BrokerageMultifamily

Sale of Micro-apartment Community in Sloans Lake Marks Growing Trend

Sloan’s Place, a newly-constructed, 24-unit micro-apartment community located at 1540 Sheridan Boulevard in Sloan’s Lake, has sold for $5.275 million.. CBRE’s Robert Bratley represented the seller, Denver-based Highland Builders. The buyer, Helios Properties LLC, also of Denver, purchased the property in a sale that closed Oct. 10. Craig Branton with CBRE Capital Markets, …

READ MORE →
BrokerageDevelopmentRetail

10 New Businesses Join Candelas Multi-use Development in Arvada

From beer to banking and dental to daycare, 10 businesses have recently opened or committed to opening locations at Candelas, a 1,500-acre multi-use development in Arvada, which is a partnership of Church Ranch Companies of Arvada and Candelas Point, LLC. The 10 new businesses are:  Resolute Brewing Company, which opened this …

READ MORE →
BrokerageDevelopmentHealthcareOffice

Broe Real Estate Group to Convert Littleton Office Building into MOB

Denver-based Broe Real Estate Group has acquired a 41,030-square-foot office building located on 4.66 acres at 1501 W. Mineral in Littleton. Broe plans to convert the building into medical office and is actively pursuing medical tenants for the property. Jeff Wood and Monica Wiley from CBRE represented the seller, WorldVenture, a Christian missionary organization, …

READ MORE →
BrokerageIndustrialOffice

Two New Tenants Sign Large Industrial Leases at Eastpark 70 Industrial Park in Aurora

Two new companies have signed large industrial leases in the recently completed Building 2 and Building 3 at Eastpark 70 Industrial Park in Aurora. Stephen Gould Corporation and a confidential e-commerce retailer are joining the Class A industrial park located just southeast of the intersection of I-70 and Tower Road. CBRE’s Todd Witty …

READ MORE →
BrokerageMultifamilyRenovation

Fourplex Multifamily Property Provides Entry Point for Investor

1101 North Emerson, a 4-unit apartment property located at 1101 N. Emerson Street in Denver, according to Skyler G. Cooper, regional manager of the firm’s Denver office. The asset sold for $1,242,500 to an undisclosed buyer. Boomer Beatty and Peter Standley, investment specialists in Marcus & Millichap’s Denver office, had …

READ MORE →
BrokerageOffice

Platteville Office Building Leased to Occidental Petroleum Corp. Sells for $32.5M

Platteville Energy Partners has sold its 114,524-square foot, two-story office building located at 501 N. Division Boulevard in Platteville to an undisclosed buyer for $32.5 million, or $282 per square foot. The two-story office building is 100 percent leased to Occidental Petroleum Corporation (formerly Anadarko Petroleum Corporation) as a mission critical operations center in …

READ MORE →
Brokerage

Out-of-State Investor Acquires LoHi Townhomes

Lumen Homes of Denver has sold its Navajo Townhomes development, located at 3295 Navajo Street in Denver’s Lower Highland neighborhood, to a an out-of-state investor for $2,513,686. Robert Bratley with CBRE Capital Markets in Denver represented the buyer who purchased the four units in a bulk acquisition that closed Sept. 30. “There are a lot of …

READ MORE →
BrokerageIndustrial

Industrial Building in Prime RiNo Location Sells for $8.15M

A 83,256-square-foot industrial building which sits on 2.58 acres 4220-4244 Broadway in RiNo has sold for $8,150,000 ($98/SF). Brian Cox and Steve Suechting of Lee & Associates – Denver represented the seller, Helten Enterprises, LLC. The buyer, 4250 Broadway, LLC was drawn to the buildings prime RiNo location within 1/2 mile of full …

READ MORE →
BrokerageRetail

Grocery-anchored Retail Center in Fort Collins Sells for $23.75M

University Center, a two-tenant, grocery-anchored retail center located at 2201 South College Avenue in Fort Collins, has sold for $23.75 million. CBRE’s Brad Lyons, Mike Winn and Tim Richey represented the seller, Los Angeles-based CIM Group. The buyer, a confidential entity, purchased the property in a sale that closed Sept. 24. “University Center is one …

READ MORE →
BrokerageMultifamily

Investors Look to Smaller Markets for High Yield Spreads

Eagle’s Nest Apartments, a 30-unit apartment property located at 1041 W. 24th St. in Rifle, CO, has sold for $1,650,000, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Greg Price and Jason Hornik, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing …

READ MORE →