Brokerage

Atlas Real Estate Group Acquires ESR Management

DENVER/PRNewswire/ — Atlas Real Estate Group, specializing in real estate investments, brokerage and property management, announces the acquisition of ESR Management. Launched in January 2016, ESR Management was founded with the purpose of providing best-in-class property management for investment properties in the Denver Metro region. The organization’s managing partners Eric Ross …

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Denver West Parkway
BrokerageOffice

Northstar Commercial Partners Facilitates HomeAdvisor’s Expansion with Office Lease

DENVER/PRNewswire/ — Northstar Commercial Partners announced its recent partnership with HomeAdvisor, providing 24,427-square-feet of corporate office space in its Denver West Parkway building. HomeAdvisor works to provide services that assist homeowners in a variety of different facets, such as home repair and remodel. The company does this by providing recommendations to …

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The Gardens at Cherry Creek
BrokerageMultifamily

Denver Apartment Complex Sells for $65M

View here The Connor Group, an Ohio-based company, has acquired The Gardens at Cherry Creek, a 191-unit apartment complex at 225 S. Harrison St. for $65 million. Built in 2014, The Gardens at Cherry Creek were  sold for $340,314 per unit. The seller was J.P. Morgan Investment Inc. Image courtesy of The …

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Rigden Farms Townhomes
BrokerageMultifamily

105-Unit Townhome/Apartment Complex in Fort Collins Acquired for $27.8M

Fort Collins, CO — Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with multiple Colorado real estate holdings, has purchased the 105-unit Brooklyn Park Rowhouses, a townhome/apartment complex in Fort Collins, Colorado. The sales price was $27.8 million. The transaction closed June 23. Located at 2758 Iowa Drive, …

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BrokerageHealthcareOffice

Gershman Mortgage Finances $6.5M in Medical Office Building and Practice Loans in Cherry Creek

DENVER – PRNewswire – Gershman Mortgage recently arranged and closed a financing structure for a medical office building at 36 Steele St. in Cherry Creek, bringing together two prominent plastic surgeons into a single, well-appointed space. It was the second leg of a previously closed purchase and renovation of the space completed …

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The Denver Post
BrokerageOffice

City Council to Lease Additional Space in The Denver Post Building

View here On Monday night, the Denver City Council signed a lease agreement to occupy nearly 47,000-square-feet of additional office space inside The Denver Post building. An 87-month, $11.2 million sublease amendment means that the city will also occupy the entire eighth floor as soon as Dec. 1, when The Post’s remaining …

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Greenwood Plaza
BrokerageMultifamily

Chicago-Based Waterton Acquires Greenwood Plaza

DENVER – Chicago-based Waterton, a U.S. real estate investor and operator, today announced it has acquired Greenwood Plaza, a 266-unit rental community located in Centennial — approximately 15 miles southeast of downtown Denver. Built in 1996, Greenwood Plaza includes a mix of one-, two- and three-bedroom apartments in a highly accessible …

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Downtown Denver
BrokerageOffice

Suburban Denver at The Top of U.S. Markets For Prime Office Occupancy Cost Increases

DENVER — Suburban Denver had the highest increase in prime office occupancy costs—which reflect rent, plus local taxes and service charges for the highest-quality, “prime” office properties—from Q1 2016 through Q1 2017, among the U.S. markets studied in CBRE Research’s latest annual Global Prime Office Occupancy Costs report. In addition to topping the …

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New Warehouse Construction
BrokerageConstruction

Warehouse Lease Pre-Commitments Reach New High in Denver

DENVER – Almost half of the 167 million square feet of U.S. warehouse space currently under construction—72 million square feet—is already pre-committed to tenants, primarily e-commerce, third-party logistics and retail users, according to a new report from CBRE Group, Inc. At 3.2 million square feet, Denver is ranked tenth in the nation for …

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Brokerage

Colorado Bidding Rules for Contractors

View here An article published by The National Law Review outlines some rules that all contractors should be aware of, before bidding on a project in Colorado. Rules relating to licensing, bonding, bid preferences for local contractors, local employment rules, bid shopping rules, bid mistakes, and bid protest issues are discussed. …

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