BrokerageMultifamily

Brinkman Purchase Multifamily Property in Grand Junction for $10M

Corner Square, a multifamily property in Grand Junction, has sold to Colorado-based Brinkman Real Estate for $10 million, which reflects a per-unit price of $208,333. Senior Directors Nick Steele and John Laratta, Director Tyler King, and Associate Director Nate Moyer of Berkadia Denver led the transaction on behalf of the seller, Colorado-based Western Constructors. The …

READ MORE →
BrokerageIndustrial

New Last-Mile Logistics Facility in Englewood Trades

BlueScope Properties Group has sold its new, 136,915-square-foot logistics center in a last-mile location at 14353 E. Otero Ave. in Englewood. Terms of the off-market sale were not released. Managing Directors Larry Thiel and Sean Devaney with JLL Capital Markets and Managing Director Carmon Hicks with the JLL Industrial Leasing …

READ MORE →
BrokerageInvestmentOffice

Unico Properties Acquires Two Office Properties in LoDo

Seattle-based private real estate investor and operator Unico Properties has purchased two office buildings, located in Denver’s LoDo submarket, for $85.5 million. ASB Real Estate Investments (ASB) completed the disposition on behalf of its Allegiance Real Estate Fund, a $7.4 billion core investment vehicle. “The sale is part of ASB’s portfolio strategy …

READ MORE →
BrokerageIndustrial

CBRE Negotiates Largest Speculative Lease in Denver Since Q1 2020

Texas-based Alan Ritchey, Inc. (ARI), a multi-industry company that provides services to the government, industrial, agriculture, energy and transportation sectors, has signed a 594,138-square-foot industrial lease at Stafford Logistics Center in Aurora. ARI will occupy Building 1, a newly-constructed speculative industrial building, in October 2021. This transaction marks the largest lease at …

READ MORE →
BrokerageMultifamily

Apartment Property Overlooking Denver Botanic Gardens Sells for $90.5M

According to a NorthMarq press release, Griffis Residential has purchased The Amaranth, 156-unit Class A multifamily property located at 2190 E. 11th Avenue in Denver, for $90.53 million. Dave Martin, managing director, and Brian Mooney, vice president, of NorthMarq’s Denver investment sales team, listed and completed the sale, a high-water mark for …

READ MORE →
BrokerageMultifamilyRenovation

Apartment Community in Littleton Sells for $134M

Global real estate investment company Kennedy Wilson has acquired Griffis Marston Lake, a wholly owned 332-unit suburban apartment community located at 4601 S Balsam Way, Littleton, for $134 million. Kennedy Wilson invested $62 million of equity and secured a 10-year, $76 million loan at a fixed-rate of 2.7 percent. “Griffis …

READ MORE →
BrokerageOffice

LEED Platinum Office Property in Broomfield Sells for $59M

Invesco Real Estate, one of the world’s largest real estate managers, has sold its property 105 Edgeview, a 186,231-square-foot, Class A office asset in the Interlocken Advanced Technology Environment in Broomfield, for $59.1 million. Newmark Vice Chairman John Jugl and Director John Gustafson represented Invesco Real Estate in the transaction to an undisclosed buyer. …

READ MORE →
BrokerageIndustrialInvestment

IG Logistics Buys 29,800 sq. ft. Last Mile Warehouse in Denver for $3.2M

Following last month’s purchase of Lipan Street Industrial Park site for $21 million, New York-based IG Logistics has made its second acquisition in Denver, acquiring a last-mile warehouse facility at 5105 Cook Street. The site was purchased for $3.2 million in an off-market deal. The nearly 29,800-square-foot facility spans three acres and …

READ MORE →
BrokerageDevelopmentMultifamily

New-Build 60-Unit Apartment Building Sells for $17.5M

Berkadia Denver and Berkadia Seattle have announced the $17.5 million opportunity zone sale and over $13 million in financing secured for Mile High Place, a 60-unit midrise multifamily property located at 1586 Hooker Street in Denver. Built by Highland Builders, Mile High Place is a new-build development located in Denver’s burgeoning …

READ MORE →
BrokerageDevelopmentOfficeTechnology

Google Acquires Office Space at Rēve Development in Boulder

Furthering its commitment to growing and investing in the Boulder community, Google has purchased the office space at the Rêve development at 30th and Pearl Street. The office space will serve as an extension of Google’s Pearl Place Campus, which is located across the street. “With the acquisition of this …

READ MORE →