BrokerageRetail

Arvada Retail Center Sells for $17.5M

ARVADA –  A 56,000-square-foot retail shopping center located on 5.85 acres in Arvada has sold for $17.5 million. Armstrong Capital Development, LLC (“ACD”), a Denver-based private equity real estate investment, development and management company,  purchased the property, know as Arvada Connection, from Walton Street Capital in May. Brad Lyons and Matthew Henrichs of CBRE represented …

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BrokerageRetail

Parker Retail Center Leased by Hobby Lobby and Planet Fitness Sells for $11M

PARKER –  A two-tenant box retail center located at 10901 S. Parker Road, has been sold to a California-based private investor for $11 million. The 94,772-square-foot retail center offers current long-term leases with Hobby Lobby and Planet Fitness. Matthew Henrichs and Brad Lyons with CBRE represented the seller, Pace Properties of …

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BrokerageMultifamily

HFF Arranges Financing for Six Apartment Communities Including One in Denver

DENVER – Advenir, Inc., a real estate investment company headquartered in Aventura, Florida has received financing totaling $190.873 million for six apartment communities comprising 1,843 units In Texas, Alabama, and Colorado. including Advenir at Bear Valley, a 230-unit property located at 3550 S. Kendall Street in Denver. Holliday Fenoglio Fowler, …

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BrokerageMultifamily

Marcus & Millichap Capital Corp. Closes $33.1M in CRE Financing

DENVER – Marcus & Millichap Capital Corp. (MMCC), a leading national provider of commercial real estate financing and capital markets expertise, recently announced that more than $33.1 million in investment property financing was placed by its Denver office led by Phillip Gause, first vice president capital markets, and Alex Ducas, associate …

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BrokerageOffice

HFF Provides Financing for Office Building in Westminster

DENVER – Following the sale of $71.1 million sale of Westmoor Place Buildings 8, 9 and 10, Holliday Fenoglio Fowler, L.P. (HFF) has arranged financing for Westmoor Center Building 7, a 205,000-square-foot office building in Westminster. HFF worked on behalf of the borrower, CapRidge Partners, LLC, a value office investor and manager headquartered …

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BrokerageMultifamilyStudent Housing

CBRE Facilitates 459-Unit Portfolio Sale in Fort Collins

FORT COLLINS — CBRE has secured the sale of the Ram’s Portfolio, a collection of six properties consisting of student/conventional housing, comprising 459 units in three different locations throughout the Fort Collins area. Representing the seller, Summit Management, the CBRE team completed the transaction with buyer FPA Multifamily, LLC. David Potarf, Dan Woodward, …

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BrokerageMultifamily

Lowry Multifamily Property Sells for $62M

DENVER — Los Angeles-based Gelt Inc., a multifamily investment company, has acquired Cedar Run Apartments, a 384-unit multifamily community located at 888 S. Oneida St. Maxx Properties sold the asset for $62 million. According to NKF Research, this is the largest multifamily transaction in the Lowry submarket in the past 18 …

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BrokerageOffice

McWHINNEY Acquires Commercial Building in Fort Collins for $21M

LOVELAND — McWHINNEY recently purchased the building at 3420 E. Harmony Road in Fort Collins for $21 million, expanding the developer’s footprint and portfolio of property types in Fort Collins and across northern Colorado. Located on the corporate campus immediately west of the I-25 and Harmony Road exit, the three-story, 179,688-square-foot commercial building …

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BrokerageDevelopmentOfficeRetail

Historic Ballpark District Building Sells for $2.9M, Renovations Planned

DENVER – The two-story building located at 2100 Larimer St. in Denver’s vibrant Ballpark neighborhood, has sold for $2.9 million. Monfort Companies, a community-minded commercial real estate investment and development company, and Magnetic Capital, a privately held real estate investment and development company, purchased the 11,600-square-foot property and plan to add a mix …

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BrokerageOfficeRetail

Cherry Creek Mixed-use Office and Retail Property Refinanced for $10.25M

DENVER – Holliday Fenoglio Fowler, L.P. (HFF) has announced the $10.25 million refinancing of an iconic, mixed-use office and retail property totaling 18,460 square feet at 2nd and Clayton in Denver’s affluent Cherry Creek neighborhood. Originally constructed in 1954, 2nd and Clayton comprises three buildings that house retail and office space, …

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