Two Office Buildings Planned for Cherry Creek North
According to the Denver Business Journal, Beck Architecture has submitted a conceptual development plan on behalf of Broe Real Estate Group, for construction of the “Clayton Street Redevelopment Project” on the 200 block of Clayton Street in Cherry Creek. According to Marc Savela, vice president development, Broe Real Estate, the development …
Ventana Apartments in Denver Sell for $53.7M
The Ventana apartments located at 5095 East Donald Avenue in Denver, have sold for $53.7 million. David Potarf, Dan Woodward and Matthew Barnett with CBRE Capital Markets in Denver represented the seller, Cypress Equities of Los Angeles. The buyer, Indianapolis-based Birge & Held, purchased the property in a sale that closed August 22, …
Former Sears Building in Colorado Springs to be Renovated
A former Sears retail building located at 2050 Southgate Road in Colorado Springs, has sold for an undisclosed amount. Brian Cox and Steve Suechting of Lee & Associates – Denver represented the seller of the 145,675-square-foot retail building, and Paul Rubley with Olive Real Estate Group represented the buyer, Sears Holding. The buyer plans …
Trevey Commercial Restore a Landmark Centennial Center to its Former Glory
Trevey Commercial Real Estate recently announced the 100 percent occupancy of the Lazy Hills Common retail center in Centennial. The landmark center, which sits prominently atop a large sandstone retaining wall at the NEC of Parker and Lewiston (6202 S. Parker Road), went through tough times along the way. “When we …
41-Acre Globeville Site Sells for $56.5M
A 41-acre Fox North development site, also known as the former Denver Post property, located at 4400 Fox Street in Denver’s Globeville neighborhood, has sold for $56.5 million, according to property records. Eric Roth and Martin Roth of CBRE’s Denver office represented the seller, a joint venture between Woodspear Properties, based out of …
Brennan Breaks Ground on Colorado Logistics Park
Chicago-based private real estate investment firm, Brennan Investment Group, broke ground on approximately 61 acres last week at the intersection of East 112th Avenue & Havana Street in Commerce City, for a phased speculative development project. Fully complete, the new development, Colorado Logistics Park, will consist of five buildings, totaling …
Brinkman Completes Nearly $55 Million in Transactions this Month
Real estate development and investment company Brinkman closed this week on the acquisition of Windom Peak, bringing their total transactions close to $55 million in the last 30 days. The company’s other transactions in the past month include the acquisition of a Steamboat Springs retail/office center, Sundance at Fish Creek, for …
NorthPoint Development Closes on 185 Acres of Land in Aurora
NorthPoint Development has closed on 185 acres of land that will be the site of Stafford Logistics Center, a 350 acre, ±4.4-million-square-foot industrial and mixed-use development located at the confluence of I-70, E-470, E. Colfax Avenue and Picadilly Road in Aurora. NorthPoint has already started construction on a 598,500-square-foot warehouse …
Supplemental Assets Sell Office Building in Colorado Springs
Northpark Offices, a 25,913-square-foot office property located at 4465 Northpark Drive in Colorado Springs, has sold for $3 million, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Investors were drawn to the supplemental assets offered with the property, which generated multiple offers during the marketing phase. “The …
NKF Leases Quarter-Million-SF in 8 Months at 76 Commerce Center
Newmark Knight Frank (NKF), Hyde Development and M.A. Mortenson Company recently announced the leasing of 232,615 square feet at building 5, the first completed building at 76 Commerce Center, part of a 1.8 million-square-foot, Class A industrial park in Brighton. The development is a joint venture between Hyde Development and Mortenson. Building 5, …