BrokerageIndustrialOffice

Food Production Facility in Denver Signs 3 New Tenants

Cushman & Wakefield has signed three new tenants at 400 W. 48th Avenue, a food production, commercial test kitchen and flex Space facility in Denver’s Globeville neighborhood. Vessel CO Operations, LLC leased 5,184 square feet of food production space, J.C. Bromac Corporation leased 10,234 square feet of commercial test kitchen space, …

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BrokerageInvestmentMultifamily

Trion Properties Acquires Two Multifamily Properties in Colorado Springs

Trion Properties, a private equity real estate firm based in West Hollywood, California, and equity partner, PCCP, LLC, an investment manager, have acquired a two-property portfolio located in Colorado Springs, for a combined total of $80 million. The properties, Quail Cove and Highland Park, total 406 units and represent an …

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BrokerageReports

Denver a Rising Star City, says JLL

According to JLL, the pandemic has accelerated migration trends to a handful of rising star cities and as a result, investors are following suit. Growth markets, including Denver, have witnessed 10-year population growth between 10-30 percent, outpacing the 2010-2020 U.S. population growth of 7.1 percent. While Gateway cities will always will be attractive from both a …

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BrokerageMultifamilyStudent Housing

Berkadia Completes the Sales of Two Apartment Communities

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, recently announced the sale of two Colorado properties; a multifamily property in Englewood and a student housing property in Colorado Springs. Iron Works Village, a garden-style multifamily property, located at 519 W Amherst Avenue, Englewood, sold for $14.6 million. Iron Works Village …

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BrokerageConstructionDevelopmentInvestmentOfficeReports

Avison Young Release Q1 Denver Office Market Report

Avison Young’s Denver office has released its first quarter 2021 office market report. Office sales volume reached an impressive $306.4 million in the Mile High City, up 47 percent from 4Q 2020. Market highlights: Office leasing activity totaled 993,039 square feet in 1Q 2021, representing a 13 percent decline quarter-over-quarter (Q/Q) …

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BrokerageIndustrialOffice

Tepuy Properties Sells Golden Property for $6M

Tepuy Properties, a Boulder-based real estate syndicator and property management company, has sold its 26,208-square-foot building at 1150 Catamount Drive to Golden-based Kodiak Real Estate Group for $6.15 million. Tepuy purchased the office and light manufacturing facility in 2015 for $5 million. Located two miles northwest of downtown Golden, the building boasts quality laboratory …

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BrokerageMultifamilyProperty Management

Hamilton Zane Acquires Fort Collins Apartment Community

San Francisco-based real estate firm Hamilton Zanze (HZ) has made its second acquisition in the Fort Collins market with the purchase of The Wyatt, a newly-built 368-unit apartment community. Built in 2019,  the community was 89.1 percent occupied at purchase. The community is located at 4701 Strauss Cabin Road in the desirable Fort …

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BrokerageRetail

Convenience Store/Gas Station in Littleton Sells for $7.3M

A gas station located at 11505 W Belleview Ave. in Littleton, with a Kum & Go convenience store on the premises, has sold to a Southern California-based buyer for $7.3 million. Ian Schroeder and Melissa Ley at CBRE’s Newport Beach office represented the private investor in the triple-net-lease acquisition. “Kum & …

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BrokerageIndustrialOffice

Small Industrial Property Sells in Littleton

Avison Young recently completed the sale of 1695 W. Sheri Lane, a 7,792-square-foot office/warehouse building located at 1695 W Sheri Lane in Littleton. Vice President Jaimee Keene, who is based out of Avison Young’s Denver office, represented the seller/user, Varela Lane, LLC, an entity of Sara Gabriel, a company specializing …

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BrokerageOfficeRetail

CRE Appraisal and Consulting Company Signs Lease at Lowry Town Center

Clayton and Company, Inc., a Denver commercial real estate appraisal and consulting company, has leased 1,381 square feet at 200 Quebec Street, Bldg. 600, in Lowry Town Center in Denver. Lowry Town Center is anchored by Safeway along with an exciting mix of both local and national tenants. It is located just …

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