Brokerage

Legend Investment Group (LIG), a division of Legend Partners, LLP is pleased to announce the sale of a single tenant, net leased Big O Tires located at 6430 W 120th Ave, Broomfield, CO for $2,800,000. After generating multiple offers the property was sold all cash to a 1031 exchange buyer …

NavPoint Real Estate Group is pleased to announce it has completed the sale of a Value-Add Multi-Tenant Medical Office/Office Investment Asset located at 8100 East Arapahoe Road, in Centennial, Colorado. With an excellent location in the Denver Tech Center, this building is surrounded by a myriad of retail and restaurants, …

Cushman & Wakefield has announced the sale of Layton Gardens Apartments, a 60-unit, 49,234-square-foot, multi-family complex located at 4801 S Acoma Street in Englewood, Colorado. The transaction closed on December 12 and sold for $9,550,000 or $159,167 per unit to Denver-based Wheelhouse Apartments. Tyler Stevens, Director, of Cushman & Wakefield …

A portfolio of three Class A, newly constructed warehouse/distribution buildings that total 547,478 square feet within the Eastpark 70 development in Aurora, have been refinanced for $31.2 million. JLL worked on behalf of the borrower, Consolidated Investment Group (CIG), to place the 11-year, 3.18 percent, fixed-rate loan with an insurance company. …

Fox Crossing, a 220-unit affordable rental housing property located at 8350 East Yale Avenue in Denver, has sold for $34.25 million. The property operates under the Section 42 Low Income Housing Tax Credit (LIHTC) program. Dan Woodward, David Potarf and Matt Barnett with CBRE’s Denver office and Spencer Hurst, Tim Flint and Taylor …

Saunders Commercial Development Company has received $43.2 million in structured construction financing for the development of its latest project, Ten West Greeley Apartments, a 264-unit, Class A, garden-style multi-housing property in Greeley. The Ten West Greeley Apartments project — designed by Denver-based EVStudio — is being developed on a 10.15-acre site at …

Utah-based hospitality firm Western States Lodging and Nuterra Partners are under contract to construct a Candlewood Suites at Colorado Springs’ newest 58.71-acre mixed-use development, Westgate at Powers. CBRE is marketing the planned, mixed-use project for additional sale, lease or build-to-suit development. The property is located at the west gate entrance to Peterson Air Force Base …

A 7,500-square-foot industrial property in Littleton has sold for $1,640,000. Jason Mayer and Jeff Brandon of NavPoint Real Estate Group represented the buyer, Kudu Roofing. The company will be relocating from 2709 W Belleview Ave b, Littleton, near Santa Fe and Belleview. The property, located at 9822 Titan Park Circle — off Highway 85 …

A four-unit, 3,082-square-foot multifamily property, on a 9,040-square-foot lot in Platt Park, has sold for $990,000. Robert Bratley with CBRE Capital Markets in Denver represented the seller, a local private investor. An out-of-state investor purchased the property in an all-cash transaction with no contingencies that closed in 14 days. “This property attracted apartment …

NAI Shames Makovsky announced this week the two-part sale of the long-dormant Evans School located at 1115 Acoma Street, Denver, consisting of a three-story, 46,467-square-foot historic school building and a 30,000-square-foot parking lot. Lennar Multifamily Communities, LLC  purchased the school and the parking lot for $18 million. Following that sale, …