Englewood Apartment Building in Opportunity Zone Sells for $8.5M
The LIV Apartments, a 30-unit, five-story apartment building, located at 201 Englewood Parkway in an opportunity zone in downtown Englewood, have sold for $8.5 million. Robert Bratley with CBRE Capital Markets in Denver represented the seller, a private local group. Hardwick Partners, an investment group out of San Francisco, purchased the property in a …
Former Niwot Restaurant Affected by Fire Sells to Local Investor
Boutique, Colorado-based firm NavPoint Real Estate Group, recently completed the sale of 210 Franklin Street, a fire-damaged restaurant building located on a large corner lot in downtown Niwot, CO. Matt Call and Jason Mayer of NavPoint Real Estate Group represented the seller in the transaction, Table 210, LLC. The purchaser was a local …
Two-phased Phenix at Infinity Park Receives $22.86M Funding
JLL has arranged $22.86 million in financing for Phenix at Infinity Park I and II, two adjacent multi-housing properties totaling 185 units in the Denver suburb of Glendale. Working on behalf of Glendale-based Slipstream Properties, JLL arranged two 10-year, interest-only, fixed-rate loans through Freddie Mac’s Green Advantage program. The loans …
Sale of Prominent Office Building in Golden Sets New Record
Golden Center, a 11,706-square-foot office property located at 1111 Washington Ave. in Golden, has sold for $2,990,000, setting a record for per-foot pricing for office sales in Golden. Brandon Kramer and Jacob F. Rocker, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the …
Carpathia Goes Under Contract on The Offices at Victory Ridge
Tulsa-based Carpathia and Colorado Springs-based Mission Hill Capital have gone under contract to purchase the high-profile office property located at the intersection of Voyager Parkway and Interquest Parkway in northern Colorado Springs’ Victory Ridge development. Currently owned by Westside Investment Partners of Denver, the acquisition builds on a wave of recent momentum for the mixed-use project. …
Florida-based Investment Firm Acquires Denver Corporate Center for $71.7M
TerraCap Management LLC, a privately held investment firm headquartered in Estero, Florida, has acquired Denver Corporate Center II & III in the Denver Tech Center, for $71.710 million. The two eleven-story office buildings total 381,466 rentable square feet that have been a part of the DTC skyline since 1978. The seller, …
New Luxury Brokerage Firm Launches in Denver
This week, top Metro Denver Residential Real Estate Broker Susan Chong launched Iconique Real Estate, a new real estate brokerage created to provide best-in-class service to the expanding Denver luxury real estate market. Chong is also dedicating a core segment of her brokerage to Denver’s rapidly growing condominium marketplace, based on …
Historic Mixed-Use Building in Ballpark Neighborhood Sells for $6.4M
A 129-year-old mixed-use, three level building, located at 1925 Blake Street in LoDo has sold for $6.425 million, or $418 per square foot. Keith Webb, of Webb Properties LLC sold the 15,375-square-foot building, anchored by 1UP Arcade Bar, to JHB Properties LLC and WSJ Associates, according to public records. Jon D. Hendrickson and …
From Rookie to Rockstar: The Role of Mentorship in CRE
By Paul Kluck and Murray Platt There’s an argument to be made for mentorship in any industry, but when it comes to commercial real estate brokerage, it’s critical. Most people who pursue brokerage do not study it in school. The reality is there’s an incredible amount of boots-on-the-ground training that goes into a …
GL Facilities Consultants Becomes Cresa Workplace Planning, Design and Support
BGL Facilities Consultants recently announced that its name has changed following the company’s merger with Cresa. They will now be a service line of the global real estate company, known as Cresa Workspace Planning, Design and Support. “We have worked side-by-side with Cresa since 2014 when we first started sharing an …