Environs Residential Rental Community in Westminster Sells for $82M
DENVER – Environs residential rental community located at 3323 West 96th Circle in Westminster, has sold for $82 million. Dan Woodward, David Potarf and Matthew Barnett with CBRE represented the seller, Seagate Associates, LLC, of San Rafael, California. The buyer, San Francisco’s Hamilton Zanze, purchased the property in a sale that closed …
CirclePoint Corporate Center in Westminster Sells for $59.75M
DENVER — CirclePoint Corporate Center at 11030 & 11080 Circle Point Road in Westminster has sold for $59.75 million. Located along the Denver-Boulder US 36 Corridor, CirclePoint Corporate Center is a trophy office campus comprising two contemporary, Class A buildings totaling 275,599 square feet. It was sold to City Office REIT (NYSE: CIO) …
Atlas Real Estate Group Named Top Company in Real Estate
DENVER — Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, has been named the Top Company in the real estate category for 2018 awards by ColoradoBiz Magazine. Atlas Real Estate Group was also named Best of Colorado Property Management for the second …
Demand for Data Centers in Denver Remains Strong
DENVER – CBRE’s latest U.S. Data Center Trends Report indicates that Denver’s data center industry is growing. Nearly 12 MW of capacity was under development in Denver at the end of Q1, representing a 12.5 percent increase in total data center inventory. While the supply pipeline is robust, industry experts say demand is …
Mission Rock Residential Assumes Management of Westminster Rental Community
DENVER— Colorado company Mission Rock Residential, LLC has assumed management of a unique rental community in the town of Westminster. The company has been issued an agreement for the property management of Environs Residential Rental Community, on behalf of Hamilton Zanze Real Estate Investments. Westminster has experienced strong population growth in recent years. Denver’s …
Skyhouse Denver Sells for $138.4M
Skyhouse Denver, a 25-story luxury apartment building in downtown has sold for $138.4 million, according to Denver County Public records. The 354- unit project includes a swimming pool, fireplace, outdoor kitchen and 360-degree views of the city. Studio apartments start at $1,574, one-bedrooms at $1,772 and two-bedrooms at $2,627. The building …
CRE Brokers Not Threatened by Coworking Trend, Poll Says
DENVER – Commercial real estate brokers generally are not threatened by WeWork and the overall coworking trend, according to the latest Apto National Broker Buzz Poll, which was conducted the week of August 20. The poll asked specifically: “How much of a threat is WeWork to the #CRE brokerage business?” In …
National Real Estate Recruiting Firm Opens Denver Office
DENVER – RETS Associates (RETS), a leading national real estate recruiting firm serving the Denver area since 2011, recently opened a new office in downtown Denver at 1550 Wewatta Street. The new location positions RETS at the epicenter of the seventh most attractive market in the Western Hemisphere for real estate investment, according to …
CBRE Survey Finds Industrial and Logistics Sector Remains ‘Blisteringly Hot’
DENVER — CBRE’s H1 2018 North America Cap Rate Survey — which provides insights on movements for the major property asset classes — shows that cap rates remained broadly unchanged across the sectors in H1 2018, except for some retail segments. Industrial cap rates tightened the most and multifamily rates edged down modestly. …
Amazon Expanding Boulder Presence
BOULDER — This Fall, Amazon will expand into a three-story, 37,000-square-foot office building in downtown Boulder at 1900 15th St., to accommodate the company’s advertising business and rapid growth. “With Boulder’s technical talent and culture of innovation, Amazon is pleased to be bringing additional jobs to the city as its presence in …