Dalfen Industrial adds last-mile property to local portfolio
Dallas-based Dalfen Industrial made its second Denver-area acquisition with its purchase of a value-add, vacant industrial building in the airport submarket. Dalfen paid $7.13 million for the Class A 75,000-square-foot […]
Jolene Wollett
June 22, 2020Evergreen Development adds Aurora apartments for $46M
Evergreen Development added an Aurora apartment community to its metro Denver portfolio. It paid $46 million, or $171,641 per unit, for the Turnberry Apartments at Heather Ridge, a 268-unit community, […]
Jolene Wollett
June 22, 2020GE Johnson tops out Switchbacks FC Stadium
Last month, GE Johnson installed the final steel beam on the Switchbacks FC Stadium, located in downtown Colorado Springs. Per tradition, the beam was flanked by the American and Colorado state flags as well as the Switchbacks official flag and an evergreen tree.
Kris Oppermann Stern
June 21, 2020Food hall concept shows promise following pandemic
As states, including Colorado, begin to reopen following the lifting of nationwide stay-at-home orders, customers are demanding a shift toward experiential dining. In May, Cushman & Wakefield released a report […]
Kris Oppermann Stern
June 19, 2020Denver firm arranges financing for Kent Place buyout
Essex Financial Group arranged an $11.5 million loan for the acquisition of Kent Place, a grocery anchored retail center in Cherry Hills Village. Essex’s Vice President Alex Riggs and Assistant […]
Kris Oppermann Stern
June 19, 2020Enterprise building sells for $85.7 million
A Denver warehouse distribution building sold in one of metro Denver’s largest single building industrial trades. An investor advised by Zurich Alternative Asset Management LLC of New York paid $85.7 million for Enterprise Business Center Building Six, a 647,483-square-foot facility at 3980 Central Park Blvd. in Denver.
Jolene Wollett
June 15, 2020Residential, retail development slated for Eagle County parcel
A Chicago-based developer made its entry into the Colorado market with its purchase of a more-than-74-acre land parcel in Eagle County. The buyer paid $2.58 million – above the $2.5 million list price – for the Tower Center, a 74.08-acre parcel at 11150 U.S. Highway 6 in Gypsum. A Kansas City-based developer sold the property, which had seen a significant amount of interest recently.
Jolene Wollett
June 15, 2020Rev360 tenants plan for July move-in to new RiNo building
A River North neighborhood development bringing office space downtown will wrap up in July. The Rev360 project, a joint venture between Ed Haselden, Rob Cohen, Tributary Real Estate, Keystone Equities […]
Kris Oppermann Stern
June 15, 2020AGC Biologics acquires industrial facility
A global contract and manufacturing company acquired the former AstraZeneca facility in Boulder. AGC Biologics purchased the 178,713-square-foot manufacturing facility at 5550 Airport Blvd. from seller AstraZeneca. The building, which […]
Kris Oppermann Stern
June 15, 2020Taylor Kohrs completes Indy Street Flats for Metro West Housing Solutions
Taylor Kohrs recently completed construction of Indy Street Flats, a 110,848-square-foot apartment community in Lakewood. Completed over the course of four years, the $23.5 million project was designed by Shopworks Architecture to meet owner Metro West Housing Solutions’ vision of paying tribute to the historic and vibrant nature of the community.
Kris Oppermann Stern
June 14, 2020