Newly built Parker retail center trades for $7.7 million

A local buyer purchased a Parker retail property at a price topping $300 per square foot. The buyer, FDL LLC, paid $7.7 million, or $319.70 per sf, for Country Meadows Square, a multitenant retail center at 19539 Hess Road, at the northwest corner of Parker Road and Hess according to public records. Built in 2018,…

Jennifer Hayes

October 7, 2019

Could corporate campus land on ConocoPhillips site?

A corporate office user is eyeing the former ConocoPhillips site in Louisville, which potentially could house millions of square feet of mixed-use development. Denver-based Brue Baukol Capital Partners, which reportedly has the 475-acre site under contract, told the city earlier this summer that “a large organization has identified this property as a best-in-class opportunity for…

Jill Jamieson-Nichols

October 4, 2019

Roundhouse sells for $10.1 million to California group

A historic railway roundhouse-turned-retail-center recently sold for $10.1 million. CWC Income Properties 6 LLC, a California-based investment group, added to its Colorado holdings with the purchase of the Roundhouse at 600 S. 21st St. in Colorado Springs. Originally constructed in 1889 to service and store locomotives, the stone roundhouse was entirely repositioned and renovated in…

Jennifer Hayes

September 30, 2019

Tebo turns 75 and reflects on Boulder commercial real estate market

In the long run, commercial real estate in Boulder has nowhere to go but up, according to Tebo Properties’ Stephen Tebo. He should know. He’s been investing in the market for 46 years. “Short term, we’re all kind of holding our breath for the next recession. We know what’s going to happen, we just don’t…

Jill Jamieson-Nichols

September 29, 2019

Grand Prix Motor Sports bldg. trades for $6.3 million

An investment group revved up to a Littleton retail building to the tune of $6.3 million. The buyer, 1475 Mountain View LLC, paid $181.60 per square foot for the freestanding Grand Prix Motor Sports building at 3105 W. County Line Road, near the intersection of County Line Road, South Santa Fe Drive and C-470. The…

Jennifer Hayes

September 22, 2019

Denver signs long-term lease for central I-70 property

A year to the day after acquiring a large, vacant industrial building on the central Interstate 70 corridor, Denver-based Streech Properties Inc. leased the property to the city and county of Denver. “When we bought this property, it was a play on all the changes in the neighborhood, between Central 70 and the National Western,”…

Jill Jamieson-Nichols

September 20, 2019

Armory’s future fortified with apartments

Developers have fortified plans for the historic Armory site in North Boulder. Atlanta-based Pollack Shores Real Estate Group will join owners Bruce Dierking and Jim Loftus to develop an approximately $90 million, 201-unit apartment community on the property at 4750 Broadway. Located in the North Boulder, or NoBo, Art District, The Armory will be a…

Jill Jamieson-Nichols

September 15, 2019

Partnership to acquire, finish The Offices at Victory Ridge

A partnership is set to bring a Colorado Springs office property across the finish line. Tulsa, Oklahoma-based Carpathia and Colorado Springs based Mission Hill Capital have gone under contract on The Offices at Victory Ridge. The unfinished office property, located at 10855 Hidden Pool Heights, at the intersection of Voyager and Interquest parkways in northern…

Jennifer Hayes

September 15, 2019

Littleton’s The Station trades for $20.73M to Pathfinder Partners

A San Diego-based firm that specializes in the investment of value-add properties and distressed real estate assets purchased a Littleton apartment community at a record price. Pathfinder Partners paid $20.73 million for The Station, a 97-unit apartment community at 2100 W. Berry Ave. Built in 1983, The Station comprises 17 studio, 44 one-bedroom and 36…

Jennifer Hayes

September 8, 2019

Walmart, Sigma leases lead to next building at 76 center

The first speculative industrial building at 76 Commerce Center in Brighton is 88% leased, prompting construction of a second spec building for delivery in late April. Walmart recently signed a lease for 91,997 square feet in Building 5, a 266,240-sf bulk warehouse building that was delivered in December. In addition, Sigma Corp., a wholesaler of…

Jill Jamieson-Nichols

September 6, 2019