Transactions

JLL Sells 1550 W Evans for $7 Million JLL’s Industrial Capital Markets has completed the $7 million sale of 1550 West Evans Avenue on behalf of the seller, Colony Northstar. The buyer, Calhoun Street Industrial and Matrix Group, will assume the leasing and management of the property. “Strong fundamentals and …

HFF Announces $37.525M financing for 418-unit multi-housing community in Northglenn Holliday Fenoglio Fowler, L.P. (HFF) announced the $37.525 million in financing for Thistle Sage, a 418-unit, garden-style multi-housing community in Northglenn. Working exclusively on behalf of Jeffrey Sanders of Boulder-based Mountain View Capital, LLC, the HFF team secured the seven-year, fixed-rate …

Iconic Denver Apartment Building has Sold Colliers International Multifamily Advisory Group announced this week the sale of the AT Lewis and Rio Grande Lofts in downtown Denver. The mixed-use, 120-unit building boasts more than 43,000 square feet and spans three structures along Stout Street from the corner of the 16th Street Mall …

Radius Uptown Apartments sell for $134.97 Million  Radius Uptown Apartments, formerly Alexan Uptown, located at 1935 Logan St., has sold for $134.97 million according to Denver County Public Records. The 372-unit, 12-story complex was sold to Equity Residential by developer Trammell Crow Residential. The HFF investment advisory team representing the …

ARA Newmark Brokers $7.6 Million Multifamily Sale in Boulder ARA, A Newmark Company announced the $7.6 million sale of 2037 Walnut, a 26-unit, turn-key multifamily asset located one block from Pearl Street in Boulder. The sale resulted in a 4.38 percent cap rate. ARA Newmark Senior Managing Director Andy Hellman and …

Cushman & Wakefield Arranges Sale of Multi-Tenant Office Building in Colorado Springs Cushman & Wakefield announced the sale of  Chapel Hills Atrium, a recently renovated 79,295-square-foot, three-story office building located at 1125 Kelly Johnson Boulevard in Colorado Springs. According to Steve Schwab, managing principal of the firm’s Denver office, the …

Nexgen Properties Buys Highlands Ranch Medical Office Building Transwestern announced it provided disposition services for LNR in the sale of the EastRidge Medical Office Building at 6660 Timberline Road in Highlands Ranch. The 23,119-square-foot medical office property was purchased for $4.73 million by Greenwood Village-based NexGen Properties. Brad Cohen, Larry …

NavPoint Completes Sale of Brighton Mixed-Use Portfolio NavPoint Real Estate Group announced it has completed the sale of a mixed-use portfolio of four buildings on Main Street in Downtown Brighton, totaling 37,392 square feet. The first property closed in July 2017 while the last closed in July 2018. The portfolio consisted …

HFF Secures $118.5M Financing for Denver-area Mixed-use Property Holliday Fenoglio Fowler, L.P. (HFF) announced $118.5 million in financing for The Forum Fitzsimons, a mixed-use residential and retail property in the Denver. The HFF team representing the borrower included senior director Chris McColpin and managing director Josh Simon. The HFF team worked …

Pinnacle Announces Sale of 1690 Yarrow Street Pinnacle Real Estate Advisors, LLC announced the sale of 1690 Yarrow Street located in Lakewood. This unique sale included a 3,600-square-foot multifamily building plus a 900 square single-family home and traded hands for $1,095,000 ($243.33 per square foot). Principal JB Hochman and Associate Advisor …