Pinnacle 4 Multifamily_Denver CO
BrokerageMultifamily

Several Multifamily Properties Exchange Hands from Arvada to Denver

Pinnacle Real Estate Advisors announce the sale of several multifamily properties from Arvada to Denver. 428 S Sherman Street in Denver, Colorado. This 9-unit property sold on May 19th with a contract price of $1,135,000; $126,111 per unit and $310.62 per square foot. The vintage property, built in 1905, was …

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Accesso Parnters_Stanford_Place_I,_8055_E_Tufts_Ave,_Denver CO
BrokerageOffice

Stanford Place I in DTC Sold $43M

View here Accesso Partners LLC purchases Stanford Place I, located at 8055 East Tufts Ave in the Denver Tech Center, for $43 million. This is the second Class A office property the Florida-based firm has purchased in the area. Photo credit: By Xnatedawgx (Own work) [CC BY-SA 3.0] via Wikimedia Commons  

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CBRE_7611 W Colfax Ave Denver CO
BrokerageRetail

Transformation of Colfax Central Retail Development Prompts $5.9M Sale

Denver, CO –  CBRE Group, Inc., announced recently the $5.925 million sale of the two-building, 14,148 SF Colfax Central retail center located at 7611 West Colfax Avenue and 1509 Wadsworth Boulevard in Lakewood, Colorado. Matthew Henrichs and Brad Lyons, both of CBRE’s Denver Retail Investment Properties, represented the seller, Armstrong Capital …

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Pinnacle Real Estate Advisors_2829 Colorado Blvd_Denver CO
BrokerageMultifamily

Colorado Boulevard 15-Unit Multifamily Sold

Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2829 Colorado Boulevard, located in Denver, Colorado. This multifamily property has 15 units and was built in 1939. The building is located on Colorado Boulevard, north of City Park. The property sold on May 23, …

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NGFK_FlexNorth West INOVA_Denver CO
BrokerageOffice

Power Home Remodeling Sets Its Sights on Denver

Denver, CO – Newmark Grubb Knight Frank (NGKF), United Properties and Principal Real Estate Investors announce Power Home Remodeling, a Pennsylvania-based company, recently recognized as Fortune’s #1 Workplace for Millennials in the country, is opening a Denver location. The company’s pre-leasing commitment of 23,658 SF will kick start the planned …

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Astdefeasance.com_Commercial Real Estate
BrokerageDevelopment

How Commercial Property Owners Can Save on Defeasance Costs

One of the several terms in commercial real estate that the industry could use a refresher on includes defeasance. According to Eitan Weinstock, a senior analyst at AST Defeasance, a CMBS loan defeasance consulting firm, “In commercial real estate, defeasance is the process of releasing a commercial property from the …

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Interest Rate Increase_Yield Maintenance Consultants
BrokerageDevelopment

Is Another Interest Rate Increase On the Horizon?

If the industry buzz is true that there will be at least two more interest rate increases, and these increases are above 6.5%, these costs [for paying a Yield Maintenance penalty] will be even higher. By: Eitan Weinstock, Senior Analyst at Yield Maintenance Consultants There is talk in the industry and …

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Pinnacle Real Estate Advisors_864 Santa Fe_Denver CO
BrokerageOffice

Sante Fe Office Building Sells for $242/SF

Denver, CO – Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of 864 Santa Fe located in Denver, Colorado. The 4,023 SF office building sold on April 28th, 2016 for $975,000 or $242.36 per square foot. Eric Shaw, Senior Advisor with Pinnacle Real Estate Advisors, represented the …

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Transwestern_Make-A-Wish Denver Happy Hour
BrokerageEvents

Transwestern Events in Denver Raise >$15K for National Parnter, Make-A-Wish®

Denver, CO – Transwestern’s Denver office recently announced that it held its happy hour event on May 18 to round out its fundraising efforts for the firm’s national philanthropy partner, Make-A-Wish®. Approximately 100 people attended the event at the Pub on Pearl, where 60 percent of the proceeds went directly to …

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CBRE_Nasif, Naum_Denver CO
BrokerageProfiles

CBRE Denver Healthcare Services Expands to Welcome New Talent

Denver, CO – CBRE Group, Inc., is pleased to announce Naum Nasif has joined its Denver Healthcare Services as a Senior Associate. With more than nine years of experience working in the Denver-metro healthcare real estate market, Nasif will focus on tenant and landlord representation for hospital and medical specialty clients. …

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