7909 S. Chambers

Single-tenant industrial building with yard fetches $12.38M

A 52,000-square-foot industrial building on a nearly 8-acre site in Centennial changed hands at a price of $12.38 million. The state-of-the-art building at 7909 S. Chambers Road in Dove Valley Business Park was built in 2018 for a nationally recognized tenant, RoadSafe Traffic Systems. It sits on 7.94 acres with a large, fenced yard. Records…

Jill Jamieson-Nichols

June 21, 2019
Northwest 36

Northwest 36 to create business incubator/office tech space

New business incubator/office tech space is coming to an 11-acre site next to Arista in Broomfield. Local development group GRVS LLC plans to start construction of the approximately 50,000-square-foot first phase of Northwest 36 this month. The project will cater to businesses looking to acquire spaces as small as 1,600 sf, up to standalone buildings…

Jill Jamieson-Nichols

June 20, 2019
Airways Business Center

Interest in Airways buildings is sky-high

Four Class A distribution buildings at Airways Business Center produced a feeding frenzy among investors before selling to a real estate investment trust for $48.27 million. Records show EastGroup Properties paid $126.32 per square foot for Buildings 2, 4, 5 and 6, which account for 382,137 sf of space in Denver’s leading industrial submarket. “I…

Jill Jamieson-Nichols

June 16, 2019

Local accountant ups his investments with Monaco Tower

A value-add office building in Glendale sold to a local accountant for $5.8 million, or $91.82 per square foot. Benjamin Borgers bought Monaco Tower, a six-story, 63,170-sf building at 925 S. Niagara St., from an entity managed by Stabilis Capital Management LP. Stabilis modernized the building systems and infrastructure after acquiring the property in 2014…

Jill Jamieson-Nichols

June 15, 2019
13575 E. 37th Ave.

Karis Capital fills niches with two industrial developments

A Chicago area company that seeks to fill a niche with each of its projects has $85 million worth of industrial deals in the pipeline in Denver. Karis Capital is under construction on a 163,790-square-foot front-park, rear-load building with trailer parking for tenants as small as 40,000 square feet at 1910 N. Gun Club Road…

Jill Jamieson-Nichols

June 14, 2019
Greens at Van de Water

Loveland apartments sell in $206.5 million portfolio deal

The Lake Vista and Greens at Van de Water apartment communities in Loveland sold as part of a $206.5 million portfolio deal that also included Arbour Square in Westminster. Colorado Multifamily Portfolio DST, sponsored by Inland Private Capital Corp., sold the 855-unit portfolio to Blackstone Real Estate Income Trust, according to public records. “The sale…

Jill Jamieson-Nichols

June 14, 2019

Hotel developer checks into Broomfield with Home2 Suites

A Dallas-based hotel development company is checking into the Denver market with plans for a Home2 Suites by Hilton in Broomfield. Fayth Hospitality Group LLC, led by hotel industry veterans Greg Fay and Randy Churchey, expects to break ground on the 107-suite hotel at 505 Zang St. this summer. Opening is targeted for summer 2020.…

Jill Jamieson-Nichols

June 14, 2019
Gateway Building 21

Clarion buys more industrial assets from Pauls

Clarion Partners, which completed a record-setting industrial acquisition in the Denver market last year, has acquired more than $78 million in additional properties from the same seller. The Pauls Corp., which sold its 1.93 million-square-foot industrial portfolio at Gateway Park in Aurora to Clarion for $206.06 million last year, sold the additional assets to Clarion…

Jill Jamieson-Nichols

June 13, 2019

Watershed to bridge office space with outdoors in RiNo

Koelbel and Co., along with L&M Capital, is creating a new option for office and retail users in River North with Watershed, a nine-story building with outdoor spaces cascading toward the South Platte River. The approximately $72 million development at 3555 Brighton Blvd. is moving toward groundbreaking in early 2020 and opening in mid-2021. It…

Jill Jamieson-Nichols

June 7, 2019
3420 E. Harmony

Tech-centric office building trades for $20.99 million

McWhinney recently acquired a Class A office building on the Harmony Road corridor for $20.99 million, or $116.87 per square foot. The 179,688-sf building at 3420 E. Harmony Road in Fort Collins is 100% leased to telecommunications provider Comcast and two strong technology companies: Madwire and Micro Focus. “We’re pleased to expand McWhinney’s collection of…

Jill Jamieson-Nichols

June 6, 2019

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of Golden's community newspaper, The Golden Transcript. Jill earned a bachelor’s degree in mass communications from Colorado State University-Pueblo. When she's not keeping you up-to-date on the latest happenings in Colorado's commercial real estate market, Jill can be found cross-country skiing, exploring the outdoors with her dog, playing piano, reading, or hanging out with family and friends.