Lincoln Property Co., in partnership with a private real estate fund advised by Crow Holdings Capital, has broken ground on a 594,400 square foot speculative industrial development in Commerce City. Ascent Commerce Center is a Class A warehouse/distribution center on a 33.2-acre site at Tower Road and East 84th Avenue. The three-building, approximately $55 million…

A $125 million loan was arranged for a newly built residential high-rise in the heart of downtown Denver. JLL Capital Markets worked on behalf of the borrower, a joint venture between 1776 Curtis LLC and Pacific Life Co., to secure the 10-year loan for The Quincy, a 359-unit Class A property at Curtis and 17th…

A real estate investment, management and construction firm headquartered in Indianapolis paid a record price per unit for an affordable housing property in Aspen. Birge & Held paid $50.5 million, or $338,926 per unit, for the Centennial Aspen community at 100 Luke Short Court. Its price per unit was not the only highest price per…

Bancroft Capital Advisors Inc. is zeroing in on Denver’s west metro submarket, closing on one office building and securing deals to buy three more. Bancroft’s latest acquisition is Union Terrace, an 84,145-square-foot building off the Union Boulevard corridor in Lakewood. The company paid $11.33 million, or $134.61 per sf, for the building with plans to…

Swinerton Builders recently demoed the site and began prep work in order to go vertical later this year on the World Trade Center Denver (hotel, office and parking structure), which will be in the River North neighborhood. Formativ, a Denver-based real estate development firm specializing in transformative mixed-use and commercial projects, and Memphis, Tennessee-based Kemmons Wilson Cos., are co-owners and developers of the 240,000-square-foot hospitality tower. Golub & Co., based in Chicago with a local office in RiNo, is partnering with Formativ on the 350,000-sf office building.

Months into the coronavirus (COVID-19) crisis, the adverse impact on U.S. businesses and the global economy remains uncertain. Every market sector has been impacted by the pandemic amidst measures

A Chicago-based real estate investment adviser secured a southeast suburban industrial building in a $10 million transaction. Lincoln Advisory Group, through Columbia Industrial Acquisition Company LLC, purchased the 63,550-square foot property at 8644 S. Peoria St. in Englewood. The seller was Gordon Development LLC, which is affiliated with the building’s anchor tenant, Gordon Plastics LLC.…

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A record-setting apartment sale in the Lower Highlands recently sold for $7.1 million. An unidentified multifamily investor purchased 3206 Osage St. in Denver, a 20-unit apartment property master leased to Sonder USA. Osage sold with a contract price of $355,000 per unit and a record-setting $707 per square foot. The sale is the highest price…

A pair of outparcels to a Cabela’s-anchored retail center in Thornton sold for $3.87 million. The Wendy’s and Arby’s at The Grove development sold in separate transactions to SSIC Inc. for $2.2 million and $1.67 million, respectively. The 3,500-square-foot Wendy’s, located at 150 E. 144th Ave., was built in 2015. It sold at a 4.75%…