West + Main Homes Launches Retail Partnership with Conscious Living Shop
Boutique real estate concept West + Main Homes (WMH) has partnered with with locally owned eco-conscious home goods store, The Conscious Merchant. The first of its kind retail partnership came to fruition when COVID-related closures prevented The Conscious Merchant from opening their original space as planned. The brokerage firm, West + Main Homes has grown exponentially …
Shopping Center in Durango Sells for $13.35M
Durango Town Center, a 41,781-square-foot retail shopping center located at 1125, 1145, & 1185 S Camino Del Rio in Durango, has sold for $13,350,000. Ryan Bowlby and Drew Isaac, senior vice president and senior director at Marcus & Millichap, had the exclusive listing to market the property on behalf of …
Sophisticated LoHi Condominium Project Complete
Construction is now complete and homes are available for move-in at The Edge LoHi, Alpine Investments‘ chic neighborhood’s premiere upscale condominium project. Residents began moving in last month, and the sales team for the high-end new development, Slate Real Estate Advisors, has released the limited final inventory onto the market with pricing …
Sale of 7-Unit Capitol Hill Mansion Announced
Pinnacle Real Estate Advisors, LLC announced the sale of a 4,871 square foot, 7-unit converted Capitol Hill mansion for $1,350,000 located at 1218 Clarkson St in Denver, Colorado. Andrew Monette, Senior Advisor, represented the seller, Wash Clark Apartments, LLC in the transaction. “This investment has remained stable and withstood the recent …
114 Units Planned for Corner of South Clarkson St and Jefferson Ave
MIG Real Estate LLC (MIG), a national real estate investment company headquartered in Newport Beach, CA, has purchased a 1.04-acre development site, located at the corner of South Clarkson and Jefferson Avenue in Denver’s Englewood neighborhood, for $3.4 million. The site is the first acquisition for MIG’s new Qualified Opportunity Zone Business Fund which recently …
Englewood Apartment Sale Demonstrates Strong Market Fundamentals
The Nicole Apartments, a 20-unit apartment community located just blocks from the Swedish Medical Center in Englewood, has sold for $2,710,000, indicating strong market fundamentals as well as high investor interest in Denver submarkets. Matthew Beverly, Boomer Beatty and Peter Standley, all investment specialists in Marcus & Millichap’s Denver office, had the exclusive …
Three-Building Medical Plaza Sells in Colorado Springs
MBRE Healthcare, a full-service real estate company that acquires, develops, leases and manages healthcare real estate across the U.S., has closed on the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs. The sale price was not disclosed. Union Medical Office Plaza consists of 1625, …
Downtown Denver Office Market will Rebound from Energy Price Drop
The recent plunge in oil prices — the result of a price war and decreased demand for oil in the wake of the global coronavirus pandemic — is expected to have a negative impact on downtown Denver’s office market, but CBRE predicts that Denver’s diversity of office tenants and track record of recovering …
Denver’s Monroe Professional Building Sells For $3.8M
Monroe Professional Building, a 12,500-square-foot office building in Denver’s Congress Park neighborhood, has sold for $3,825,000. Located on the SWC of 12th Avenue and Monroe Street, Monroe Professional Building is within walking distance of a host of restaurants, shops, and two regional hospitals (National Jewish Health and Rose Medical Center). Kevin Calame and …
1.54 Acre Industrial Property Sells for $2.1M
ColoradoScapes, Inc., a landscape company specializing in the landscape maintenance of commercial complexes, including office and industrial buildings, has purchased a 1.54 acre property located at 4040 S Clay Street, Sheridan, for $2.1 million. The sale closed on June 12,2020 with David Marulli and Nick Nickerson of Trevey Commercial representing …