BrokerageDevelopment

CRE Development: Denver 1 of 13 Emerging U.S. Markets as Innovation Center

View here The CRE market is benefiting from select, emerging U.S. markets that are being deemed as Innovation Centers characterized by population growth, active lifestyles and low-unemployment rates. [Editor Note: Denver was one of 13 cities across the U.S. highlighted] Published on Real Estate Forum Photo credit: Business Rewritten

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BrokerageDevelopment

CBRE Completes Sale of Ft. Logan Elementary Redeveloped by Habitat for Humanity

Sheridan, CO – CBRE Group, Inc., announced that the firm completed a transaction of the former home of Ft. Logan Elementary located at 3700 South Knox Court in Sheridan, Colorado. The former structure was no longer functional as an elementary school and the entire property will be redeveloped into affordable housing by …

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BrokerageDevelopment

CRE Transaction Risks per ADISA Panel

View Here The ADISA’s Spring Symposium held a panel focusing on the greatest CRE transaction risks including investor’s exit strategies, the relationship between interest rates and cap rates and a rising interest-rate environment. Published on GlobeSt.com Photo credit: Pixabay

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BrokerageDevelopmentIndustrial

From Classrooms to Class A: Transforming the 20-year Vacant Mapleton High School into Hub 25

Denver, CO – Westfield Company announced today the unveiling of Hub 25, a project that will deliver 421,500 square feet of new, Class A industrial space at the 20-year-vacant site of the former Mapleton High School in Central Denver. The development located on 23.76 acres near the junction of I-25 …

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BrokerageDevelopmentMultifamily

Recently Developed Boulder View Apartments Sets Record Per Bed Sale

Boulder, CO – CBRE Group, Inc., announced the sale of Boulder View Apartments located at 6655 Lookout Road in Northeast Boulder, Colorado. Dave Potarf, Dan Woodward and Matt Barnett of CBRE Denver Multifamily Investment Properties represented the seller, First Range Management of Boulder. LandBank Investments, LLC, of Menlo Park, California, purchased …

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BrokerageDevelopment

Commercial Mortgage Backed Securities – Outlook Fairly Good for Remainder 2016

View Here According to the research released by Trepp, CMBS delinquency rates were at 4.15% as of February 2016, down from a high of 10.34% in June 2012. The delinquency rates could affect the number of loan originations for the rest of 2016. Published on GlobeSt.com Photo credit: Trepp

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Transwestern brokers Independence Square
BrokerageDevelopmentRetail

Transwestern Brokers Sale of Shopping Center in Denver’s Northwest Submarket

Denver, CO – Transwestern’s Denver office represented the Ann Hurley Hodgdon Trust in the sale of Independence Square, located at 4980 and 4990 Kipling St. in Wheat Ridge, Colorado. The 43,770-square-foot shopping center was acquired by an undisclosed family trust. Managing Directors Brad Cohen and Larry Thiel of Transwestern’s Denver Capital …

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BrokerageDevelopmentMultifamily

New Class A Construction in High-Growth Aurora Atrracts Arterra Place Apartment Community Buyer

Denver, CO – CBRE Group, Inc., announced today the sale of Arterra Place apartment community located at 17036 East Ohio Drive in Aurora, Colorado. Dave Potarf, Dan Woodward and Matt Barnett of CBRE Denver Multifamily Investment Properties represented the seller, Jordon Perlmutter & Co. of Denver. LandBank Investments, LLC, of Menlo …

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BrokerageDevelopmentOffice

Essex Originates $5.0 Million Acquisition Loan

Denver, CO – Essex Financial Group has arranged a $5.0 million non-recourse loan for the acquisition of the Wheeler Block Building.  The Wheeler Block Building is a 6-story, 33,000 square foot brick and timber office building located in Denver’s vibrant Lower Highlands neighborhood.  The Wheeler Block Building was ~75% occupied at closing. …

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Marcus & Millichap Complete Sale Mimi's Cafe
BrokerageDevelopmentRetail

Marcus & Millichap Completes Sale Mimi’s Cafe

Colorado Springs, CO – Marcus & Millichap, commercial real estate investment services firm, announced the sale of a net leased Mimi’s Cafe located in Colorado Springs, Colo., according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $3,362,500. The seller, a limited liability company, was …

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