BMC Investments sold the 12-story, 218-unit property at a price topping $649,000 per unit.

[vc_column width="2/3"]Front Range commercial real estate stretches from Northern Colorado to Colorado Springs. And while the geographic markets, like asset types, are at different stages on the scale, no area is hitting a truly sour note. “Our entire Front Range market is in a really good place right now,” said Mike Kboudi, a managing director…

Green Leaf Partners paid $59.25 million, or $227,884 per unit, for the Encore at Rockrimmon, renamed Green Leaf Rockrimmon.

A multifamily property owner turned out to be the “logical” buyer for an industrial property in Aurora that sold off-market. In its first industrial acquisition, Nueva Americana III LLC bought Wheeling Service Center for $9.5 million. Located off Interstates 70 and 225, the property consists of seven multitenant industrial buildings totaling 121,400 square feet that…

Atlanta-based Peachtree Hotel Group has acquired the Element Denver Park Meadows Hotel, a 123-room hotel at 9985 Park Meadows Drive in Lone Tree. Douglas County records show the hotel sold for $19.8 million. The seller was Denver II Hospitality LLC, a Texas based group that bought the property for $15.5 million two years ago. Peachtree…

In too many deals, work letters are treated as the tail of the dog when, in fact, they are often the heart. The old leasing common law assumptions – tenant is simply leasing vacant land and the

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Jeff Hawks would be disappointed if he listed a Denver area apartment community and didn't receive at least 10 offers. Hawks is seldom disappointed these days. “To a lot of people’s surprise, the apartment market is holding up fairly well. Everyone believed that we were overbuilding” and Denver’s red-hot apartment market was cooling, said Hawks,…

Steve Ferris, Founder and principal, Real Estate Garage, Denver This is a special edition of the series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Introduction. The early September announcement that Amazon issued a request for proposals for a second…

Etkin Johnson Real Estate Partners leased a new 153,018-square-foot speculative building at the Colorado Technology Center in Louisville, triggering construction of a 400,000-sf industrial/flex campus at CTC. The new speculative three-building industrial/flex campus – dubbed Louisville Corporate Campus at CTC – will be constructed on a 33.12-acre parcel purchased by the company and annexed into the…