MIG Real Estate Adds Doubletree Breckenridge to Growing Portfolio
MIG Real Estate LLC (MIG), a national real estate investment company headquartered in Newport Beach, Calif., has purchased the DoubleTree by Hilton Hotel Breckenridge from Vail Resorts, Inc. The DoubleTree Breckenridge, located at 550 Village Road in Breckenridge, is ideally positioned at the base of Breckenridge Resort’s Peak 9 within …
Talent and Real Estate Cost are Foremost Concerns for Tech Companies, New Cushman & Wakefield Report Finds
This week, Cushman & Wakefield released its “Tech Cities: The Global Intersection of Talent and Real Estate,” a new report that examines the top location strategy drivers for tech occupiers, identifies the top global tech markets and the impact of tech companies on office real estate. In the report, the firm has ranked …
Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park
CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger …
Denver Agency Acquired by Global Insurance Brokerage
Global insurance brokerage company Arthur J. Gallagher & Co today announced the acquisition of Denver-based Denver Agency. Terms of the transaction were not disclosed. Founded in 1932, Denver Agency is a leading personal lines-focused insurance agency that specializes in serving high-net-worth and ultra-high-net-worth clients throughout the U.S. The agency also offers commercial …
Target Fully Leases Prologis Broadway Distribution Center in Denver
Prologis, the global leader in logistics real estate, has fully leased its Broadway Distribution Center, a brand new 141,524-square-foot Class A industrial/distribution building located at 6300 North Broadway in Denver, to Target Corporation. Steve Hager, Matt Trone, SIOR, and Joey Trinkle with Cushman & Wakefield together with Keiffer Garton, vice president …
Amazon Industrial Warehouse Transactions in 2022 Among Largest on Record
B+E, a modern investment brokerage firm specializing in net lease real estate and 1031 exchanges, has released its Net Lease Industrial Report on Amazon. Key Points: Amazon industrial warehouse transactions in the first half of 2022 have included some of the largest trades on record. Amazon increased its number of …
Office Property in Downtown Golden Sells for $5.65M
The Golden Center, a 15,684-square-foot office property located in the heart of downtown Golden, situated under the famous “Welcome to Golden” sign, has sold for $5,650,000 to an undisclosed buyer. Brandon Kramer, first vice president of investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the …
Two Multifamily Properties Within Minutes of Anschutz Medical Campus Sell to Investors
The separate sales of two apartment communities in Aurora were announced this week. Both properties are within minutes of The University of Colorado Anschutz Medical Campus, giving them significant rental upside. 11300 E. 16th Ave Park 16 Apartments, a 60-unit, 50,466-square-foot apartment community located at 11300 E. 16th Ave in Aurora, …
EDENS Acquires Nearly-Full City Block in Denver’s Five Points
EDENS, a national real estate owner, operator and developer with a strong local presence in Denver, has purchased 2660 Larimer St., a nearly-full city block at 26th and Larimer in Denver’s Five Points neighborhood. The sale of the approximately 97,103-square-foot property is part of a larger deal between EDENS and Volunteers of …
Hampton Inn & Suites in Lafayette Sells for $12.5M
Hampton Inn & Suites Lafayette Medical Center, located at 317 Exempla Circle, in Lafayette, sold on July 25 for $12.5 million, which equates to $148,810 per unit. The upscale Hilton franchise hotel was constructed in 2018 and has 84 units. Demand generators include the adjacent 183-bed SCL Health Good Samaritan Medical Center …
