Brokerage

Peak Realty, a full-scale real estate services company based in Chicago, has opened a new office in Denver and hit the ground running. With two lease-up projects in the historic Cheesman Park neighborhood, a 300-unit stabilized portfolio, and its first sales listing which closed May 1, Peak Realty is ready …

An entity affiliated with Fort Collins-based Dellenbach Chevrolet Inc. has purchased a 65,450-square-foot retail property located at 200 W. Foothills Parkway in Fort Collins for $9.25 million, in an off-market transaction. Peter Kast and Steve Stoecker with CBRE’s Fort Collins office represented the buyer. Jason Ortiz, formerly with Cornerstone Real …

Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with multiple real estate holdings in Colorado, Montana, Texas and California, has completed the $46 million sale of Enclave Belle Creek, a 167-unit multifamily and townhome community in Henderson, Colorado. The name of the buyer was not disclosed. …

JLL Capital Markets recently arranged a $66 million refinancing for 1400 Wewatta and 1401 Wynkoop, two interconnected, Class A office towers in Denver’s LoDo submarket.  JLL represented the borrower and operator, Crestone Partners, respectively, to secure the five-year, fixed-rate loan through an international correspondent life insurance company.  1400 Wewatta and 1401 …

The Best Interstate Inn, a budget-friendly, 100-room hospitality property located in Wheat Ridge, has sold for $5.5 million. According to Marcus & Millichap, the two-building, 40,928-square-foot offering is situated across 3.07 acres and provides the buyers with a multifamily conversion opportunity. Christy McDougall, associate, in Marcus & Millichap’s Denver office, …

Continuum Partners LLC, a Denver-based real estate developer specializing in building urban, mixed-use projects, and Clarion Partners LLC, a global pure-play real estate investment platform with a 40-year history across various real estate strategies, announced today that Workplace Resource, Colorado’s leading innovator of creative interior solutions, will be joining Market Station as an office …

The historic Wolcott apartment community located at 1410 N Marion St. and 1321 E 14th Ave., Denver, has sold for $10 million. The buyer, an unnamed investment group, consisting of a local investor and a Southern California investor, is planning extensive renovations for the 40 apartments within the turn-of-the-century former …

The availability of lab space is critical to the growth of the life sciences industry. Here in Denver, the life sciences development pipeline continues to grow, having reached over 930,000 square feet of lab space in Q4 of 2022. A strong STEM labor pool, favorable taxes and incentives, and capital/funding …

United Properties has experienced strong tenant demand at their Trade@2534 industrial development, located at 4201 Ronald Reagan Blvd. in Johnstown, Colorado. The development, the company’s third project in the 2534 master-planned community, is 90% leased with just one 27,000-square-foot vacancy remaining only nine months after its completion. Trade@2534 offers modern, …

Cushman & Wakefield recently served as the exclusive advisor to Barings, one of the world’s largest diversified real estate investment managers, in the procurement of $65.4 million in financing for Promenade Place, a 387-unit, mid-rise multifamily property in Greenwood Village. Barings advises the domestic pension fund that owns the property …