Newly Built Multifamily Complex in Broomfield Sells for $90M
Even during this pandemic, big sales continue to close successfully. A California-based company has purchased Fusion 355, a 286-unit multifamily property, located at 355 Eldorado Boulevard in Broomfield’s Interlocken neighborhood, for $90 million. Dan Woodward, David Potarf and Matt Barnett with CBRE Capital Markets in Denver represented the seller, AG Spanos from Stockton, …
Leasing of Flex Space in Frederick Prompts Neighboring Land Sale
5.03 acres of land located at 4465 Salazar Lane in Frederick, CO has sold for $700,000. In addition, 100 percent of the 12 units at a new 30,000-square-foot flex space in a neighboring area located at 4030 Bruin Blvd, were leased to small business owners including contractors, financial advisor, coffee roaster, pool …
Luxury Townhomes for Sale at 9th and Colorado
Sales are underway at Ella CityHomes, the first for-sale property on the buzzing 26-acre multi-million dollar neighborhood at 9th and Colorado (9+Co). The vibrant work-live-play community offers luxury urban living amongst 2020s most anticipated restaurants, boutique retail, state-of-the-art fitness facilities, innovative office space, and more. Private showings will launch on May …
Brinkman Executes First Acquisition Outside of Colorado
As part of their focus on real estate acquisitions, real estate investment and development company, Colorado-based Brinkman just closed on an existing multi-family community in Payson, Utah. Eversage, a newly constructed, 168-unit complex is located within the fastest-growing region of the Greater Salt Lake Area, the Provo MSA. The project …
Lakewood Industrial Property Sets Record Price Per Square Foot
Cushman & Wakefield recently brokered the sale of a freestanding industrial building in Lakewood. Located at 12290 W. Alameda Dr., the 4,465-square-foot building is situated on 1.55 acres and sold for $1.465 million or $328/sf. The seller was 1st Electric Investors LLC and the buyer was 3bar Denver LLC, an …
Boulder Shopping Center Garners Significant Lender Interest
JLL Capital Markets has arranged a $26.7 million refinancing for Alcove on Arapahoe, a 159,050-square-foot shopping center in Boulder. Alcove on Arapahoe is anchored by premier retailers including Safeway, HomeGoods, Verizon Wireless and Flower Child. The property was built in 1957 and most recently renovated in 2019. The center is …
Northglenn Apartment Homes Sell for $83M
Stone Mountain Apartment Homes, a 320-unit, 15-building multifamily property located at 11625 Community Center Drive in Northglenn, has sold for $83 million, according to CBRE. The property is located directly adjacent the City of Northglenn’s Civic Center redevelopment site, in which the city is investing $53 million. Dan Woodward, David Potarf and Matt …
2,444 SF of Office Space in Denver Sells for $760,000
NavPoint Real Estate Group has completed the sale of a 2,444 SF newly constructed office condo located at 12245 Pecos Street, Unit 3 in Denver, Colorado. Part of the Taiva professional condo development, this unit features refined lines, upgraded designer lighting, polished concrete floors, second floor balcony, and private roof …
288-Unit Multifamily Property in Broomfield Sells for $90.7M
Oakmont Properties has purchased Caliber at Flatirons, a 288-unit multifamily property located at 13872 Del Corso Way in Broomfield, for $90.72 million. Dan Woodward, David Potarf and Matt Barnett with CBRE’s Denver office represented the seller, The Garrett Companies of Greenwood, Ind. Oakmont Properties, represented by Marc Ross and CBRE’s Sacramento multifamily team, purchased …
Natural Grocers Sale Breaks New Record
A Natural Grocers store located at 18471 Green Valley Ranch Blvd. in Denver, has sold for $6,857,143, setting a nationwide pricing record for a fee-simple Natural Grocers store. Cory Gross, investment specialist in Marcus & Millichap’s Denver office, represented the buyer and the seller in the transaction. The newly constructed …