BrokerageDevelopmentRetail

Play Street Museum to Open Norwood Shopping Center in Colorado Springs

CBRE announced that Play Street Museum will make its Colorado debut at the Nor’wood Shopping Center, located at 7075 Austin Bluffs Parkway. The children’s museum is leasing 3,039 square feet at the Safeway-anchored retail center with plans to open its doors in the second quarter of 2019. Whitney Johnson with …

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AwardsBrokerageDevelopment

NAIOP 2018 Awards of Achievement

DENVER — Mardis Gras was this years theme for the 2018 NAIOP Awards of Achievement, held on February 20, in celebration of the Denver commercial real estate community’s “work hard, play harder” motto. Chief Development Officer and Co-Founder of Confluent Development Celeste Tanner, hosted the event, who was born and raised in …

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BrokerageIndustrialMultifamilyOfficeReportsRetail

Continued Cap Rate Stability Expected in H1 2019, Predicts CBRE

DENVER – Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest research from CBRE. The CBRE North America Cap Rate Survey provides insights on movements for the major property asset classes. …

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BrokerageOffice

Northstar Commercial Partners Sells Denver Office Building

DENVER — Northfield Business Center office building in Denver’s Stapleton sold for $4.33 million on February 20, 2019. The property owned and developed by Northstar Commercial Partners, was originally bought as a strategic value-add play in 2015. The building, located at 12000 East 47th Ave., was approximately 29.6 percent leased upon acquisition, and after improving the …

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BrokerageIndustrial

BKM Capital Partners Acquires Industrial Property in Denver for $24.3M

DENVER – Newport Beach firm BKM Capital Partners has acquired its second Denver property; Valley Business Center, a 203,231-square-foot, five-building multi-tenant light industrial property located at 700 West Mississippi Avenue. The institutional fund manager purchased the property for $24.3 million. BKM Capital Partners acquired Valley Business Center from Mountain West Industrial Properties. …

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BrokerageHospitalityInvestment

Tavern Downtown and Nearby Parking Lot Sell for $17.75M

View here San Francisco-based Fillmore Capital Partners, a private investment company with principal focus on healthcare, lodging, affordable housing and other specialized real estate investments, has purchased two buildings and a parking lot next to Coors Field for $17.75 million. The purchased parcels are: 1937 Market St, 1949 Market St., …

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BrokerageIndustrial

Berkeley Partners Acquires 41-Building Industrial Portfolio for $124.3M

DENVER – Berkeley Partners has acquired a 19-property, 41-building industrial portfolio totaling 1.95 million square feet in Denver, Boulder and Colorado Springs, for $124.3 million. The HFF team worked on behalf of Berkeley Partners, to place the 10-year, fixed-rate acquisition loan with Nuveen Real Estate. Situated on a total of 126.31 acres, the portfolio comprises 14 industrial …

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BrokerageDevelopmentHospitality

In-N-Out Burger Closes on Land at Westside’s Victory Ridge Project in CO Springs

COLORADO SPRINGS — Westside Investment Partners, Inc. recently announced that In-N-Out Burger has closed on two parcels of land located at the Victory Ridge mixed-use development in Colorado Springs. The purchase marks the iconic California-based hamburger chain’s first land acquisition in Colorado. CBRE’s Patrick Kerscher, Whitney Johnson and Jon Weisiger represented Westside in …

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BrokerageDevelopmentOffice

930 15th Street Building Sells for $22.5M, Renovations Planned

DENVER — 930 15th Street, a 12-story, 223,000-square-foot tech building in the heart of Denver’s theater district has sold for $22.5, according to public records. SteelWave, a full-service real estate management, operating company and investment management firm, and Rialto Capital Management, an investment and asset management company, reportedly acquired the …

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AwardsBrokerageHealthcare

CBRE Named a Key Influencer in Healthcare Real Estate

DENVER – CBRE has been named a Key Influencer in Healthcare Real Estate by GlobeSt.com and its print publication, Real Estate Forum. The award recognizes the individuals and groups who stand at the top of their field in advancing the growing sector of healthcare commercial real estate. Both CBRE Healthcare Capital Markets and CBRE Healthcare …

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