Greeley Apartment Building Trades for First Time in 90 Years
Boulder-based Warm Springs Holdings has acquired Bonell, a 350-unit apartment property located in Greeley, according to Boomer Beatty and Matthew Beverly, investment specialists with Marcus & Millichap’s Denver office. The duo represented Warm Springs Holdings and the seller, Good Samaritan, in the sale. A price was not disclosed. “This is the first …
Market Station Refinanced for $130M
Market Station, a newly built, Class A mixed-use project totaling 339,494 square feet in Denver’s LoDo, has been refinanced for $130 million, according to JLL. The borrower, a joint venture between Continuum Partners, LLC and Clarion Partners, LLC, to secure the 12-year, fixed-rate loan through a life company correspondent lender. …
Two-Tenant Medical Property in Colorado Springs Sells for $10.6M
SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $10.6 million sale of a fully occupied, two-tenant medical retail property located at 1910 Lelaray Street in Colorado Springs. Built in 2009 and situated on 2.14 acres, the 19,187-square-foot property is fully occupied by Liberty …
The Pines at Broadmoor Bluffs in Colorado Springs Sells to California-Based Investment Firm
Benedict Canyon Equities, a California multifamily real estate investment company, recently purchased Pines at Broadmoor Bluffs, a townhome-style rental community in Colorado Springs, for $49 million, according to property records. Built in 1987, The Pines at Broadmoor Bluffs has 108 apartment homes across 26 buildings. The community has one garage …
JAGreen Development to Build 2MSF Industrial Park Near DIA
Denver-based JAGreen Development LLC (JAG), the owner/developer of the recent JAG Logistics Center @ DEN, in partnership with an affiliate of Raith Capital Partners, has acquired 157 acres of land along the 56th Avenue corridor in Aurora for the development of AEROS Logistics Center (AEROS), a 2 million-square-foot Class A industrial …
Compark Business Campus Signs New Tech Tenant
AVI-SPL, a leading multi-office provider of collaboration and audio video technologies, has signed a 25,865-square-foot lease at 8560 Upland Drive, a Southeast Denver industrial building in the Compark Business Campus in Englewood, owned by joint venture Kenai Capital Advisors and CWCapital. According to Kenai, the lease is a testament to enduring …
Highly Visible Industrial Building in Denver Sells to Industrial Outdoor Ventures
A 36,789-square-foot industrial building located at 4343 Holly Street in Denver, has sold to Industrial Outdoor Ventures (IOV) for $6.5 million. This unique, well-maintained, and highly visible industrial building sits on 3.6 acres directly next to the newly completed Interstate 70 project in the Park Hill area. IOV has plans to hold …
Tepuy Properties Purchases USA Triathlon Building in Colorado Springs
On Friday, April 29, Tepuy Properties closed on a 38,638-square-foot, 3-story office building at 5825 Delmonico Drive, the company’s first property purchased in the Colorado Springs area. “We are excited to diversify our portfolio a bit and find new opportunities outside of our current geographical footprint,” said Brandi Prochazka, Tepuy’s property manager. The …
Office Building in Golden Sells for $20.9M
6th Avenue West, a multi-tenant office building in Golden, has sold for $20.9 million to Denver-based Centre Point Properties, LLC. Located at 350 Indiana Street, 6th Avenue West is an in-fill, Class A, eight-story office building totaling approximately 125,000 rentable square feet with covered parking. The building was 75 percent …
Tepuy Properties Acquires Boulder Office Building, Plans Full Renovation
Tepuy Properties, a Boulder-based real estate syndicator and property management company, has purchased 7,094-square-foot, multi-suite office space at 3050 Broadway Street for $2.6 million, from Attache International Marketing, Inc. Built in 1981, the property sits in a prime, central location — just one mile north of Pearl Street in the heart of historic downtown Boulder. …