Colorado 24 Hour Fitness Trades Hands at $22.75M
A 45,500-square-foot 24 Hour Fitness located in Highlands Ranch, has sold for $22.75 million, which equates to $500 per square foot. Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, represented both the seller and the buyer in …
Two Office Buildings in Highlands Ranch Fetch $14.35M
Plaza 200 & 300 at Highlands Ranch Business Park, two high-quality, multi-tenant office buildings totaling 74,778-square-feet, located at 200 & 300 Plaza Drive in Highlands Ranch, have sold for $14,350,000, or $192 per square foot, to a private partnership. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of Cushman & Wakefield Denver’s Capital Markets …
CBRE completes sale of remaining land at Aurora Crossroads
CBRE completed the sale of approximately 139 acres at the southeast corner of I-70 and E-470 in Aurora, Colorado, to Westside Investment Partners, based out of Glendale, Colorado. Martin Roth, Eric Roth and Jim Bolt of CBRE’s Denver office represented the seller, Professors Capital, an investment firm based out of …
Class A Office Building in Denver’s CBD Street Sells for $127.2M
410 17th Street, a 436,455-square-foot, Class A office building in the Midtown East submarket of Denver’s CBD, recently sold for $127.2 million. The sale a financing is an HFF legacy deal, closed prior to the firm being acquired by JLL on July 1, 2019. JLL represented the Seller, Ivanhoé Cambridge, and …
Travis Ackerman, Cushman & Wakefield, Named Top Industrial Broker
Broker Travis Ackerman, of Cushman & Wakefield in Fort Collins, has been named as the Weld County area’s top industrial sector broker with an impressive 8.8 percent market share. Ackerman’s share of the market puts him well ahead of the competition, with the second and third highest-rated brokers currently commanding just …
Ryman Hospitality Receives $880M Refinancing for Gaylord Rockies Resort
Ryman Hospitality Properties Inc. (NYSE: RHP) has received a financing package totaling $880 million to refinance the construction and mezzanine loans for Gaylord Rockies Resort & Convention Center in Aurora. Wells Fargo both provided and arranged the loan. Sitting on 85 acres, Gaylord Rockies features more than 1,500 guest rooms …
Three Denver Office Buildings Achieve Combined $100M Profit
View here Three prominent downtown Denver office towers sold at the end of June, according to the Denver Business Journal. Boston-based Beacon Capital sold 1560 Broadway, known as Civic Center Plaza, to Los Angeles-based Rising Realty Partners for $124.6 million on June 27. Callahan Capital, a firm that was acquired …
Belleview Corporate Plaza Sells for $39.1M
The RMR Office Property Fund, managed by The RMR Group, has acquired Belleview Corporate Plaza, a two-building, 172,220-square-foot, multi-tenant class A office property located in Denver, for $39.1 million. The property is 98 percent leased to tenants in the healthcare, real estate and energy industries. “The acquisition of Belleview Corporate Plaza demonstrates the …
56-Unit Apartment Building Sells in Cherry Creek School District
Nexus Commercial Realty, LLC, a full-service firm for the multifamily commercial real estate industry in Denver, has closed on the sale of Cherry Creek Square, a 56-unit, 39,600-square-foot building for the sale price of $7,510,000. The building has an attractive location on E. Florida Avenue between S. Havana Street and S. …
JLL Completes Acquisition of Leading Capital Markets Firm HFF
Jones Lang LaSalle Incorporated (NYSE: JLL) has officially closed its acquisition of HFF, greatly expanding JLL’s ability to provide world-class capital markets services and expertise to its clients. This acquisition was first announced and unanimously approved by each company’s Board of Directors in March 2019 and received approval from HFF’s shareholders on Monday. The …