Greystone Unique Apartment Group_University Apartments
BrokerageMultifamily

University of Northern Colorado Sells Apartment Complex for the First Time in School History

Greeley, CO – Greystone Unique Apartment Group recently sold the University Apartments, a 98-unit apartment complex located at 509 18th Street in Greeley, Colorado. The Asset received a high number of offers from qualified investors and was acquired above listing price at $7,100,000 or $72,448 per unit. The 76,150-square foot complex …

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Pinnacle Real Estate Advisors_ADAM LARKEY PHOTOGRAPHY
BrokerageMultifamily

17-Unit Multifamily Sells $3.1M in Baker Neighborhood

Denver, CO – Pinnacle Real Estate Advisors, LLC sold the multifamily at 310 West Archer Place in Denver, Colorado. This 17-unit multifamily property was built in 1965 and significantly renovated in 2012. The building, located in Denver’s Baker neighborhood, sold on February 16th for $3,158,000; $185,765 per unit and $353.60 per …

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BMC Investments_Matt Joblon_Cherry Creek
BrokerageDevelopmentOfficeRetail

BMC Investments Acquires Two Cherry Creek North Properties

Denver, CO —  BMC Investments (BMC) recently acquired and planned redevelopment of two Cherry Creek North properties: 240 – 246 Milwaukee Street and 240 St. Paul Street. The acquisitions expand BMC’s commitment to the investment in and redevelopment of Cherry Creek, with the real estate firm now controlling the majority of …

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Transwestern_Lee Wallis
BrokerageProfiles

Lee Wallis Joins Transwestern to Lead Asset Services Group

Denver, CO – Transwestern welcomed Lee Wallis, who has joined the firm as Managing Senior Vice President, in the firm’s Asset Services group. In this operational leadership role, he will work with Transwestern team members to coordinate strategic initiatives and implement best practices to enhance the company’s client-focused approach through …

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CBRE_Shanda Staggs_Colorado
BrokerageProfiles

Shanda Staggs Joins CBRE as Sales Manager for Colorado Region

Denver, CO – CBRE recently welcomed Shanda Staggs as the Regional Sales Manager for Colorado. Ms. Staggs will collaborate with local leadership and assist with business development and advisory and transaction efforts for all Occupier Services business. “Shanda’s skill set and experience make her an ideal fit for this role, and she …

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NavPoint Real Estate_Office Building Littleton CO
BrokerageOffice

26,334 SF Office Building Sold in Littleton for $2.9M

Littleton, CO – NavPoint Real Estate Group recently sold a 26,334 SF office building at 8 W Dry Creek Circle in Littleton. The seller was 8 WDC, LLC. The buyer was 8 west Dry Creek, LLC.  Matt Call and Heather Taylor of NavPoint Real Estate Group represented the seller.  John Witt …

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Griffin Capital_Allstate_Lone Tree CO
BrokerageOffice

Griffin Capital Essential Asset REIT II Makes First Acquisition in Denver Metropolitan Area

Lone Tree, CO — Griffin Capital Corporation (“Griffin Capital”) recently announced, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the first acquisition by the REIT in the Greater Denver metropolitan area.  The REIT has acquired a Class A office complex with three-stories encompassing 70,273 square-feet in …

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HFF_Peter Merrion_Director_Denver
BrokerageProfiles

HFF Expands Denver Investment Sales Team with New Hire

Denver, CO –  Holliday Fenoglio Fowler, L.P. (HFF) hired Peter Merrion as a director in its Denver office.  Mr. Merrion will team up with Mark Katz, senior managing director and co-head of HFF’s Denver office, to focus on office investment sale transactions in Denver and the Rocky Mountain region. Mr. …

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Denver Office Using Employment Trends
BrokerageOfficeProfiles

Office Tenants Enter 2017 with Increased Leverage as Availability Rates Rise & Leasing Decelerates in 2016

Denver, CO – Savills Studley released its 2016 Q4 Denver edition of the Savills Studley Office Market Report. “Leasing slowed and sublet supply rose in 2016, particularly in the Uptown section of Downtown and in suburban submarkets. Tenants head into 2017 with additional leverage and more options to consider, ” commented …

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1769 Coronado Pkwy N Thornton-large-039-26-DSC47004829-1500x925-72dpi
BrokerageDevelopmentMultifamily

BMC Investments & Oak Coast Properties Purchase Timber Lodge Multifamily $40.5M

View here BMC Investments and Oak Coast Properties joined together to purchase Timber Lodge Apartments, a 390-unit multifamily located in Thornton, for $40.5 million. Shane Ozment, Terrance Hunt, Jeff Hawks and Doug Andrews from ARA Newmark handled the deal, along with representatives from HFF. Pictures courtesy of ARA Newmark

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