CBRE Announces 3 Industrial Leases at Mountain Gateway in Arvada
According to CBRE, three tenants have signed leases at Mountain Gateway, a Class A, 51,561 square-foot, two-building industrial development located at 5025 and 5045 Robb Street in Arvada. Built in 2020, Mountain Gateway is one of only a handful of new industrial developments to deliver in the historically tight West Denver …
Sares Regis Group Acquires Multifamily Property in Broomfield
Sares Regis Group has secured $139.88 million in first mortgage debt for the acquisition and repositioning of Terracina Apartments, a 386-unit multifamily property located at 13620 Via Varra Road in Broomfield. The five-year, floating rate loan was provided by Mesa West Capital, a leading commercial real estate debt fund manager and portfolio …
Rare 27-Acre Industrial Land Asset in Central Denver Sells for $19M
New York-based IG Logistics LLC and Meadow Partners, an institutional middle-market real estate investor, have acquired a ±26.7-acre industrial storage yard/trailer site in central Denver for $19 million. Located at 409 West 66th Avenue, the vacant property is zoned for outside storage and includes a 10,000-square-foot freestanding industrial building with …
Aurora Apartment Community in Prime Location Fetches $34.4M
The Fitz on 14th, a 176-unit multifamily property located in Aurora, has traded for $34.4 million, or $195,455 per unit, according to Marcus & Millichap (NYSE: MMI). “The Fitz on 14th’s premier location was a driving force behind a highly competitive sales process,” said Jason Hornik, first vice president of …
CBRE Releases Mid-Year Reports for Colorado Springs
CBRE has released its Mid-Year 2022 Reports for the Colorado Springs market. The retail market posted record-high sales volume through the first half of 2022, while industrial activity remained strong and office absorption was robust. Industrial Highlights Nearly 333,000 sq. ft. of positive net absorption was recorded in the first half of the …
Brinkman Real Estate Sells Denver Multifamily Community for $24.65M
Real estate investment company, Brinkman Real Estate, sold Denver multifamily community, Windom Peak Apartments, last week for $24.65 million, or $262,234 per unit. The company purchased the property in 2019 for $20.6 million. Windom Peak is a Class B/C workforce housing property located in Metro Denver built in 1964 with …
Retail Property Sales in Colorado Springs Up More Than 300% Y-O-Y
Two shopping centers in Colorado Springs have sold. Colorado Springs Ranch at 6010-6080 N Carefree Circle sold for $8.3 million, while Peterson Square at 6809 Space Village Avenue sold for $5.55 million in a separate transaction. According to CBRE research, in Colorado Springs retail property sales over $500,000 totaled $233.8 million for the first …
Corporate Housing Franchise Provider Appears on Inc. 5000 List
AvenueWest Global Franchise, a real estate partner for property investors and the corporate housing community, with an office in Lakewood, has been named one of the fastest-growing companies by Inc. magazine in 2022. AvenueWest ranked no. 1901 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s …
Madison Commercial Properties Announces Medical Office Lease
Madison Commercial Properties recently executed a lease at 500 Discovery Parkway in Superior. Youthbar Medspa signed a 5-year lease for Suite 175, consisting of 1,788 square feet of medical office space, for an undisclosed amount. Jessica Smith, senior CRE advisor with Madison Commercial Properties represented Youthbar Medspa in the transaction, while Kegan …
$23M Sale of 6.31-Acre Site in DTC Underscores Demand for Multifamily Product in Metro Denver
Denver-based commercial real estate firm EverWest Real Estate Investors has sold a 6.31-acre site in the heart of the Denver Tech Center submarket, for the planned development of a new Class A, mixed-use multifamily community. At $23 million, the sale underscores the ongoing demand for metro Denver multifamily product. The …
