CBRE Arranges Two Multifamily Sales Totaling $99.5M in CO Springs
COLORADO SPRINGS — CBRE recently arranged the sales of two apartment communities in Colorado Springs; Woodland Hills and Creekside at Palmer Park. Woodland Hills sold for $27 million and Creekside at Palmer Park sold for $72.5 million, representing Colorado Springs’ largest single-property multifamily sale this year by number of units (328). The …
Confluent Development Completes Denver Retail Project
DENVER – Denver-based Confluent Development, recently completed its retail project located on the northeast corner of Arapahoe & Nome in Centennial.. Spanning 2.78 acres within The Ridge development, the project features national retail brands Natural Grocers and Starbucks. Confluent Development and Equity Ventures Commercial Development, a fully integrated commercial real estate development …
Children’s Hospital Medical Pavilion in Aurora Sells
AURORA — Children’s Hospital Medical Pavilion, previously called Aurora Medical Pavilion, located at 860 North Potomac Circle in Aurora has sold. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany of CBRE U.S. Healthcare Capital Markets partnered with James Brady and Campbell Davis from CBRE Denver Investment Properties to act as the …
Crescent Acquires Large Office Portfolio in Colorado Springs
COLORADO SPRINGS — Crescent Real Estate LLC (Crescent), a real estate operating company and investment advisor, has acquired the Patriot Portfolio, a 1.02 million-square-foot office portfolio in Colorado Springs that consists of 13 Class A office buildings in two submarkets. Five buildings are in the North I-25 submarket and eight buildings are in …
Westfield Company Purchases 45-Acre Denver Infill Site
DENVER – A 45-acre site marketed as “Denver’s Last Mile,” located on the northwest corner of Pecos Street and West 56th Avenue in central Denver has sold. Westfield Company, Inc. a Denver-based real estate investment, development and management company, purchased the land from Rocky Mountain Prestress for $40.71 million, according to Denver County public records. …
Retailers to Combine Online, In-Store Shopping this Holiday Season, says CBRE
DENVER – Retailers this holiday season will double down on strategies to draw online shoppers into stores, reward their loyalty in new ways and ensure that toys are available at every turn, according to a new report from CBRE. CBRE’s annual Holiday Retail Trends Guide found a common theme connecting several of the …
Staples Office Building Sells for $12.5M
DENVER – Church Ranch Office Building II, the western regional headquarters of Staples, Inc. in Westminster, has sold for $12.5 million, according to public records. Holliday Fenoglio Fowler, L.P. (HFF) managing director Jules Sherwood and director Nate Perry marketed the property on behalf of a private equity firm based in New York. The …
Proposed Amazon HQ2 Site in Lone Tree Seeks New Buyer
A 146-acre site in Lone Tree that was reportedly submitted to the Denver Metro Economic Development Corp. as a possible location for Amazon’s HQ2, is now being marketed to other companies. According to Economic Development Director for the City of Lone Tree, Jeff Holwell, Lone Tree City Center, which is …
Premier Class-A Office Portfolio in Colorado Springs Sells for $125.25M
COLORADO SPRINGS – A 13-building, 1,020,654-square-foot Class-A office portfolio, located in Colorado Springs closed on Nov. 13 for $125.25 million. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of Cushman & Wakefield Denver’s Capital Markets group, along with the firm’s New Jersey and New York City office, represented the seller …
Luxury Apartment Homes in Broomfield Fetch $106M
BROOMFIELD — The Terracina Apartment Homes located at 13620 Via Varra Road in Broomfield, have sold for $106 million or $293.54/SF. “Terracina’s truly unique location — in the heart of the Silicon Valley of the Rockies and within the fast growing Broomfield Business Park — and construction style — that …