BrokerageOffice

Highland Place Office Property in Centennial Sells for $22.2M

Calif.-based Dornin Investment Group has sold its office property Highland Place I, located at 8085 S Chester St, in Centennial. The pristine building was sold to Bridle Dale LLC on Wednesday, February 16 for a contract price of $22.2 million. Built in the 1980s, Highland Place I features 138,771 square feet …

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BrokerageStudent Housing

Greystar Acquires Student Housing Portfolio at CU Boulder

A two-property, 282-unit pedestrian student housing portfolio at the University of Colorado, Boulder has sold t0 Charleston, S.C.-based Greystar for an undisclosed amount. The Hive 9Seventy is located at 970 28th Street and The Hive Baseline is located at 2726 Moorhead Avenue. Both properties offer residents walkability and easy access …

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BrokerageDevelopmentHospitalityRenovationRetail

Illegal Pete’s Inks Lease at Revitalized Retail Community in Wheat Ridge

Gold’s Marketplace, a 59,000-square-foot revitalized retail community in Wheat Ridge, will be the newest location for Colorado’s popular fast-casual restaurant Illegal Pete’s. Projected to open at the end of 2022, the restaurant will occupy a 3,000-square-foot space alongside an exciting collection of locally-based small businesses. “We are excited to join …

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BrokerageMultifamilyRenovation

Aurora Apartment Community Sells for $143M

Intercontinental Real Estate Corporation, in a joint venture with MG Properties, has acquired Stone Cliff Apartments, a 394-unit garden-style multifamily community in Aurora for $143 million. Intercontinental will infuse fresh capital into the property, renovating unit interiors to maintain and enhance the community’s competitive position in the marketplace. Built in …

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BrokerageOffice

Granite Properties Acquires First Avenue Plaza in Cherry Creek

In an effort to expand its portfolio of well-located, high-quality work environments, Granite Properties has acquired First Avenue Plaza, a two-building office complex consisting of 44 Cook Street, a 10-story, Class-A, 127,000 square foot building, and 55 Madison Street, an 8-story, Class-A, 137,000-square-foot building. Peter Merrion, Mark Katz and Hilary Barnett of JLL represented the …

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BrokerageConstructionDevelopmentIndustrial

Silver Point Development Breaks Ground at Elevation25 in Mead

Silver Point Development has broken ground on Buildings 1 and 2 (94,076 SF and 109,676 SF respectively) of Phase I within Elevation25 industrial park located at Weld County Road 9-1/2 and Hwy 66 in Mead, Colo. With construction now underway, the two Class A buildings are anticipated to be completed …

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BrokerageDevelopmentIndustrial

The Home Depot Signs On as Lead Tenant of New I-25 Industrial Innovation Hub

The Home Depot will be the lead tenant at Access 25 Logistics Park, a 300-acre rail-served park, currently under construction located near the intersection of I-25 and CR 34, in Weld County. The home improvement giant will occupy a 386,000-square-foot, rail-served bulk distribution center. Broe Real Estate (BREG) is the …

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BrokerageOfficeProperty Management

Historic Brick and Timber Office Building in Denver Trades for $25.8M

Asana Properties, a vertically integrated real estate investment company, has purchased Hardware Block, a 54,125-square-foot, boutique office building located at at 1515 – 1527 Wazee in LoDo, for $25.8 million. JLL represented the seller, Unico Properties, led by Senior Managing Director Mark Katz, Managing Director Peter Merrion and Senior Director …

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BrokerageMultifamilyRetail

Two Denver Investment Firms Purchase Mixed-Use Property in Denver’s Berkley Neighborhood

In an off-market sale, Denver-based real estate investment firms Strat Ventures and Zeme Capital have acquired Lyric No. 39, a newly-built, six-story mixed-use development in Denver’s Berkeley neighborhood, from developer Alpine Investments. The $20.4 million purchase marks the first partnership between the firms and Strat Ventures’ fourth and largest investment in …

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BrokerageIndustrialLand Sales

7.14-Acres of Industrial Land in Denver Sells for $6.7M

Starpoint Properties, a real estate investment and operating company focused on the acquisition, development and redevelopment of multifamily and commercial properties, has purchased a 7.14-acre industrial land parcel in Denver for $6.7 million. The parcel, located at 1701-1761 E 68th Avenue, is zoned I-2 with outdoor storage permitted, allowing it to accommodate heavy industrial users …

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