Two Retail Properties in Colorado Springs Sell for Combined $10M
Two retail properties in Northern Colorado Springs, near the intersection of Interstate 25 and E. Woodmen Rd., have been acquired by a private real estate trust for a combined $9.98 million. The properties were sold by Crest At Woodmen Retail, LLC, as part of a 1031 exchange. The two properties …
Value-Add Multifamily Community in Pueblo West Sells for $2.2M
Columbine West Apartments, a 16-unit, single-story apartment community located in Pueblo West, Colorado has sold for $2.2 million, or approximately $137,500 per unit. The Southern Colorado asset located at 1010-1016 E Mallon Dr was acquired by Denver-based Columbine West Apartments. The seller was S & J Rental Properties, Inc. Lee …
Summer Valley Shopping Center in Aurora Sells for $20.4M
Cushman & Wakefield has advised the sale of Summer Valley Shopping Center, a 95,669-square-foot retail center located at the northeast corner of E Quincy Avenue & S Buckley Road in Aurora, Colorado. Anchored by Vasa Fitness and Dollar Tree, the property is 99% leased to a stable and synergistic service-based …
New Pivot Denver Industrial Development Lands Kickoff Tenant
Pivot Denver, a brand new ±472,800-square-foot Class A industrial logistics development nearing completion in Denver, has signed its first tenant. Total Tool, a St. Paul, MN-based construction tool supplier, has leased 58,738 square feet of space in the state-of-the-art project that is owned and being developed by Westfield Company Inc., …
Denver-Based Kentwood Real Estate Acquires Calibrate Real Estate
Kentwood Real Estate has acquired local brokerage Calibrate Real Estate. Six of Calibrate’s agents will join either Kentwood’s commercial or residential teams, based on their primary business focus areas. “Kentwood’s leadership philosophy mirrors Calibrate’s, and this feels like a natural transition,” says Calibrate founder and CEO Kyle Malnati. “Kentwood has …
Rockefeller Group Acquires 35.6-Acre Parcel in Thornton from Confluent Development
Rockefeller Group, a New York-based real estate developer, owner and operator, has purchased a 35.6-acre parcel in Thornton for the development of 25 Commerce Park, a three-building, 453,550-square-foot industrial park. The project is located at E. 152nd Ave. & Washington St. The seller was Denver-based Confluent Development who purchased the …
Slifer Smith & Frampton Real Estate Opens Flagship Office Within Hotel Clio in Cherry Creek North
Slifer Smith & Frampton Real Estate (SSF), the leading independent brokerage firm in Colorado, and founding member of Forbes Global Properties, has opened a new flagship office in Cherry Creek North. Housed within Hotel Clio, the elevated new office will become SSF’s Denver headquarters, providing a home base for current …
JLL to Lease Premier Office Space in Downtown Golden
AC Development, a privately-owned real estate company launched in 2020 by the Coors Family, has awarded JLL Denver with the leasing assignment for Clayworks, the innovative mixed-use development located on over 12 acres in downtown Golden. AC Development is transforming the family’s historic technical ceramics production facility into a dynamic …
EverWest Real Estate Acquires Industrial Portfolio in 4 Primary US Industrial Markets
JLL Capital Markets recently arranged $61,340,000 in financing for a four-property industrial portfolio totalling 428,488 square feet in Colorado, New York, Tennessee and Washington, on behalf of EverWest Real Estate Investors. JLL worked to secure the loan from institutional investors advised by J.P. Morgan Global Alternatives. The six-year, full term interest …
CBRE New Recruits Sell Office Building in Fort Collins for $3.2M
A 6,832-square-foot office building located at 2024 E. Harmony Rd. in Fort Collins has been sold to a Colorado-based limited liability company for $3.2 million in an off-market transaction. The building attracted interest for its high-visibility location along Harmony Road. CBRE’s new recruits Jason Ortiz and Tyler Swenson represented the …