Schuman Companies Buys South Parcel of Loveland Yards for $12.3M
A 146,100-square-foot south parcel at Loveland Yards in Loveland has been sold for $12.3 million. The purchase completes Schuman Companies’ acquisition of the former Loveland Outlets site, after buying the north parcel in November 2022. Melissa Moran and Jon Rue with CBRE’s Fort Collins office arranged the sale and …
Forum Investment Group and Mass Equities Acquire Land in Erie for Future Multifamily Development
Forum Investment Group LLC, a Denver-based real estate development and investment firm, and Mass Equities Inc. have purchased a 4.5-acre site in Erie, with plans to develop a six-building, 206-unit, multifamily community named Antelo. “Forum is excited to partner with MEQ on this development opportunity,” said Rich Wilson, Forum’s senior …
59-Acre Vacant Parcel Near Denver Federal Center Sells for $30M
After nearly a decade of on-again, off-again negotiations, a 59-acre piece of vacant land at 6th and Union Blvd in Lakewood, owned by the U.S. General Services Association (GSA), sold this month for $30 million to Lincoln Property Company. The site, which is adjacent to the Denver Federal Center, is …
Over 10,000 Acres of Vacant Land Available for Development in Denver
Urban prosperity is closely related to the fundamental issue of unused or underutilized land distribution in cities, which ultimately has the potential to bring in opportunities for economic growth and sustain housing needs. With that in mind, CommercialCafe just published a city-wide analysis of vacant land availability and construction activity …
Embrey to Build 283-Unit Apartment Community on Leetsdale Drive
San Antonio-based Embrey, a diversified real estate investment company, has purchased 5231 Leetsdale, a 219,562-square-foot (5.04 ac) land property in Denver. A sale price was not disclosed. The site is home to a small retail strip building and a hardwood flooring company. Embrey plans to demolish the buildings and build a …
Kentro Group Acquires 24 Acres in Loveland for Residential Development
Kentro Group, a Denver-based real estate developer offering all aspects of retail real estate, acquisitions, development, finance, leasing and select property management, has acquired ±24 acres of land on two adjacent parcels in Loveland. The developer plans to construct a new residential project on the property. Located at the southwest …
Five-Property Portfolio Near Meow Wolf Denver Sells for $7.35M
A five-property portfolio west of I-25 in Denver’s Lincoln Park neighborhood, comprised of five addresses along seven parcels of land, has sold to KSE Revesco Zuni, LLLP, for $7.35 million. The properties including 1380 and 1432 N Zuni St. and 1940, 1948 and 1950 W 14th Ave, consist of three …
Lovett Industrial Acquires 15 Acres in Denver for Industrial Development
Houston-based real estate investment firm Lovett Industrial closed on 14.95 acres of land in Denver in early September 2022, and in November, broke ground on Broadway Logistics Center, a 201,329-square-foot Class A front-park rear-load building. “The Denver MSA’s population growth shows no signs of slowing. Broadway Logistics Center is uniquely positioned …
$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 …
PepsiCo Acquires 152 Acres for the Construction of 1.2M SQFT Manufacturing Facility
PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million-square-foot manufacturing facility that is set to be the largest, most sustainable PepsiCo Beverages North America plant in the U.S. PepsiCo purchased the site from Westside …