Luxury Apartment Homes in Broomfield Fetch $106M
BROOMFIELD — The Terracina Apartment Homes located at 13620 Via Varra Road in Broomfield, have sold for $106 million or $293.54/SF. “Terracina’s truly unique location — in the heart of the Silicon Valley of the Rockies and within the fast growing Broomfield Business Park — and construction style — that …
Woodlands Healthcare Plaza in Castle Rock Sells for $6M
DENVER — Health Connect Properties (HCP), a Denver-based medical real estate firm, has closed on the sale of Woodlands Healthcare Plaza, a 21,000-square-foot medical/office building located at 4348 Woodlands Blvd. in Castle Rock. The property sold for $6 million and was 100 percent leased at the time of sale. HCP represented the seller, …
The Modern Apartment Community in Southwest Denver Sells for $41.25M
DENVER – The Modern apartment community located at 6301 West Hampden Street in Denver has sold for $41.25. Dan Woodward, David Potarf, Matthew Barnett and Jake Young of CBRE represented the seller, Fowler Property Acquisitions of San Francisco. The buyer, Los Angeles-based Jacobson Co., purchased the property in a transaction that closed …
Redevelopment Parcel in Denver’s RiNo Neighborhood Sells for $11.25M
DENVER – McCaffery Interests, Inc. in partnership with Hines, has purchased 3500 Blake Street in RiNo, a 50,000-square-foot redevelopment parcel located in the heart of Denver’s RiNo. The property closed on Nov. 8 and was purchased for $11,250,000 or $225 per square foot. Drew McManus, managing director, Jim Capecelatro, executive …
Denver Law Firms Adopting More Efficient Space Strategies
DENVER – Law firms in Denver are shedding surplus space, increasing efficiency and migrating across downtown, according to CBRE’s 2018 North American Legal Sector Trends Report. Denver recorded 283,848 square feet of law firm space transactions from Q3 2017 through Q2 2018. Of these transactions, 47.2 percent were contractions, 28.6 percent were expansions, 20.2 …
Improvements Planned for 83-Acre Denver West Business Park
DENVER – DPC Companies and Bridge Investment Group have bought Denver West Business Park, a 20-building, 1.3 million-square-foot campus in Lakewood, and plan to invest $16 million in the campus in the next three to four years. “Denver West has incredible untapped potential,” said Chris King, CEO and president of DPC Companies. “Having grown up less than …
JLL Unveil Office Redesign (Photos)
By Katie Rapone On Thursday Nov. 8, Jones Lange La Salle (JLL) held an Open House in their brand-new redesigned office space in downtown Denver, where serendipitous collisions create a more desirable and collaborative workspace. JLL occupied the 23rd floor of the building for a little over a decade and moved to the …
Oak Coast Properties Announces $31M Acquisition of Berkeley at Regis Apartments in Denver
DENVER – Southern California-based Oak Coast Properties has acquired the Berkeley at Regis, a 132,129-square-foot, 127-unit vintage community located in the Berkley/North Washington submarket of Northwest Denver. The community sold for $31 million. The acquisition increases the company’s Denver property portfolio to 4,226 units. With newly constructed apartments more commonplace, the region offers …
Brinkman Capital Buys Office Building in Fort Collins
DENVER – Brinkman Capital has purchased Preston Center, a 57,287-square-foot office building in southeast suburban Fort Collins, in a deal valued at $9.6 million. Preston Center is located in the heart of the East Harmony Road commercial corridor at Corbett Drive, immediately south of Front Range Village Shopping Center. Avison Young Principals David Tilton and …
Denver’s The LAB on Platte Sells for $45.5M
DENVER — The LAB on Platte, a 78,575-square-foot creative boutique office building located at 2420 17th Street in Denver’s most vibrant mixed-use neighborhood, recently sold by Soma Capital & CenterSquare Investment Management to an unnamed institutional investor for $45.5 million, according to Denver County public records. Vice Chairman John Jugl, Jr. and Associate Paul …