BrokerageOffice

CBRE Facilitates $2.2M Sale of 2280 S. Albion Street in Denver

2280 South Albion Street, an 8,007-square-foot, single-story office building on 0.71 acres in the University Hills neighborhood of Denver, has sold for  $2.245,000. Monica Wiley and Jeff Wood of CBRE’s Denver office represented the seller of the building, The Arthritis Foundation, Inc. Matt Vandal and Jonathan Schneider of Sognare Partners represented the buyer, a …

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BrokerageOfficeRetail

HFF Arranges Post-Acquisition Financing for The George

Holliday Fenoglio Fowler, L.P. (HFF) has arranged post-acquisition bridge financing for The George, an eight-story, 100,615-square-foot office building with ground-floor retail space, located at 820 16th Street in the Midtown West micro-market of Denver’s central business district. HFF worked on behalf of the borrower, a joint venture between Harbor Associates and Stockbridge …

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BrokerageMultifamily

Denver-based Griffis Residential Acquires Denver Apartments for $45.65M

Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver has sold for $45.65 million. Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of the borrower, Denver-based Griffis Residential, to secure the 10-year, Fannie Mae Green Rewards loan through HFF’s risk-transfer joint venture with M&T Realty Capital Corporation. The loan, which was …

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BrokerageMultifamily

Colorado Springs Apartment Community Sells for $17.25M

Regal Estates Apartments, a 150-unit community located at 105, 115, 125, 135, 145, 155 South Academy Blvd in Colorado Springs, has sold for $17.25 million. Mike Krebsbach, senior advisor with Pinnacle Real Estate Advisors LLC, represented the Buyer, Hazel Grace LLC in the transaction. “Our client is very excited about their acquisition of Regal …

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BrokerageDevelopmentTransit

San Fran Developer Purchases Two RiNo Parking Lots for $36.2M

View here Carmel Partners has paid $36.19 million for two parking lots adjacent to PepsiCo’s bottling plant, according to property records. 3800 N. Brighton Blvd. sold for $16.41 million and 3900 N. Brighton Blvd. sold for $19.78 million. The San Fransisco developer will likely build a multifamily property and hopes to …

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Marcus & Millichap
Brokerage

Sale of $5.1 Million Denver Shopping Center

Central Park Plaza, a 17,844-square-foot shopping center located at 5096 Central Park Boulevard in Denver, Colorado, has sold for $5,100,000. The seller and buyer, both private investors in this transaction, were represented by Ryan Bowlby, senior associate and Drew Isaac, senior vice president investments both located in Marcus & Millichap’s …

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BrokerageMultifamily

Apartment Complex in Lakewood Sells for $1.87M

Sheridan Station Flats located at 1315 Sheridan Street in Lakewood, has sold for $1,870,000. The Sheridan Station Flats is a 15-unit apartment complex that was recently constructed. The complex includes an exterior walkup with private off-street parking and short and long-term bike storage. The 485-square-foot one-bedroom/one-bathroom units include granite countertops, …

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BrokerageTransit

12.5 Acres of Land Along TOD Development Sells for $6.5M

A 12.5 acre site on Tollgate Creek in Aurora, has sold for $6.5 million. The site is strategically located adjacent to the 13th Avenue Light Rail Station in Aurora which serves the Fitzsimmons Medical Campus and the Denver Tech Center. “The buyer intends to develop the land into 350+ Class-A …

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BrokerageOfficeTechnology

JLL’s Enterprise App JiLL Acts as an Admin for Every Employee

JLL recently introduced JiLL, an AI-powered, conversational platform that can help employees streamline their work and be more productive. Users can use voice or text to converse with the app via their smart phones and simplify time-consuming daily tasks such as setting up meetings, finding colleagues, looking up lunch menus …

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ArchitectureBrokerageOffice

Denver-based Mercy Housing Gets a New Affordable Home of Their Own

DENVER — Mercy Housing, a Denver-based nonprofit that provides affordable housing nationwide, has moved their headquarters to 1600 Broadway. The organization’s new 36,341-square-foot office space seats nearly 200 employees, providing room for projected growth. Cresa represented Mercy Housing, facilitating the entire process from site selection and transaction management, through to project …

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