An overview of due diligence for land development

Not too many months ago, we were in the midst of the “Great Shutdown.” On the industrial and residential real estate development front, it was so quiet you could hear crickets chirping outside. I went in one day to

CREJ

November 30, 2020

Brinkman builds Target at Exchange at Boulevard One redevelopment

A small-format Target is underway as the anchor tenant for the Exchange at Boulevard One, which is being developed by project partners Confluent Development and Kelmore Development.

Kris Oppermann Stern

November 29, 2020

Westminster event center sells for $3M

A Westminster event center is under new ownership following the previous tenant’s bankruptcy. Explorer Bradburn Property LLC purchased the 12,824-square-foot, Class A retail property, purpose-built as an event center, at 11885 Bradburn Blvd. from a 14-person tenancy-in-common group. The property traded for $3.05 million. Randy Roberts of Tributary Real Estate represented the buyer, while John […]

Jenna Walters

November 23, 2020

McWhinney secures multiple tenants to Centerra Industrial

Three tenants newly secured at McWhinney’s Centerra Industrial campus will occupy their spaces in the coming months. Tenants Geary Pacific Supply, NORCO Volleyball Club and a major home improvement retailer, which representatives declined to name, will soon occupy spaces in buildings V and VI of Centerra Industrial. The six-building industrial campus is located at McWhinney’s […]

Jenna Walters

November 23, 2020

IRET pays $144.75 million for Parkhouse Apartment property

IRET purchased the Parkhouse Apartment Homes in Thornton for a reported $144.75 million. The real estate company focused on the ownership, management, acquisition, redevelopment and development of apartment communities purchased the 465-unit community from Starlight Investments Ltd., according to public records. “We are excited to continue our growth in Denver and advance improvements in the […]

Jennifer Hayes

November 23, 2020

Ace Hardware lease one of largest in airport submarket

Ace Hardware Corp.’s lease at Airport Distribution Center 3 is one of the largest new leases in the airport submarket this year – one of a number of recent industrial lease transactions handled by CBRE. Ace Hardware leased 128,982 square feet of space at Airport Distribution Center 3 at 15965 E. 32nd Ave. in Aurora. […]

Jennifer Hayes

November 23, 2020

Alliance Construction Solutions breaks ground on Idaho Springs health center

Alliance Construction Solutions recently broke ground on the Clear Creek County Collaborative Care Center, which was designed by TreanorHL.

Kris Oppermann Stern

November 22, 2020

Avant at Castle Pines trades for $104 million

A fully integrated real estate investment management company specializing in the acquisition, development, repositioning and management of luxury apartment communities across the country added the Avant at Castle Pines to its portfolio. CWS Apartment Homes LLC, headquartered in Austin, Texas, paid $104 million, according to public records, for the 356-unit Avant at Castle Pines community […]

Jennifer Hayes

November 16, 2020

Boulder multifamily asset sells for $32M

Henley & Remy, a multibuilding residential community in Boulder, traded hands in a record-breaking sale following the seller’s complete repositioning of the asset. A Denver-based investor purchased the 82-unit multifamily asset located at 635 and 565 Mohawk Drive from seller Pathfinder Partners for $32.3 million. Andy Hellman, Justin Hunt and Katie Hufnagel of Newmark represented […]

Jenna Walters

November 16, 2020

Developers secure first office tenant at 9+CO project

An oil and gas company will occupy more than half of the office space at a new mixed-use development at the intersection of East Ninth Avenue and Colorado Boulevard. NGL Energy Partners leased 48,000 square feet of office space at 9+CO, the 26-acre urban infill project at the site of the former University of Colorado […]

Jenna Walters

November 16, 2020