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 at Lowry Estates

AMLI more than doubles money on sale of 414 units

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
Biolife building

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

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
Inline Distributing

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

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
600 Lone Tree

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

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
Campus Lounge

Silent partner at Campus Lounge revealed

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
coda

Zocalo opens Coda in CCN

Coda is the latest luxury community to open in Denver and in the booming Cherry Creek North submarket. The 12-story, 182-unit tower, developed by Denver-based Zocalo Community Development, is in the heart of Cherry Creek North at East First Avenue and Steele Street. Zocalo’s partner on Coda, which by definition means everything that came before…

John Rebchook

October 31, 2016
Crescent V

Crescent V trades off market for $240.58 per square foot

One in a series of high-profile office buildings on East Crescent Parkway in the Denver Tech Center sold for $21.7 million, or $240.58 per square foot. Crescent V, a 90,197-sf building at 8450 E. Crescent Parkway, wasn’t being marketed for sale. Principal Real Estate Investors sold the property to 8450 Crescent LLC. Arapahoe County records…

Jill Jamieson-Nichols

October 17, 2016