Todd Smith, PE, LEED AP, was appointed as executive vice president of R&R Engineers-Surveyors Inc.

Construction has begun on Colorado’s first large-scale apartment community to break ground under the newly created opportunity zone program. Legacy Partners and Griffin Capital Co. recently closed on the 4.52-acre site at 1363 N. Victor St., where the development of Legacy at Fitz, a five-story, 363-unit community, is occurring. 

An Idaho-based real estate investment company expanded its Colorado presence with its purchase of The Presidio.

GSI Enterprises Inc. paid $152.09 per square foot for Cottonwood Square, a 59,175-sf retail, office and medical property at 2809-2873 Dublin Blvd. and 6455 N. Union Blvd.

Equity Residential continues to grow its metro Denver multifamily portfolio – most recently with its purchase of The Brodie, a 312-unit, newly built apartment complex in Westminster.

A Safeway shadow-anchored center in Northglenn recently sold for $5.22 million. A local, private buyer purchased Washington Point, a 36,442-square-foot retail center at 540 E. 120th Ave. in Northglenn. Constructed in the late 1990s, Washington Point was 92% occupied at the time of closing. The largest tenant at the center is ARC Thrift, which occupies…

Scandic Capital LLC paid $291,071 per unit for the Caliber at Cornerstar, a 140-unit community completed last year at 15930 E. Briarwood Circle.

A buyer making its second purchase in Colorado Springs purchased an “untouched” value-add opportunity. Monarch REI LLC paid $19.5 million, according to public records, for the 180-unit Lincoln Springs Apartments at 1170 S. Chelton Road. “Our buyer is very excited about the addition of this value-add apartment complex to their portfolio. They plan on making…

A national real estate investment trust that owns and operates a portfolio of open-air shopping centers recently purchased a King Soopers-anchored center in Englewood. Brixmor paid $17.9 million for the Centennial Shopping Center at 5050 S. Federal Blvd., according to public records. Centennial S C LLC was the seller. The 113,660-square-foot center included King Soopers…

Robin Ault, AIA, LEED AP, joined Perkins + Will as design director. As the most senior design position at the firm, the design director is responsible for leading and overseeing all design work; collaborating with in-house teams and clients; and ensuring clients have access to the firm’s broader resources.  Under Ault’s design leadership, the Denver […]