IKEA Looks to Broomfield for Potential Second Location
Broomfield, CO – IKEA recently announced it has identified a site in Broomfield, Colorado for a potential second Denver-area store. IKEA has not yet determined an exact timeframe for submitting specific store plans or for actually opening the store. However, the city has begun the process of incorporating IKEA into the …
The Avalanche Harley-Davidson Groundbreaking Set for Mid-August at Gateway Village at Red Rocks
Golden, CO – NavPoint Real Estate Group is pleased to announce the August 18th groundbreaking of a new 60,000 square foot Avalanche Harley-Davidson Dealership sitting on 5 acres at Gateway Village at Red Rocks. Once opened, Avalanche Harley-Davidson will employ up to 90 people and hold more than 100 events …
Multi-Tenant Retail Strip in Centennial Sells for $2.5M
Centennial, CO– Marcus & Millichap brokered the sale of Arapahoe Shoppes, a 12,768-square foot multi-tenant retail property located in Centennial, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $2,503,770 or $196 per square foot. Bob Kaplan and Brandon Kramer, senior investment …
Market Insight: Global Green Building Materials Market to Reach $255 Billion by 2020
View here In the latest report released by Zion Research, the global green building materials market is set to reach $255 billion by 2020. Driving factors include government regulations for sustainable construction, and greater awareness of environmental issues. Building sectors such as public facilities, commercial, education and industrial drove demand for …
Update on Proposed TOD Orchard Station in Greenwood Village
View here Alberta Development Partners has reportedly removed its master development plan for Orchard Station, a planned transit-oriented development set to break ground in Greenwood Village. Rendering courtesy of Alberta Development Partners, LLC
FirstBank Finances $24.3M Construction Loan for DeLo Apartments
Louisville, CO – FirstBank is financing a $24.3 million loan for DeLo Apartments, LLC. The loan will help build a 115,000 sq. ft. luxury apartment complex, featuring 130 units in the newly redeveloped Downtown East Louisville neighborhood (referred to as “DeLo”). The apartment development, located on a 12.6 acre plot …
Cherry Creek North Adds Boutique Office Building to the Neighborhood
Denver, CO – Schnitzer West formed a joint venture with institutional investors advised by J.P. Morgan Asset Management to develop Civica Cherry Creek, a seven‐story boutique office building in Denver, Colorado. Located in the Cherry Creek North neighborhood of Denver, Civica Cherry Creek will feature 100,500 square feet of office space and 11,500 …
Lincoln Meadows Shopping Center Sells $2.95M
Parker, CO – Marcus & Millichap announced the sale of Lincoln Meadows, a 10,010-square foot retail property located in Parker, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $2,950,000 or $295 per square foot. Cory Gross, a senior associate in Marcus …
ACE Hardware in Englewood Sold for $2.6M
Denver, CO – The Edwards Ethington Team of Pinnacle Real Estate Advisors arranged the sale of the highly visible two building, single tenant Ace Hardware located at 4509 S Broadway in Englewood, CO. A&A Trading Post, the first Ace Hardware franchisee in Colorado, has been at this location for 60+ …
TOD Orchard Station Coming to Greenwood Village
by Julie Wanzer, LEED AP Greenwood Village, CO – A new transit-oriented development (TOD) in Greenwood Village has been unveiled by Alberta Development Partners. This type of development first took center stage in 2006 when the City and County of Denver released its TOD Strategic Plan to help guide TOD related …