Wedge Brands plans facility at Colorado Outdoor campus

The largest opportunity zone venture investment to date in the country is spurring development in Montrose. Colorado Outdoors Pearl Fund LP invested $1 million from its newly formed qualified opportunity zone business fund into outdoor industry holding company Wedge Brands LLC, which announced plans to build a 76,000-square-foot distribution and third-party logistics center on the […]

Jennifer Hayes

May 25, 2020

Value-add industrial property trades for $3.25 million

A local buyer acquired a value-add industrial property in the heart of Denver’s central submarket for $3.25 million. The more-than-30,000-square foot multitenant property at 5830 Downing St. was purchased by 5830 Downing Street LLC, which is planning improvements to the asset. “While the property had a prime location and multitenant industrial components, it had no […]

Jennifer Hayes

May 24, 2020

Two tenants fill remaining space at 500 W. 53rd Place

A pair of tenants have signed leases at 500 W. 53rd Place in Denver – bringing the 112,509-square-foot industrial facility to full occupancy. Threewit Cooper-Cement Co., a Denver-based masonry building product supplier, leased 25,208 sf and Hajoca Corp., the nation’s largest, privately held whole distributor of plumbing, heating, cooling and industrial supplies, leased 39,202 sf. […]

Jennifer Hayes

May 21, 2020

First tenants sign on to join JAG @ DEN

One of the first industrial opportunity zone projects out of the ground in the United States has its first two tenants. JAG Logistics Center @ DEN, a 250-acre industrial park immediately south of Denver International Airport in Aurora has signed Air General and a second international cargo and logistics company to long-term leases totaling more […]

Jennifer Hayes

May 18, 2020

Local investor acquires Denver apartment community

A Denver investor recently acquired a 12-unit community at a price of more than $216,000 per unit. The buyer, Vince Knight 2020 LLC, purchased the community at 1325 Madison St. in Denver from Fins Frathouse LLC. It paid $2.6 million, or $216,250 per unit and $315 per square foot, for the community, which had a […]

Jennifer Hayes

May 17, 2020

Denver apartments sell for $31.1 million

Elterra Investments traded out of a trio of smaller central Denver apartment properties and into the 78-unit Garfield Park apartments. The private, local investor paid $18.9 million for Garfield Park, located at 1300 and 1325 Garfield St. in Denver’s Congress Park neighborhood. Robert Bratley of CBRE represented Elterra Investments in the acquisition as well as […]

Jennifer Hayes

May 11, 2020

Arapahoe Plaza East II office building sells for $3.53M

A multitenant office building along the Arapahoe Road corridor sold for $3.53 million. Arapahoe Plaza East II, a 29,140-square-foot office building at 7955 E. Arapahoe Court in Centennial, sold to 7955 Arapahoe Partners LLC and Welsh Family Trust, according to public records. It was sold by 7955 E Arapahoe Court LLC.

Jennifer Hayes

May 10, 2020

AMLI plans 300-plus-unit community at the heart of Broadway Park area

AMLI Residential acquired a 2.68-acre parcel along South Broadway where its planning a 300-unit-plus apartment community. AMLI purchased the site at the heart of Broadway Park – a mixed-use infill redevelopment totaling 75 acres and entitled up for up to 10 million square feet of future development. AMLI plans a 300-plus-unit multifamily property on the […]

Jennifer Hayes

May 4, 2020

Black Creek Group buys in Montbello

A Denver-based real estate investment management firm grew its local holdings with its purchase of a second-generation industrial building in the Montbello Industrial Park. Black Creek Group paid $12.25 million, according to public records, for the 151,929-square-foot building on 6.21 acres at 5000 Lima St. in Denver. “Black Creek has been a big fan of […]

Jennifer Hayes

May 4, 2020

California buyer makes first Colo. purchase in the Springs

A California investment group made its first Colorado acquisition with its purchase of a value-add Colorado Springs apartment community. PLC Apartments of Newport Beach, California, paid $21.9 million, or $130,357 per unit, for The Centre Apartments. Located at 1921 E. Van Buren St., the 168-community, built in 1952, was a sought-after asset by both in-…

Jennifer Hayes

April 27, 2020

Jennifer Hayes has been an editor with the CREJ since 2000. Jennifer covers multifamily and industrial news in the Denver metro area plus all property types in Colorado Springs, Southern Colorado, mountain towns and the Western Slope. She also handles High Fives news for the paper and is editor of the Health Care & Senior Housing Quarterly. Before joining the Colorado Real Estate Journal, Jennifer served as the assistant sports information director at Texas A&M-Commerce. She earned her bachelor's degree in broadcast journalism from the University of Colorado and a master's degree in education from A&M-Commerce. Jennifer enjoys spending time with her husband and son, learning the ways of being a hockey mom, sports, reading and baking.