South Main Station Apartments is opening its doors in downtown Longmont, building on significant investments – and paving the way for additional amenities – in that part of the city. The 253-unit apartment community, with frontage on Main Street, is a major milestone for South Main Station, the redevelopment of the 26-acre former Butterball turkey…

The first Class A speculative office development in more than a decade in Colorado Springs now has its first tenant. Progressive Casualty Insurance Co. signed an 18,089-square-foot lease at The Offices at Victory Ridge, a two-building, 145,053-sf office and retail development at 10855 Hidden Pool Heights. “The Offices at Victory Ridge is the first Class…

A Boulder company stepped up its commitment to the southern Longmont flex/industrial market with the acquisition of three buildings for $7.4 million. Chernoff Boulder Properties, a hands-on, boutique commercial real estate development firm, bought the buildings at 1801, 1811 and 1821 Lefthand Circle. Totaling 20,000 square feet each, they are located in the Campus at…

A 382-unit community located in the shadow of Empower Field at Mile High Stadium sold for $145 million, or $379,581 per unit. OZH Holdings 2 LLC, according to public records, purchased Luxe at Mile High at 3200 W. Colfax Ave. in Denver. “Luxe at Mile High was an interesting transaction because it sold before it…

A Los Angeles-based real estate investment and asset management firm boosted its metro Denver apartment portfolio with its $145.5 million buy of the Kallisto at Bear Creek community. Gelt Inc. paid $308,263 per unit for the 472-unit community at 2605 S. Miller Drive in Lakewood. “Gelt has been attracted to the Denver market because the…

A business park that initially received little notice within the Denver industrial real estate community has proven itself worthy of national attention. Walmart, Kärcher North America, Costco and Ryder are among companies that have acquired land for industrial development at Porteos, a 1,287-acre commercial mixeduse site 2 miles south of Denver International Airport’s main terminal.…

A pair of brick-and-timber buildings that were part of a World War II medical supply depot will be revived as inner-urban industrial and creative office space. ScanlanKemperBard, in a joint venture with Harbert Management Corp., purchased 3800 Steele, which includes 482,700 square feet of warehouse space on approximately 35 acres stretching from Steele to York…

A real estate investment manager that recently spent $146.3 million on downtown Boulder office buildings invested another $27.66 million in apartment properties. Clarion Partners, through separate entities, bought 2121 Canyon, a 60-unit community, and 2000 Walnut, which comprises 32 units, for $17.18 million and $10.48 million, respectively, according to public records. Affiliates of Boulder-based Element…

Shorenstein Properties LLC has sold Denver City Center in downtown Denver to an institutional investor for $400 million in one of the largest single-asset sales in Denver history. A fund managed by Brookfield Properties was the buyer. Denver City Center consists of adjacent 42- and 29-story office buildings at 707 and 717 17th St. It…

Oak Coast Properties picked up its 12th Denver community with its $143 million purchase of the Courtyards at Buckley in Aurora. With the acquisition of the Courtyards at Buckley, Oak Coast has completed $320 million in real estate purchases in the past 12 months in the Denver metro area. “Denver continues to outshine other markets…