Denver Apartment Community Financing Holliday Fenoglio Fowler, L.P. (HFF) announced the $38.5 million sale of Ranch at Bear Creek, a 201-unit apartment community in Lakewood. The HFF team marketed the asset exclusively on behalf of the seller, Aukum Group, and procured the buyer, Castle Lanterra Properties. The HFF investment advisory team representing the seller […]
Transactions Report Week of 04.23.18 Read More »
JVA, INC. Announces 2018 Promotions JVA, a structural, civil, and environmental consulting engineering firm headquartered in Boulder, announced the following promotions of leaders in our corporate management team. Cooper Best has been promoted to associate. Cooper has been with the JVA Environmental team since 2014, and started the firm’s Glenwood Springs office. He actively serves numerous municipal clients
Movers and Shakers Week of 04.23.18 Read More »
DENVER — According to a new report from CBRE, momentum for additional construction of U.S. warehouses is not likely to wane because the vast majority of the country’s warehouse stock is decades old and ill-suited for the demands of e-commerce. Denver’s warehouse age is even older than the U.S. average, coming in at 36 years old. While
Majority of Denver’s Warehouse Inventory is Inadequate for E-Commerce, CBRE Says Read More »
DENVER – Cigna, the global insurer and health service company, is moving their headquarters from Greenwood Village to Denver’s Colorado Center. The Connecticut-based company has signed a lease for 135,800 square feet in the recently completed Tower 3 of the complex at 2000 S. Colorado Blvd, developed by ASB Real Estate Investments (ASB) and Dallas-based Lincoln Property Company.
Cigna Moving Headquarters to Colorado Blvd. Read More »
DENVER – Vertix Builders, a culture-focused construction company, has started construction of the new 145 Inverness Drive East medical office building (MOB) located at the Dry Creek Medical Campus in the Inverness Business Park. As a healthcare construction specialist, Vertix Builders will be working with long-term client Development Solutions Group, a company that prides itself
Construction Underway on MOB at Dry Creek Medical Campus Read More »
DENVER — A recent RentCafé study shows that the number of high-end rentals increased significantly in cities across the country. The nationwide apartment search website looked at average rent prices for high-end apartments, across 30 largest US cities. The national average rent in a high-end building is around $1,640 per month. Key findings in Denver: Change in
Rent for High-end Buildings in Denver Increases Read More »
DENVER – Willow Run Village multifamily community located at 12621 Zuni Street in Broomfield has sold for $50 million. According to CBRE specialist, continued investor interest in value-add multifamily opportunities is driving competition for available properties and strong pricing. CBRE’s Dan Woodward, David Potarf and Matt Barnett represented the seller, Griffis/Blessing of Colorado Springs. The buyer, Hamilton Zanze of
Value-Add Multifamily Property in Broomfield Sells for $50M Read More »
DENVER — Freelance Enterprises, a manufacturer of premium custom commercial millwork, has signed a 65,126-square-foot lease at the Colorado Trade Center, a 700,000-square-foot industrial complex located near the intersection of I-25 and I-70 in central Denver. The move to the new location at 5151 Bannock Street is approximately one mile east of Freelance Enterprises’ current site at 1851 West 52nd
Commercial Millwork Provider Signs 65,000-Square-foot Lease at Colorado Trade Center Read More »
DENVER – Six additional restaurants, retailers and bars have signed on to join Dairy Block, Denver’s vibrant new micro-district in the heart of LoDo. Developed by McWHINNEY, Sage Hospitality and Grand American, Inc., Dairy Block is the Mile High City’s newest destination where you can dine, drink and explore, an entire downtown block connected by Denver’s
Six Additional Retailers Announced for Dairy Block Read More »
LAKEWOOD — New York-based Castle Lanterra Properties (CLP) continues to expand its multifamily portfolio in the Denver metro area with the acquisition of its fourth property within the last 16 months. The firm recently purchased the 201-unit property, The Ranch at Bear Creek, bringing its total unit count to more than 1,100. Located at 3324 S. Field
New York-based Investment Firm Acquires Fourth Denver Metro Property within 16 Months Read More »
