Oak Coast Properties acquires Retreat at Water’s Edge

Oak Coast Properties continues its acquisition of metro Denver properties with its most recent purchase of the Retreat at Water’s Edge. The Southern California-based investment firm, specializing in Class B and C apartment communities, paid $54.4 million for the 252-unit community. Oak Coast purchased the value-add community with plans to invest $2.2 million in renovations […]

Jennifer Hayes

December 21, 2020

Last-mile logistics facility in Thornton trades for $57 million

A last-mile logistics facility in Thornton sold for $57 million. Illinois-based Inland Real Estate Group purchased the Class A, 151,668-square-foot distribution facility on more than 19 acres at 900 E. 128th Ave. in Thornton as a long-term hold. The Opus Group, a full-service development, design and construction real estate firm headquartered in Minneapolis, sold the […]

Jennifer Hayes

December 21, 2020

JHL Constructors will begin work on the Jones District Phase 1 in Centennial

JHL Constructors was selected for the Jones District Phase I infrastructure project. Located in Centennial, the project was awarded in October and is scheduled to be completed in early May.

Kris Oppermann Stern

December 20, 2020

Investor snaps up CTC flex property in record-breaking sale

A fully occupied flex property in the Colorado Technology Center sold to a local investment company in a record-breaking sale. Boulder-based buyer Bh 305 Arthur LLC purchased the 17,940-square-foot, Class B office/flex property at 305 S. Arthur Ave. in Louisville from seller Etkin Johnson. The property traded for $5.6 million, or approximately $314 per sf, […]

Jenna Walters

December 20, 2020

Buyer picks up Parker shopping center for $5M

A Parker shopping center traded hands to a local investor for $5.41 million. Renco Properties purchased Parker Plaza, the 34,060-square foot neighborhood shopping center located at 10401 S. Parker Road, from seller Cactus Moon Parker LLC. Jon Hendrickson and Mitch Veremeychik with Cushman & Wakefield were transaction brokers in the sale. According to Veremeychik, the […]

Jenna Walters

December 20, 2020

Sage Hospitality Group’s Rally Hotel at McGregor Square set to open in spring

Sage Hospitality Group announced that The Rally Hotel is set to open in early spring. Part of the McGregor Square development in the heart of Denver’s Lower Downtown’s neighborhood between Wynkoop, Wazee, 19th and 20th streets, the Rally Hotel was designed by Stantec and is being built by Hensel Phelps.

Kris Oppermann Stern

December 14, 2020

HighPoint park reaching new heights

HighPoint is readying to reach new heights. The Aurora industrial and logistics park is more than doubling in size as its developers not only are adding to the property’s footprint but also are set to break ground on the first building of what could be a more than 5 million-square foot development at build out. […]

Jennifer Hayes

December 14, 2020

Sought-after Kum & Go sells to Colorado-based buyer

A single-tenant net-leased property in the heart of Craig recently sold. Buchtel Realty Investors Craig LLC, a Colorado-based private real estate family office, paid $5.09 million, or $1,500.12 per square feet, for the Kum & Go at 1302 W. Victory Way. The 3,392-sf Kum & Go is located at a signalized intersection in the heart […]

Jennifer Hayes

December 14, 2020

Healthpeak signs full-floor lease, will relocate HQ to DTC

A national real estate investment trust leased a full floor at a Denver Tech Center office property and will relocate its headquarters to the space next year. Healthpeak will occupy the eighth floor, approximately 32,000 square feet, of 50Fifty DTC, the 192,351-sf, Class A office building at 5050 S. Syracuse St. Jason Sheehy of Transwestern […]

Jenna Walters

December 14, 2020

Downtown office asset sells for $14M

The historic Peters Paper Building in downtown Denver is under new local ownership following its $14.75 million sale. Paper Building LLC purchased the 49,316-square foot, Class B office building at 1625-1631 Wazee St. from seller Some Place On Wazee LLC. Sam Leger and Tim Finholm of Unique Properties, Inc.-TCN Worldwide represented the seller in the […]

Jenna Walters

December 14, 2020