Grocery-Anchored Retail Center on Federal Blvd Fetches $14.9M
Brentwood Center, a 33,494-square-foot retail shopping center consisting of eight buildings on 13.36 acres in Southwest Denver, has sold for $14.9 million. According to CoStar, Brentwood Center is the largest retail property to sell in Denver this year and the largest since 2016. The property is located at 1951, 2095, & …
Trammell Crow Acquires 89.6-Acre Site for Class A Industrial Park
Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, along with capital partner Clarion Partners, LLC, has closed on the land that will be used to build 104th Commerce Park, a 1.17-million-square-foot industrial park located at 104th Avenue, just east of the intersection …
New Age-in-Place Community Coming to Denver
In response to the increased demand for more senior living, Ryan Companies US, Inc. and Cadence Living are expanding the Acoya brand into Denver. Construction will begin soon on a 156,622-gross-square-foot, 137-unit, age-in-place community — the partnership’s third Acoya location and first community in Colorado. “The Acoya brand is focused on …
Industrial Project Planned for 20-Acre Industrial Site in Broomfield
Joint venture Stockbridge Capital Group and Lincoln Property Company have acquired Park 36, a 20-acre site in Broomfield. The site features a newly constructed 139,876-square-foot Class A industrial warehouse building and the joint venture plans to add two additional warehouse buildings totaling 134,400-square-feet. Financial terms of the acquisition were undisclosed. Building …
Avison Young Release Denver Market Forecast for 2021
In 2020, Denver remained in the top twenty markets for total investment volume for the year ending in 3Q 2020, with large deals occurring across the sectors even amidst the pandemic. And, according to the Avison Young market forecast for Denver in 2021, Denver’s investor interest will likely persist next year, …
Peloton Signs Industrial Lease in Denver
Comunale Properties, a privately-owned, fully-integrated real estate company with offices in Denver, has signed its first lease at newly completed Central Connection (the “Project”). Peloton, the at-home interactive fitness platform, will occupy 50,649 square feet in the west side of “Building A.” The centrally located industrial space will further add to Peloton’s …
Construction of CSU Bug Lab Now Complete
GH Phipps has successfully completed Colorado State University’s new Center for Vector-Borne Infectious Diseases (CVID), fondly referred to by the team as the “Bug Lab.” The new $22 million, 41,000-square-foot research facility broke ground in June, 2018 and officially opened October 15, 2020. CVID is home to the Department of Microbiology, Immunology and …
TTLC Acquires 7 Acres in Adams County for Duplex Development
The True Life Companies (TTLC), a real estate private equity firm focused on repurposing underutilized property to create new housing options in high-need U.S. markets, has acquired seven acres of land in Adams County, the newest addition to its portfolio. The firm has identified a prime location for the development of …
Avenida Partners Embraces New Tech to Improve Safety of Amenity Spaces
By Autymn Rubal, special projects manager with CFC Construction During a global pandemic, community gathering spaces become higher-risk environments. Communities worldwide need to determine best practices for safely reopening these spaces. The hurdles to reopening appear even more challenging against the backdrop of an economic recession, when every business must strive to make …
Residential Village Breaks Ground at Centerra
McWhinney has broken ground on the new Kinston residential village at Centerra in Loveland. Spanning 630 acres, Kinston will offer 2,800 home sites and accommodate nearly 8,000 residents by the time of completion within the next 10-15 years. Located at the epicenter of northern Colorado, Kinston represents a significant milestone in …