BrokerageColivingDevelopmentMultifamily

Coliving a Niche Asset Class on the Rise

As rent seems to continuously rise in Denver, people are beginning to seek out more affordable options that don’t skimp out on amenities. Coliving is one option that centers around a type of intentional community housing where multiple people share a single home with shared areas such as bathrooms, kitchens …

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BrokerageMultifamily

58-Unit Multifamily Complex in Carbondale Sells for $9.15M

Garfield Avenue Apartments, a three-story, 58-unit complex located at 900 Garfield Avenue in Carbondale, Colorado, has sold for $9,150,000 or $157,758 per unit. Tyler Stevens, director, and Steve Scrivener, senior associate, of Cushman & Wakefield Denver, represented the seller, MHP Funds, in the transaction. The buyer was Steve Elken of …

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BrokerageMultifamily

Portfolio of Colorado Apartment Communities Sells for a Record-Breaking $206M

LOVELAND — Three upscale multifamily properties located in Northern Colorado have sold for a gross sale price of $206.5 million. The portfolio consists of the Greens at Van de Water and Lake Vista at Centerra Apartments, both in Loveland, and Arbour Square at Orchard Town Center in Westminster. Inland Private …

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BrokerageIndustrial

Sought-After Industrial Center in Aurora Sells

AURORA – EastGroup Properties, a Mississippi-based real estate investment trust company, has acquired buildings 2, 4, 5 and 6 at the Airways Business Center, a Class A warehouse distribution center in Aurora. Together, the buildings offer 382,137 square feet of space and are currently 100 percent occupied by a mix of 11 tenants. …

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BrokerageOffice

HFF Arranges $220M Financing for 1144 15th Street

DENVER – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $220 million in financing for 1144 15th  Street, a 673,852-square-foot, trophy Class AA office building in downtown Denver. The HFF team worked on behalf of the borrower, Hines and their equity partner, to secure a 17-year, fixed-rate permanent …

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BrokerageInvestmentRetail

Greeley Retail Center Changes Hands

GREELEY — The 4,373-square-foot Pacific Dental & Topper’s Pizza Strip Center located at 4421 Centerplace Dr. in Greeley, has sold for $2,125,000 ($485 per square foot). Peter Peluso and Chris Wiedenmayer of Legend Investment Group (LIG), a division of Legend Partners, facilitated the sale of the 2-tenant retail strip center that was built …

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BrokerageInvestmentOffice

Denver Value-Add Office Property Sells for $5.8M

DENVER– Monaco Tower, a Class B value-add office building in the Glendale submarket of Denver, has sold for $5.8 million. Monica Wiley and Jeff Wood of CBRE’s Denver office represented the seller of the property, an entity managed by Stabilis Capital Management LP, in the transaction. Benjamin Borgers, a local CPA, purchased the …

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BrokerageRetail

$324M Sale-leaseback of 11 Cabela’s Stores, Largest CRE Sale by Digital Platform

B+E, the first brokerage and technology platform for net lease real estate, has brokered a sale-leaseback transaction for 11 Cabela’s locations for $324,335,000, representing more than 1.6 million square feet of space and additional 277 acres of land. The 11-property portfolio spans 1.6 million square feet of space on 227 acres …

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BrokerageIndustrialOffice

Newly Constructed Office/Warehouse Space in Windsor Changes Hands

A 6,060-square-foot newly constructed office/warehouse space located at 861 Automation Drive in the City of Windsor, has sold for $1,475,000, or $243 per square-foot.  The property is comprised of 2,775 square feet of office space, and 3,285-square-feet of warehouse space. Jason Ells, CCIM, senior director, of Cushman & Wakefield Fort Collins …

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BrokerageMultifamily

Littleton Apartments Fetch $10.9M

DENVER – Broadridge Apartments, a 54-unit apartment complex located at 6900 S. Bannock St in Littleton, has sold for $10.9 million ($201,851/unit). Jeff Johnson and Andrew Monette, at Pinnacle Real Estate Advisors, LLC, assisted both the buyer and seller parties in the transaction. “Since their acquisition of the property, the Sellers …

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