Freight

HFF refinances Freight properties

Leon McBroom and Josh Simon of the Denver office of Holliday Fenoglio Fowler, L.P. recently arranged slightly more than $18 million in permanent financing for Freight office building and Freight Residences, an apartment building. Both are anchor buildings in the TAXI community in RiNo. TAXI was developed and owned by Mickey and Kyle Zeppelin, principals…

John Rebchook

January 2, 2016

Real Capital Solutions sells 325 Interlocken

A family partnership paid $2.8 million for a building that RealCapital Solutions bought in a portfolio deal two years ago. LD Holdings LLC bought 325 Interlocken B, a 23,011-square-foot flex building. National Entertainment Network, the largest entertainment vending machine company in the U.S., occupies the property with several years remaining on its lease. The building…

Jill Jamieson-Nichols

January 2, 2016

Stoltz pays $44 million for 18th Street Atrium

Stoltz Real Estate Partners tracked down another historic building in Lower Downtown to add to its growing portfolio of Denver office assets. The 18th Street Atrium, which Stoltz bought in a $44 million, off-market deal, is the largest of four historic brick-and-timber buildings the company has acquired in LoDo. The 117,469-square-foot building is located at…

Jill Jamieson-Nichols

January 2, 2016

German fund buys downtown office building

A downtown office building with a large concentration of oil and gas tenants sold to a Dallas investment adviser for $26 million. Phoenix Property Co. bought 475 Seventeenth Street on behalf of LIC US Growth Fund, a German institutional fund. It was the fund’s first investment. “Our interest in 475 Seventeenth Street was its core…

Jill Jamieson-Nichols

January 2, 2016

Continuum buys Market St. Station

Continuum Partners has acquired Market Street Station in downtown Denver. Continuum purchased the property, through an affiliate, from the city of Denver for $14.5 million and will develop Market Station. Current plans call for 90,000 square feet of creative office space, 85,000 sf of retail and approximately 225 apartment units. The $150 million project will…

Jill Jamieson-Nichols

December 21, 2015

Construction defects debate in offing

As municipalities take it upon themselves to find ways to deal with construction defects issues, the debate will return to the Statehouse this session – and at least some legislators are optimistic. “I think the atmosphere is right this year for passage of this bill, whatever it may look like. It won’t be easy,” Sen.…

Jill Jamieson-Nichols

December 15, 2015

MIG picks up Dry Creek Business Park

A large, high-quality flex development in Denver’s southeast industrial submarket sold for $27.75 million, or $113.72 per square foot. MIG Real Estate purchased Dry Creek Business Park, a 244,028-sf property at 7300-7348 S. Alton Way in Centennial from Greenfield Partners. The park consists of 15 buildings that are 93 percent leased to roughly 90 tenants.…

Jill Jamieson-Nichols

December 14, 2015

Inverness Hotel a premier addition

Silverwest Hotels LLC’s growing list of hotels now includes a premier property in its own backyard. Silverwest’s multimillion-dollar acquisition of the Inverness Hotel and Conference Center, on behalf of Silverwest Hotel Fund(s) I/IA, represents the Denver-based company’s first asset in the Denver metro area. “To have an anchor asset like the Inverness to add to…

Jill Jamieson-Nichols

December 14, 2015

Centre Point buys office building

Centre Point Properties acquired Clear Creek Office Park at 4251 Kipling St. in Wheat Ridge for $7.8 million. The five-story building historically averages 85 percent or higher occupancy, but was 75 percent leased due to the loss of a large tenant while it was under contract, according to Centre Point President Tucker Manion. “We placed…

Jill Jamieson-Nichols

December 14, 2015

Community room hit in Natural Grocers

When Natural Grocers opens a new store, neighbors often cheer that they have access to fresh organic foods that is it famous for selling.In addition its fresh food, all of its new stores, and recently remodeled ones, have something else ⎯ community rooms. In addition its fresh food, all of its new stores, and recently…

John Rebchook

December 13, 2015