125-Unit, Mixed-Use Denver Multifamily Trades for $40.25M
Denver, CO – Transwestern’s Denver Multifamily Investment Services Group today announces the sale of Highlands Park Apartments, located in the popular Lower Highland neighborhood commonly known as LoHi. Grand Peaks Properties, a Denver-based multifamily investment firm, acquired the 125-unit property for $40.25 million, $407 per square foot or $322,000 per unit. …
Colorado Premium Purchases Property Adjacent to Current Location
Denver, CO – Due to its rapid growth, Colorado Premium Foods, LLC. purchased a neighboring cooler freezing industrial building for $12.5 million. They acquired the 124,500 square foot property from Pinnacle Real Estate on July 6. Prior to the sale, Colorado Premium Foods, LLC signed for a ten year lease …
Transwestern Brokers Sale of Three Retail Properties Valued at $11 Million
Denver, CO – On Thursday, Transwestern’s Denver office announced the sale of three properties with a total value of $11.19 million. The transactions are as follows: Signature Cos. sold Southglenn Square in Centennial, Colo. to Alberta Development Partners. Constructed in 1984, the 58,304 square foot property has retained several historic tenants …
Aaron’s and Family Dollar on Sheridan Blvd. Sell for Over $2M
Denver, CO – On July 1, Pinnacle Real Estate Advisors, LLC. announced the sale of two net leased properties on Sheridan Blvd. in Denver for $2,046,154. The Aaron’s and Family Dollar that were purchased were built in 1999. Cody Stambaugh, Matt Ritter, Jeff Johnson and Peter Sengelmann with the Johnson Ritter …
Capital One Café to Become Newest Tenant of Denver’s Triangle Building
Denver, CO – Capital One Café is a new banking concept offering café-style service along with ambassadors to assist with banking needs and will open at The Triangle Building in Fall 2016. The announcement was made on July 5 by East West Partners and the co-master developers of the Union Station neighborhood. The Triangle …
CBRE Completes Sale of Westminster Center
Westminster, CO – CBRE Group, Inc., announced today the sale of the Westminster Center, a 120,132 square foot office campus in Westminster Colorado, was sold on June 3 by Geoff Baukol, Executive Vice President of CBRE Capital Markets. The two-building, fully leased space was purchased by Capri EGM, a Chicago-based real estate …
HFF secures $9.6M in financing for The Bindery on Blake in Denver’s RiNo District
Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured $9.6 million in financing for The Bindery on Blake, a two-building mixed-use project that co-mingles office, artistry, brewery, cidery and dining in the River North (RiNo) District of downtown Denver. HFF worked on behalf of the …
Retail Property Trades Hands in Denver Tech Center for $5.7M
Englewood, CO – Marcus & Millichap recently announced the sale of Eddie Merlot’s, a 11,097-square foot retail property located in Englewood, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $5,700,000. The buyer, an exchange buyer, was secured and represented by Bob Kaplan …
Several Multi-family Properties Sold in Aurora, Golden & Lakewood
Aurora, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1677 Geneva Street located in Aurora, Colorado. This multifamily property has 12 units and was built in 1964. The building is located on Geneva Street, north of Colfax Avenue and west of the Fitzsimons Medical …
Downtown Denver Development Map Highlights $4.4B in Total Investment Since 2011
Denver, CO – The Downtown Denver Partnership has released the 2016 Downtown Denver Development Map detailing projects that have been completed or are currently under construction since January 2011. Currently, $4.4 billion of total investment in development has been completed or is under construction in Downtown Denver, totaling 73 projects, 3.1 …