Brokerage

Savills Studley Rebranding as Savills

Savills Studley, Inc., announced today that it has rebranded as Savills Inc., effective immediately. This change aligns the U.S. arm of the business with the global platform of Savills plc (SVS.L). The firm has also changed its email and web addresses to reflect the new title (www.savills.us). “The transition builds …

READ MORE →
BrokerageMultifamily

Louisville Apartments Sell for $67M

North Main Apartments at Steel Ranch, located at 1724 Steel Street in Louisville, has sold for $67 million. Dan Woodward, David Potarf and Matthew Barnett with CBRE represented the seller, Steel Ranch Apartments LLC of Golden, CO. The property was purchased by a confidential entity in a sale that closed March 13, 2019. …

READ MORE →
AwardsBrokerage

Denver Brokers Receive Prestigious 2018 CoStar Power Broker Awards

CoStar Group — the data/analytics leader of the $1.7 trillion commercial real estate industry — recently announced its 2018 Power Broker Award recipients, recognizing professionals who closed the highest transaction volume in commercial property sales and leads in their respective markets. In Denver, 20 firms and 40 brokers have been recognized as the most active local dealmakers with …

READ MORE →
BrokerageOfficeRetail

Prominent Office and Retail Building in Golden Sells for $15.9M

GOLDEN — Clear Creek Square, a mixed-use office and retail building located at 600-650 12th Street in downtown Golden, has sold for $15.9 million. Campbell Davis, James Brady and Blake Harris with CBRE represented the seller, Karlin Golden, LLC of Los Angeles. The Colorado State Land Board, an agency that leases trust lands …

READ MORE →
BrokerageHospitalityInvestment

Rockbridge Acquires Halcyon Hotel, Cherry Creek

DENVER – Ohio-based Investor Rockbridge, has acquired the Halcyon hotel in Cherry Creek, from owner Sage Hospitality. The 154-room luxury hotel, located at 245 Columbine Street, is Rockbridge’s most recent lifestyle property. Makeready, who specializes in independent hotels and restaurants, will manage the hotel, restaurants and bars. Halcyon’s independent personality is deeply connected …

READ MORE →
BrokerageIndustrial

Robinson Dairy Offers a Clean Slate

DENVER – Robinson Dairy, located at the northwest corner of 6th Avenue and I-25, is one of the most iconic and recognizable properties in Denver. The property is owned by Central Development and currently leased to Dean Foods through Aug. 15, 2019, at which time it will become available for lease or …

READ MORE →
BrokerageHealthcareReports

Denver a Top Emerging Life Sciences Hub

DENVER – The U.S. life sciences industry and the real estate that it occupies have ridden a wave of momentum into this year that has positioned Denver as a top five emerging market, according to a new report from CBRE. Numerous indicators point to robust expansion for the industry, including the 86 …

READ MORE →
BrokerageMultifamily

Multifamily Asset in Colorado Springs Sets New Per-Unit Record

COLORADO SPRINGS — Overlook at Interquest, a 2018-constructed, 264-unit asset in Colorado Springs, has sold for $66.5 million. As the first pre-stabilized multifamily asset sold in recent Colorado Springs history – with 80 percent occupancy at the time of sale – the transaction represents the market’s demand for new product and demonstrates a boost …

READ MORE →
BrokerageOffice

Denver FBI HQ Sells for $73M

DENVER – The FBI’s Denver headquarters for Colorado and Wyoming is under new ownership. USAA Realty purchased the building for $73 million from London-based independent investment advisory firm 90 North Real Estate Partners, according to public records. JLL brokered the sale. The four-story, 144,143-square-foot Denver office building, located at 8000 E. 36th Ave. in Stapleton, is LEED-certified and …

READ MORE →
BrokerageOffice

San Francisco Firm Acquires Three-Building Boulder Office Portfolio

BOULDER — Graham Street Realty (GSR), a San Francisco-based commercial real estate firm, has acquired a three-building Boulder office portfolio with properties located at 3005 Center Green Drive, 2945 Wilderness Place, and 5665 Flatiron Parkway. The portfolio, or “The Boulder Collection,” was purchased from SteelWave, with the buildings totaling to 114,862 square …

READ MORE →