NGKF Capital Markets Represents Seller in $78.5-Million Portfolio Sale
Denver, CO —NGKF Capital Markets is pleased to announce the $78.5-million sale of 345 Inverness Drive South and Arapahoe Business Park by Hines REIT. The sale, comprising ten buildings total, is the largest office/flex-only portfolio sale in Colorado in the past decade. With a combined total of 484,737 rentable square …
Multi-family units in Lakewood and Colorado Springs sold by Pinnacle
Lakewood, CO – Josh Newell, Senior Advisor and Connor Knutson, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC, announce the sale of 183-193 South Ingalls Street in Lakewood, Colorado. The 8-unit property sold on June 6th with a contract price of $880,000; $110,000 per unit and $138.63 …
Denver’s Dairy Block Development ‘Blends New with the Old’
by Julie Wanzer, LEED AP Denver, CO – The project development team for Denver’s Dairy Block project, consisting of McWhinney, Sage Hospitality and Grand American, Inc., recently released a video to tell the Dairy Block story recounting the project’s history and the overall vision for the revitalized LoDo space. Mark …
Sonic Automotive Inc. to Expand EchoPark Car Dealership
Denver, CO – CBRE Group, Inc., recently announced it has been appointed by Sonic Automotive, a Fortune 300 company and one of the largest retailers of new and pre-owned vehicles in the United States, to aid in the strategic purchase of multiple properties nationwide under the “EchoPark Automotive” banner. These …
Romano’s Macaroni Grill to Relocate Home Office to Denver
Denver, CO – Romano’s Macaroni Grill announced today that its Home Office/Restaurant Support Center will be relocating from Houston to Denver. The move will be completed in April 2017. In March 2015, the nation’s leading Italian restaurant chain was purchased by private investors, Redrock Partners, LLC. Redrock is owned by …
Inova I Selected for Comcast Corporation’s Centennial Campus
Denver, CO – Newmark Grubb Knight Frank (NGKF), United Properties and Principal Real Estate Investors announce INOVA I at INOVA Dry Creek, a five-story, 212,000 SF office building located at 7250 South Havana Street has leased to Comcast Corporation. Construction began in September on the first speculative building of its type …
CBRE Group, Inc. Rises to #259 in the FORTUNE 500
Denver, CO – CBRE Group, Inc. has been ranked at #259 on FORTUNE’s 2016 list of the largest U.S.-based companies. CBRE has been included in the FORTUNE 500 every year since 2008. CBRE rose sharply on the FORTUNE 500 list, improving from #321 in 2015. “CBRE’s steady rise in the …
Warehouse & Distribution Users Drive Industrial Leasing
Denver, CO – CBRE Colorado Research Team recently released their latest MarketFlash and reports that warehouse and distribution space accounted for 84% of all industrial leasing activity in Denver. CBRE Research reports the following: “Nearly 12.0 million square feet of industrial space was leased in the Denver area over the past …
Several Multifamily Properties Exchange Hands from Arvada to Denver
Pinnacle Real Estate Advisors announce the sale of several multifamily properties from Arvada to Denver. 428 S Sherman Street in Denver, Colorado. This 9-unit property sold on May 19th with a contract price of $1,135,000; $126,111 per unit and $310.62 per square foot. The vintage property, built in 1905, was …
Stanford Place I in DTC Sold $43M
View here Accesso Partners LLC purchases Stanford Place I, located at 8055 East Tufts Ave in the Denver Tech Center, for $43 million. This is the second Class A office property the Florida-based firm has purchased in the area. Photo credit: By Xnatedawgx (Own work) [CC BY-SA 3.0] via Wikimedia Commons