DCT pays $15.6 million for Class A building on I-70

10000 E. 45th St.

DCT Industrial Trust continues to add to its Denver portfolio, purchasing a Class A industrial building in the Stapleton area for $15.6 million. DCT bought the 145,948-square-foot Champion Windows building on 7.18 acres at 10000 E. 45th St. in Denver from Champion Realty Company of Denver for $106.89 per sf. The Class A building fronts…

Jill Jamieson-Nichols

December 5, 2016

Griffis/Blessing buys Glenbrook from Grand Peaks

Glenbrook

Two venerable and veteran Colorado multifamily companies recently made a deal. Griffis/Blessing, based in Colorado Springs, paid $33.4 million for the 252-unit Glenbrook apartment community in Denver. The community, built in 1985 at 9999 E. Yale Ave., was sold by Denver-based Grand Peaks. Grand Peaks, formerly Simpson Housing, paid $14.1 million, or $55,952.38 per unit,…

John Rebchook

December 5, 2016

Constitution Square sells for $22.13M

A tax credit property in Colorado Springs sold to a Seattle-based buyer for $22.13 million.

Jennifer Hayes

December 4, 2016

AMLI more than doubles money on sale of 414 units

AMLI at Lowry Estates

Records show that Chicago based AMLI in 2000 paid $51.25 million for a 414-unit apartment community in Lowry. At that time, the community at 8155 E. Fairmount Drive was barely a year old and one of the new breed of rental communities that provided units with high-end finishes and resort-like amenities. Now, records show that…

John Rebchook

November 21, 2016

Scannell Properties sells KeHE build-to-suit

A 270,000-square-foot industrial building leased to a natural foods distributor sold for $31.9 million, or $118.15 per sf. Scannell Properties developed the building, located at 2200 Himalaya Road in Aurora, for KeHE Distributors. It was completed a year ago. KeHE Distributors occupies the property on a 10-year lease. Buckhead Aurora Industrial LLC, an affiliate of…

Jill Jamieson-Nichols

November 21, 2016

Longmont medical office bldg. trades as part of $24.51M deal

Biolife building

A single-tenant medical office building in Longmont recently sold to New Jersey-based Four Springs Capital Trust as part of a $24.51 million portfolio deal. Four Springs Capital paid $8.78 million for the BioLife Plasma Services building at 478 S. Martin St. in the Harvest Junction shopping center, according to public records. The company also acquired…

Jill Jamieson-Nichols

November 21, 2016

Etkin Johnson finalizes conceptual plans for 77-acre project

Conceptual plans are finalized for a 77-acre site at the “epicenter” of activity in Colorado Springs.

Jennifer Hayes

November 20, 2016

Next up at Crossroads: 69,550-square-foot build-to-suit

Inline Distributing

Another company is staking a claim at Crossroads Business Park with plans for a 69,550-square-foot build-to-suit industrial building. Trammell Crow Co. will develop the building for Inline Distributing Co., a large supplier of construction, environmental remediation and other products. “Inline has been committed to serving the needs of contractors and service providers in Colorado, which…

Jill Jamieson-Nichols

October 31, 2016

Oil & gas companies careful, but still active on energy corridor

600 Lone Tree

The oil and gas boom hasn’t resumed on the U.S. Highway 85 corridor, but that doesn't mean all is quiet on the energy corridor. “Oil and gas companies are being more selective and careful about where they spend each dollar but are still very much active along Highway 85,” said Cushman & Wakefield Vice President…

Jill Jamieson-Nichols

October 31, 2016

Silent partner at Campus Lounge revealed

Campus Lounge

When a press release was issued about the new owners of the iconic Campus Lounge, it prominently mentioned that it had been purchased by a partnership of the St. Charles Town Co., headed by well-known and highly regarded developer Charlie Woolley. St. Charles Town Co., responsible for, among many other things, the revival of the…

John Rebchook

October 31, 2016