BrokerageRetail

In-demand Retail Property in Lafayette Sells for $4.5M

Summit Marketplace, a 14,339-square-foot retail property located at 385 Crossing Drive in Lafayette, has sold for $4,500,000. Cory Gross and Jake Shirek, investment specialists in Marcus & Millichap‘s Denver office, had the exclusive listing to market the property on behalf of the seller: Harvey Sender, receiver for Gary Dragul Receivership Estate. …

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BrokerageCharityEvents

Avison Young to Hold Sixth Annual Global Day of Giving

Avison Young, the world’s fastest-growing commercial real estate services firm, will hold its sixth annual global Day of Giving this Thursday, October 24. Each Avison Young office is completing a community project on behalf of a local charity. The Denver-office will host its event at 8:50 a.m. to 4 p.m. at Habitat for Humanity, …

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BrokerageIndustrial

Demand for Infill, Small Bay Industrial Buildings Outpaces that for Larger Warehouses

According to CBRE, Monaco I-70 Industrial Park, a four-building property totaling 183,319 square feet, at the intersection of East Smith Road and Monaco Parkway in Denver, in a Colorado Enterprise Zone and Opportunity Zone, has sold for an undisclosed amount. CBRE’s Jim Bolt, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented the seller, a …

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BrokerageMultifamily

Sale of Micro-apartment Community in Sloans Lake Marks Growing Trend

Sloan’s Place, a newly-constructed, 24-unit micro-apartment community located at 1540 Sheridan Boulevard in Sloan’s Lake, has sold for $5.275 million.. CBRE’s Robert Bratley represented the seller, Denver-based Highland Builders. The buyer, Helios Properties LLC, also of Denver, purchased the property in a sale that closed Oct. 10. Craig Branton with CBRE Capital Markets, …

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BrokerageDevelopmentRetail

10 New Businesses Join Candelas Multi-use Development in Arvada

From beer to banking and dental to daycare, 10 businesses have recently opened or committed to opening locations at Candelas, a 1,500-acre multi-use development in Arvada, which is a partnership of Church Ranch Companies of Arvada and Candelas Point, LLC. The 10 new businesses are:  Resolute Brewing Company, which opened this …

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BrokerageDevelopmentHealthcareOffice

Broe Real Estate Group to Convert Littleton Office Building into MOB

Denver-based Broe Real Estate Group has acquired a 41,030-square-foot office building located on 4.66 acres at 1501 W. Mineral in Littleton. Broe plans to convert the building into medical office and is actively pursuing medical tenants for the property. Jeff Wood and Monica Wiley from CBRE represented the seller, WorldVenture, a Christian missionary organization, …

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BrokerageIndustrialOffice

Two New Tenants Sign Large Industrial Leases at Eastpark 70 Industrial Park in Aurora

Two new companies have signed large industrial leases in the recently completed Building 2 and Building 3 at Eastpark 70 Industrial Park in Aurora. Stephen Gould Corporation and a confidential e-commerce retailer are joining the Class A industrial park located just southeast of the intersection of I-70 and Tower Road. CBRE’s Todd Witty …

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BrokerageMultifamilyRenovation

Fourplex Multifamily Property Provides Entry Point for Investor

1101 North Emerson, a 4-unit apartment property located at 1101 N. Emerson Street in Denver, according to Skyler G. Cooper, regional manager of the firm’s Denver office. The asset sold for $1,242,500 to an undisclosed buyer. Boomer Beatty and Peter Standley, investment specialists in Marcus & Millichap’s Denver office, had …

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BrokerageOffice

Platteville Office Building Leased to Occidental Petroleum Corp. Sells for $32.5M

Platteville Energy Partners has sold its 114,524-square foot, two-story office building located at 501 N. Division Boulevard in Platteville to an undisclosed buyer for $32.5 million, or $282 per square foot. The two-story office building is 100 percent leased to Occidental Petroleum Corporation (formerly Anadarko Petroleum Corporation) as a mission critical operations center in …

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Brokerage

Out-of-State Investor Acquires LoHi Townhomes

Lumen Homes of Denver has sold its Navajo Townhomes development, located at 3295 Navajo Street in Denver’s Lower Highland neighborhood, to a an out-of-state investor for $2,513,686. Robert Bratley with CBRE Capital Markets in Denver represented the buyer who purchased the four units in a bulk acquisition that closed Sept. 30. “There are a lot of …

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