A partnership that views Denver as an international destination paid $56.5 million for a high-profile, 41-acre transit-oriented development site in Denver. The Fox North property at 4400 Fox St. houses the 320,000-square-foot former Denver Post printing facility. Vita Fox North LP, a partnership of Pure Development of Indianapolis and Mexico City-based Interland, bought the property from longtime owners Woodspear Properties and Ascendant Development Corp. “For us, Denver is at the forefront of international development,” said Pure Development Principal Tyler Morris. “We’re really excited to be part of what Denver has already done, be additive to that and do something exciting there on the site at Fox North.” “Located one block from the Fox Street RTD station and one stop away from Union Station, the site is one of the largest and most exciting urban TOD sites in the metro area,” said Eric Roth, CBRE senior vice president. “We are confident that the new ownership will be strategic in their vision to create placemaking and ultimately a special project,” said Roth, who represented the sellers with CBRE’s Martin Roth.

A California investor beat out the competition to acquire a newly completed Fort Collins apartment community for $21.83 million, or $232,181 per unit. Warm Springs Holdings LLC bought Copperleaf Place from a Brinkman affiliate that developed the apartments in 2018. The 94-unit property is located at 3425 S. Shield St. in southwestern Fort Collins. David…

Etkin Johnson Real Estate Partners signed a tenant for a new 136,610-square-foot speculative industrial/flex building at Louisville Corporate Campus, prompting construction of a second building in the campus. Charlotte’s Web Holdings Inc., a cannabidiol products company, signed a 10-year lease for 700 Tech Court. Dawn McCombs and Justin Rayburn of Avison Young represented the tenant.…

Jeff DeHartyVice President, producerNorthMarq Planning is paramount in developing strategic initiatives, increasing flexibility and reducing risk across all businesses and industries, including multifamily. As we pass the midyear milestone, reflecting on the multifamily market is a worthwhile endeavor for all developers, investors and lenders as they plan their next moves. With this in mind, our…

Developers from out of state, namely Texas, where real estate taxes are much higher, typically are pleased to see how low taxes are in Colorado.

Colorado Springs rewrites the rulebook on millennial appeal, creating a reputation as a hot spot for young professionals seeking a higher quality of life.

Denver (and most of the country) is coming up on 10 years of continued economic expansion.

A recent report by ATTOM Data Solutions announced Denver as the worst county for home affordability in the United States, as a percentage of income necessary to afford a median-priced home relative to historic averages.

As the population grows and land gets more expensive to develop, mixed-use projects are going to be the means of new development in the future.