BrokerageDevelopmentLand SalesMultifamily

$23M Sale of 6.31-Acre Site in DTC Underscores Demand for Multifamily Product in Metro Denver

Denver-based commercial real estate firm EverWest Real Estate Investors has sold a 6.31-acre site in the heart of the Denver Tech Center submarket, for the planned development of a new Class A, mixed-use multifamily community. At $23 million, the sale underscores the ongoing demand for metro Denver multifamily product. The …

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Affordable HousingArchitectureConstructionDevelopmentMultifamily

Pinkard Completes Spoke on Coffman Affordable Housing 

Boulder County Housing Authority (BCHA), with Pinkard Construction and RNN Architects, has completed construction on the Spoke on Coffman. A ground-up, mixed-use affordable housing complex. The $28.8 million project consists of 73 affordable housing units including 59 one-bedroom homes; 10 two-bedroom homes; and four three-bedroom homes. Additionally, there is 10,000 square feet …

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ConstructionDevelopmentOffice

200 Clayton in Cherry Creek North Tops Out

According to Colorado-based developer Broe Real Estate Group, 200 Clayton, an eight-story mixed-use project adding 76,000 square feet of Class A office space to the highly coveted Cherry Creek North market, has reached its steel structure topping off. Prominently positioned at “Main and Main” in the heart of Cherry Creek North, …

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BrokerageDevelopmentIndustrial

Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park

CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger …

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ArchitectureBrokerageDevelopmentIndustrial

Target Fully Leases Prologis Broadway Distribution Center in Denver

Prologis, the global leader in logistics real estate, has fully leased its Broadway Distribution Center, a brand new 141,524-square-foot Class A industrial/distribution building located at 6300 North Broadway in Denver, to Target Corporation. Steve Hager, Matt Trone, SIOR, and Joey Trinkle with Cushman & Wakefield together with Keiffer Garton, vice president …

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ConstructionDevelopmentHospitalityRetailTransit

128-Room Residence Inn Planned for Hotel-Ready Site in Arvada

Raymond Management Company (RMC), a premiere hospitality development and management company out of Madison, Wisconsin, has purchased a 2.09-acre hotel pad site in Olde Town Arvada at the southeast corner of Vance Street at 56th Avenue, from Trammell Crow Company (TCC). The site is development-ready including all grading, draining, utilities and landscaping necessary to begin vertical …

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Amazon Fulfillment Center_Aurora CO
BrokerageConstructionDevelopmentIndustrial

Amazon Industrial Warehouse Transactions in 2022 Among Largest on Record

B+E, a modern investment brokerage firm specializing in net lease real estate and 1031 exchanges, has released its Net Lease Industrial Report on Amazon. Key Points: Amazon industrial warehouse transactions in the first half of 2022 have included some of the largest trades on record. Amazon increased its number of …

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ArchitectureDevelopmentMultifamily

Sought-After Property at the Southwest Corner of Colorado and I-25 to be Redeveloped

Denver-based real estate development and investment duo Forum Investment Group and Brookhaven Capital Partners have purchased a marquee, 2.6-acre site at the southwest corner of Colorado Boulevard and I-25, currently home to a La Quinta Inn and free-standing Perkins restaurant. Forum plans to develop a 5-story, 300-unit multifamily community according to a press release. A …

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ArchitectureConstructionDevelopmentMultifamily

Carraway on Penn Tops Out in Platt Park Neighborhood

Pinkard Construction and OZ Architecture have completed the external structure for Carraway on Penn, a new 42-unit, approximately 34,619-square-foot multifamily residential property, with a focus on small unit sizes with lower monthly gross rents. The project is located just two blocks from the Louisiana/Pearl light rail station in Denver’s desirable Platt Park neighborhood. Confluent …

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DevelopmentMultifamilyRetailTransit

Aspen Grove Shopping Center to Add Mixed-Use Community

Aspen Grove Shopping Center owner Gerrity is planning to redevelop a portion of the aging 268,000-square-foot open-air retail property — located on the southeast corner adjacent to the RTD Mineral Ave Light Rail station — into a transit-oriented, mixed-use retail center. According to Getty, the project is getting an enthusiastic response from both …

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