Class B asset near Belleview light rail fetches $19.9 million
An opportunistic real estate investment firm paid $19.9 million for a Class B office building in the thick of the action at East Belleview Avenue and Interstate 25. An affiliate of El Segundo, California-based Westport Capital Partners LLC acquired the Paragon Building at 7100 E. Belleview Ave. in Greenwood Village from a limited partnership of…
Kris Oppermann Stern
January 19, 2016
Mechanical contractor buys site in Johnstown
A 103,000-square-foot manufacturing building on 13.37 acres in Johnstown changed hands in a $7.7 million transaction that also included 12 acres of adjacent ground. A U.S. Engineering affiliate bought the property at 390 Mountain View Drive to expand the company’s Rocky Mountain operations. A Kansas City, Missouri-based mechanical contractor, U.S. Engineering has offices in Westminster…
Kris Oppermann Stern
January 19, 2016
International capital dominates CoBank deal
CoBank’s new corporate headquarters building at Village Center Station sold to a South Korean institutional investor in a record-setting deal dominated by international capital. CoBank Center, a 274,287-square-foot building at 6340 S. Fiddlers Green Circle in Greenwood Village, traded for $113.46 million, or $413.67 per sf, according to public records. That is believed to be…
Kris Oppermann Stern
January 15, 2016Bindery joins RiNo transformation
Sonia Danielsen’s roots in River North have grown in a new direction, and countless folks will be thankful for that. Danielsen has reinvented the Blake Street print shop she purchased from her father as a many-sided project called Bindery on Blake. People can watch beer and hard cider being produced while taste testing beverages with…
Kris Oppermann Stern
January 8, 2016Simpson buys in Golden Triangle
Denver based Simpson Housing, best known as an apartment community developer, and not a buyer of existing multifamily projects, recently made an acquisition in Denver. And it was a big one. Simpson Housing recently paid $85.65 million for the 290-unit Boulevard apartment building in the Golden Triangle in Denver, which it has renamed as the…
Kris Oppermann Stern
January 8, 2016
Urology center sells for $35.15M
A high-net-worth buyer out of Minneapolis acquired The Urology Center of Colorado in one of the highest priced medical office building transactions ever to close in the Denver metro area. Olympus Ventures LLC paid $35.15 million, or $623.79 per square foot, for the 56,349-sf building. “This is one of the highest-priced medical buildings I have…
Jolene Wollett
January 8, 2016Westminster Station is NAIOP challenge site
Land Title Guarantee Co. and NAIOP Colorado, the Commercial Real Estate Development Association, will host the 14thannual Rocky Mountain Real Estate Challenge, culminating with the largest real estate event in Colorado Thursday, April 28. The challenge is a premier real estate event featuring students from the University of Colorado and the University of Denver, as…
Kris Oppermann Stern
January 6, 2016
HFF refinances Freight properties
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Kris Oppermann Stern
January 2, 2016Real 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…
Kris Oppermann Stern
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…
Kris Oppermann Stern
January 2, 2016
