Development Along the A Line: “Corridor of Opportunity”
Denver, CO – With the opening of the A Line this past Friday, April 22nd, CBRE Research notes a “Corridor of Opportunity” for catalytic residential and commercial real estate development. Despite millions of dollars of recent development, the Corridor’s built environment will continue to transform in the coming years. RTD …
Westminster Multi-Family Complex Trades Hands for $8.4M
Westminster, CO – Marcus & Millichap completed the sale of Edgewood Apartments, a 112-unit multi-family property located in Westminster, CO, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $8,400,000. Greg Price, Clayton Primm and JD Lemon, apartment specialists in Marcus & Millichap’s …
100% Occupied Office Building in Denver Sells for $1.2M by NavPoint
Denver, CO – NavPoint Real Estate Group facilitated the sale of a 100% occupied, 12,583 SF office building at 5800 E Evans Avenue in Denver. The seller was Cornerstone 5800, LLC. The buyer was Rajiv Bansal and Sirisha Dinavahi. Matt Call, John Witt, and Matt Kulbe of NavPoint Real Estate …
Weekly Transaction Round-Up
Send us your weekly transactions. Office 14190 East Evans, LLC purchases 5,697 SF office for $443,500 from BALBOA6, LLC at 14190 E Evans Ave, Aurora. NGKF Bruce Mawhinney represented the seller. Elevate Commercial Real Estate, LLC was the outside agent. Automotive Rentals, Inc. leases 2,618 SF office space from Legacy Partners II Denver Stanford Place III, LLC …
Medical Office Building Sold $4.6M Littleton
Littleton, CO – Marcus & Millichap announced the sale of a 30,447-square foot Class B medical office building located in Littleton, Colo., according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $4,607,843. Brian C. Smith, CCIM, an associate director of the Healthcare Real Estate …
Denver #3 City Nationwide to Move to for Millennials
Denver, CO – According to the 2016 Mayflower Movers Insight Study, Denver ranks #3 out of the top 10 cities for millennials to move. Dallas and Chicago came in at #1 and #2 respectively. The study is based on moves completed by Mayflower between January and December 2015. In a statement …
11,250 SF Industrial Building Sold Arvada
Arvada, CO – NavPoint Real Estate Group announced the sale of an 11,250 SF industrial building at 5355 W 59th Ave in Arvada. The seller was R&M, LLC and the buyer was SCSG, LLC. Heather Taylor of NavPoint Real Estate Group handled this transaction that successfully closed in March 2016. The …
DPC Development Company Taps JLL to Market Denver Tech Center Commercial Properties
Denver, CO – JLL recently announced that the company has been hired to lease office space in Denver Corporate Center II and III in the Denver Technology Center. The properties, located at 7800-7900 E. Union Ave. were recently acquired by DPC Development Company, a privately held, commercial real estate firm specializing …
Event Round-Up: Disruptive Innovation & Corporate Real Estate: How Should CRE Respond?
“We’re all in the business of change.” Vik Bangia, Verum Consulting By: Julie Wanzer, LEED AP Denver, CO – CoreNet Global Colorado Chapter hosted a lunch-time presentation today entitled “Disruptive Innovation & Corporate Real Estate: How Should CRE Respond?” at Workplace Resource. Vik Bangia, Managing Principal at Verum Consulting, LLC, …
47-Unit Apartment Building Sold in Denver
Denver, CO – Marcus & Millichap, today announced the sale of Glory Apartments, a 47-unit apartment property located in Denver, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $3,200,000. Glory Apartments consists of six studio units, 33 one-bed, one-bath units, and eight …