BrokerageConstructionDevelopmentMultifamilyOfficeRetail

Joint Venture Receives Financing for S’PARK Railyards in Boulder

A joint venture between The John Buck Company, Kinship Capital and Element Properties, has secured $29.4 million in construction financing for S’PARK Railyards (Railyards), a 69,263-square-foot Class A office building in Boulder. JLL worked on behalf of a joint venture to secure the five-year, floating-rate construction loan through Wintrust Financial …

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BrokerageRetail

Nine Retail Properties Across Front Range Sell for a Combined $32.6M

Matthew Henrichs, Brad Lyons and Parker Brown with CBRE Capital Markets recently completed the individual sales of nine single-tenant, net-lease retail properties across the Front Range for a total of $32.6 million. Over the past nine months, the team has completed 21 single-tenant, net-lease sales totaling more than $84.86 million. According to CBRE’s …

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HealthHospitalityIndustrialInvestmentMultifamilyOfficeReportsRetail

Interest Rates Hit All-Time Low as Coronavirus Spreads

While the coronavirus will weigh on the U.S. economy in the first quarter, growth should be sustained. According to the Marcus & Millichap special report on the virus outbreak, expectations of weaker exports, reduced tourism and supply chain-related shortfalls will moderate the pace of economic growth. However, low unemployment and comparatively strong consumption levels should …

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BrokerageOfficeRetail

Office Property in Sought-After Bonnie Brae Neighborhood Sells for $1.5M

An office property located at 1280-1288 South Clayton Street in Denver’s Bonnie Brae neighborhood, has sold for $1.485 million. Monica Wiley and Jeff Wood with CBRE Capital Markets in Denver represented the seller, the Estate of Carol L. Bethune from Denver. Endo of Cherry Creek Properties, LLC, also from Denver, purchased the …

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AwardsBrokerageEventsIndustrialMultifamilyOfficeRetail

DMCAR Pays Tribute to “Heavy Hitters” in Commercial Real Estate

The Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2019 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 its Young Broker of Denver, Top Landlord companies in the …

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DevelopmentRetail

Dance-Cardio Fitness Studio Opening at LOT Twenty-Eight

LOT Twenty-Eight, an adaptive reuse project at the intersection of 28th and Blake Street in RiNo — which opened last summer — will welcome a new tenant at the end of March. AKT, the revolutionary dance-cardio fitness concept, will occupy a 2,009-square-foot space. AKT (Anna Kaiser Technique), a marriage of …

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BrokerageDevelopmentHospitalityOfficeRetail

Mixed-Use Development in Louisville Coming Summer 2020

South & Main, a new, 10,059-square-foot mixed-use development located at 957 Main Street in Louisville scheduled to be complete summer 2020, is officially available for lease. Molly Bayer, a senior associate with CBRE’s Retail practice in Boulder, is representing the property owner, Barbara Iglesias. Hartronfit is the architect for the …

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Retail

Aurora Retail Center Fetches $51.4M

PREP Property Group Inc. a Utah-based real estate company focused on creating value in retail real estate, recently acquired the Aurora City Place retail center in Aurora. The center is the latest property to be added to the PREP Strategic Investments portfolio. According to public records, the joint venture of Weingarten …

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DevelopmentReportsRetail

In-Migration and Retail Sales Boosting Self-Storage

Marcus and Millichap’s Self-Storage Investment Forecast report details how demand for self-storage will be bolstered by elevated net in-migration and above-average retail sales growth in 2020. In-migration to Denver has remained high since a cycle-high 40,500 residents moved in during 2015. An additional 22,260 people will move in during 2020. The prominent …

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MultifamilyRetail

Mixed-Use Property Sells on Bustling South Broadway

A mixed-use property located at 66-70 South Broadway in the trendy Baker neighborhood of Denver, has sold for $1.8 million to an undisclosed buyer. Robert Bratley with CBRE’s Denver office represented the seller in the sale that closed Feb. 6. “This is a rare mixed-use property with three apartments above retail, which is …

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