Hackman Capital Partners Sells 140K SF Industrial Property in Commerce City
Commerce City, CO – Hackman Capital Partners, LLC and Calare Properties, Inc. recently sold 9410 Heinz Way to an affiliate of Gramercy Property Trust, a New York based global investor and asset manager of commercial real estate. The 140,630-square-foot industrial facility was built in 2005 for current tenant Home Depot and is …
GKT Writer Square LLC Purchases Writer Square for $96M
View here GKT Writer Square LLC, an affiliate of Kroenke Sports & Entertainment, purchased downtown Denver’s Writer Square for $96 million. The mixed-use property includes retail and office space, and is currently 97% leased per Unico. Geoff Baukol from the CBRE Denver office represented the seller in the transaction. Image courtesy of …
$189.5M Combined Sale of Three Northern Metro Denver Multifamily Complexes
View here The northern Colorado multifamily market remains strong with three multifamily complexes recently sold for a combined $189.5 million. Two of the properties are in Broomfield and one in Brighton. ARA, A Newmark Company, and CBRE facilitated these deals. Image: Arista Uptown in Broomfield which sold for $65M, courtesy …
Koelbel & Co. Breaks Ground at Centennial Valley Business Park
Denver, CO – Denver-based Koelbel and Company has broken ground on a two-story, class A office project at 168 Centennial Parkway in Louisville, Colorado. The 57,700-sq.-ft. speculative building is expected to deliver in Q2 2017. 168 Centennial Parkway will be located in Centennial Valley Business Park. The two-story, 57,700-sq.-ft. class A …
Tech Continues to Drive Denver Office Market per CBRE’S Annual Tech-Thirty List
Denver, CO – Denver continues to have one of the strongest technology sectors in North America according to CBRE’s annual Tech-Thirty list, which analyzes the 30 leading technology markets in the U.S. and Canada in terms of high-tech software/services job growth. The Denver highlights include: Denver lands at no.24 on the …
Denver featured in Forbes in ‘Marijuana Legalization Is Really A Real Estate Story’
View here Denver’s legalized marijuana industry is featured in an article featured in Forbes entitled Marijuana Legalization Is Really A Real Estate Story. The article quotes reports from CBRE and Marcus & Millichap regarding the growth of the industrial market due to the legalization of marijuana in Colorado. Stock photo courtesy of …
Rob Link Joins CBRE as Executive Vice President
Denver, CO – CBRE recently announced that Rob Link has joined the firm’s Denver office as Executive Vice President. Mr. Link is one of the top corporate real estate advisory professionals in the metro area. Now part of CBRE’s market-leading Transaction & Advisory Services | Occupier group, he will continue to focus on …
Griffis/Blessing Purchases Glenbrook Apartments in Denver
DENVER, CO – Griffis/Blessing, Inc., finalized the acquisition of Glenbrook Apartments located in southeast Denver, CO on November 1st. Glenbrook is a 252-unit, garden-style multifamily community built in 1985 that is comprised of studios, one- and two-bedroom apartment homes, averaging 752 square feet. The community offers residents an outdoor swimming pool, …
Pacific Acquisitions’ Affiliate Acquires 4th New CO Asset
Denver, CO – CBRE Group, Inc. recently announced the closing of the fourth in a series of recent acquisitions by affiliates of Pacific Acquisitions of Anchorage, Alaska. This $6.35 million purchase of the Matheson Building in Longmont, Colorado, follows the commercial property investment and management firm’s Aug. 3, 2016, purchase of …
Construction of New CDOT Region 2 Headquarters in Pueblo Nearing Start
Pueblo, CO – Back on September 15th, the Colorado Transportation Commission approved the $28 million spending budget for CDOT’s new regional headquarters in north Pueblo. Construction is set to start in November or December and is expected to take about 18 months to complete. CDOT plans to move into the …