Investment

With increased competition among investors for industrial product, JLL Capital Markets has found an important sub-class that is gaining investor interest — multi-use logistics. Typically older multi-tenant assets with solid footprints within infill urban logistics markets, these assets often contain distribution, flex showroom, industrial showroom, R&D, warehouse and/or manufacturing space and …

Boulder-based Tepuy Properties, a real estate syndicator and property management company, has purchased 1 Park St. in Broomfield, a 26,400-square-foot single-story industrial building, for $1.75 million. Located just off Highway 36 and the Interlocken Loop, the property has suffered significant hail, fire and water damage, as well as other neglect. “I’ve been looking for …

Westcore Properties, a San Diego-based real estate investment firm, has purchased a four-property industrial portfolio in the Western United States, including a distribution facility in Englewood, Colorado. The properties total 704,065 square feet and are located in prime distribution corridors across the western United States. The assets are located at 14101 …

Given the rapid growth in the Candelas master-planned community in Arvada, there is a strong need for additional nearby healthcare services. To meet this demand, Mortenson Development, Inc. has topped out on a new 43,732-square-foot Class A medical office building for SCL Health, at the intersection of West 91st Place and …

Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, has changed hands. Los Angeles-based private investment firm, Gelt, Inc., purchased the property for $100.5 million, adding to its growing portfolio in the Denver region which now totals more than 2,600 units. “Regatta provided all …

Boulder-based Tepuy Properties, a real estate syndicate and property manager, recently acquired a 68,400-square-foot property at Broomfield’s Interlocken Business Park for $11 million, marking its largest acquisition to date. Tepuy acquired the three flex/industrial buildings, located at 100 Technology Drive, from Real Capital Solutions Inc. Tepuy also owns a similar single-story, 65,000-square-foot flex building at …

Nexus Commercial Realty, a Denver-based commercial multi-family investment sales firm, is joining forces with Charlotte, NC-based Capstone Companies, the country’s largest privately owned multi-family investment sales brokerage. Founded in 2017 by Adam Riddle and Jason Koch, Nexus specializes in multi-housing investment sales brokerage and advisory services for existing assets and …

Restoration Hardware (RH), a curator of design, taste and style in the luxury lifestyle market, announced it is making an initial equity investment of approximately $105 million in connection with real estate development initiatives in Aspen. The investment includes properties that will be developed into retail locations, hospitality concepts, residential …

The Townhouses at Cherry Creek North, a luxury multifamily community located at 101 Harrison Street in Denver, has sold for $6.9 million, or $575,000 per unit – representing the most expensive per-unit, arms-length multifamily transaction recorded in Denver. Erik Toll of Pinnacle Real Estate Advisors LLC.represented the seller and buyer …

By Blaire Butler and Peter Keepper, Essex Financial Group As the presidential election concludes, commercial real estate investors are now strategizing for the future impacts of new taxation policies under a different administration. It is worth prefacing this article with the fact that these changes/proposals are all preliminary at this point, as there …