Atrium III sale sheds light on demand for government-leased assets
A Cleveland-based asset manager paid $27.25 million for a suburban office building in which half the space is leased to federal government tenants. Boyd Watterson Asset Management bought Atrium III from iStar, a real estate finance, investment and development company headquartered in New York. The 156,526-square-foot building at 6162 S. Willow Drive in Greenwood Village…
Kris Oppermann Stern
August 15, 2017
Park Hill golf course a large opportunity & delicate balancing act
Steve Ferris, Founder and principal, Real Estate Garage, Denver This the fourth in 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. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens, the Broadway Station Area…
Steve Ferris
August 15, 2017
Architect has designs on vacant office building that it will call home
Brue Baukol Capital Partners was just about ready to renovate a west Denver office building when its architect began to have designs on the space. EVstudio bought the 41,533-square-foot office building, commonly referred to as the Martischang Building, from Brue Baukol and, before even closing, started working to turn it into the new EVstudio Building.…
Kris Oppermann Stern
August 15, 2017
REIT pays $63.3 million for Belmar Villas apartments
Steadfast Apartment REIT III Inc. purchased the 318-unit garden-style community at 700 S. Reed Court in Lakewood.
Jolene Wollett
August 14, 2017
Shopette sells at record cap rate
The buyer purchased Woodmen Plaza, a 6,502-square-foot multitenant retail building at a cap rate of around 5.75 percent – the lowest cap rate for a stabilized multitenant retail property in Colorado Springs.
Jolene Wollett
August 14, 2017
Revere Capital provides more than $25M in bridge loans
Revere Capital provided more than $25 million in bridge financing for new development projects in a pair of Colorado resort towns.
Jolene Wollett
August 14, 2017
Suburban assets drawing the eyes and dollars of investors
“The institutional buyer is following a trend we’re seeing around the U.S.; buyers are looking at more suburban product for near-term cash flow,” said ARA Newmark’s Terrance Hunt.
Jolene Wollett
August 14, 2017
New York firm buys Church Ranch office buildings for $15.5 million
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Kris Oppermann Stern
August 11, 2017
Wisconsin buyer acquires third building at Compark for $17.6M
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Kris Oppermann Stern
August 11, 2017
Defense contractor makes strategic decision with build-to-suit
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Kris Oppermann Stern
August 11, 2017
