DMCAR Announces Heavy Hitters Award Winners
During a virtual awards ceremony held on Friday March 5, the Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2020 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. In addition, DMCAR recognized …
3-Building Office Complex in Colorado Springs Sells for $11M
Garden Gateway Plaza, a three-building office complex in Colorado Springs, has sold to Idaho-based Alturas Capital in an off-market transaction, for $11.2 million. Located at 1355, 1357 and 1365 Garden of the Gods Road, Garden Gateway Plaza totals 115,052 square feet on 7.42 acres. The property was 92 percent leased at …
Energy Efficient Building in Golden Sells for $30.5M
Signature Centre, a five-story Class A office building located at 14143 Denver West Parkway in Golden, has sold to Vista Investment Group for $30.475 million, marking the Los Angeles-based real estate investment firm’s entry into Colorado. Vista plans to pursue increasingly larger, core-plus, value-add and distressed opportunities throughout the Western states …
Lakewood Office Building Revitalized
Bartell and Company Real Estate, a professional real estate services firm that specializes in navigating the most complex real estate situations, has completed the renovation and revitalization of 274 Union Point, a 41,000-square-foot, 4-story office building located at 274 Union Blvd in Lakewood. Construction was done by Aberdeen Construction and the design was …
Abel Design Group Completes Sports-Themed HQ in LoDo
Abel Design Group recently designed the Denver HQ for PointsBet, a premier global sportsbook operator based in Australia. The new headquarters, which offers views of Coors Field, will serve as the company’s western base of U.S. operations, maintaining a focus on product innovation, development, and technology recruitment. “Designing the PointsBet Headquarters …
Aberdeen Construction Completes Clifton Larson Allen Office Space
Speed to occupancy was the primary requirement for Greenwood Village’s Clifton Larson Allen (CLA), at Crescent 7, a Class A office building at 8390 East Crescent Parkway. The financial services firm had a move-in date only twelve weeks from the start of construction post demolition. Denver-based Aberdeen Construction, specializing in tenant …
RiNo Office Building Sells for $3.2M
A 10,353-square-foot, 2-story office asset located at 3675 Wynkoop Street in Denver’s RiNo neighborhood has changed hands. RiNo Wynkoop Investors, LLC, a California-based investor purchased the property for $3.15 million, according to Pinnacle Real Estate Advisors. According to the Denver Post, the fully renovated property was formerly occupied by Helikon Gallery …
Office Tower in the Denver Tech Center Sells for $74.3M
Joint venture Miller Global Properties, LLC and Principal Real Estate Investors has purchased 4600 S. Syracuse, a 304,059-square-foot Class A office tower, just minutes from the Belleview light rail station. The property sold for $74.3 million, according to public records. Completed in 1999 and renovated in 2013, 4600 S. Syracuse offers desirable …
Granite Properties Launches Flexible Office Leasing Solution
As many companies review their plans to return to the office, Granite Properties has launched evolve, a new platform of office and leasing solutions that provides a maximum amount of flexibility, offering conventional, move-in ready, on-demand, short-term, and co-working space. The new platform allows companies to tailor their workspace to their …
Sale of Colorado Springs Office Complex Provides 320% ROI
Younan Properties, a privately held real estate investment and management company, has sold NorthCreek Office Complex, a three-property park encompassing 325,208 rentable square feet in Colorado Springs. Younan Properties purchased NorthCreek in 2015 for $15.8 million from LNR Property part of Starwood Property trust (NYSE: STWD), and sold the complex …