JPMorgan Chase pays $18.32M for 106 acres in Broomfield

JPMorgan Chase paid $18.32 million for a large tract of land at North Park in Broomfield. McWhinney CCOB Land Investments LLC sold the property, which comprises 106.12 acres. A JPMorgan Chase spokeswoman said the company couldn’t yet comment on the transaction. McWhinney, which confirmed the sale, also declined to comment. The parcel is located at…

Jill Jamieson-Nichols

October 3, 2016
Centerra spec

Toddy signs lease for 42,000 sf in new spec industrial building

A growing Northern Colorado company that developed and sells cold-brew coffee makers has signed a lease for about half of McWhinney’s new 83,890-square-foot speculative industrial building at Centerra in Loveland. Fort Collins-based Toddy, known for its Toddy Cold Brew System, will take approximately 42,000 sf in the building at 5195 E. 37th St. McWhinney is…

Jill Jamieson-Nichols

October 3, 2016

Inland buys Westlink

Inland Real Estate Acquisitions recently paid $63.05 million for the 244-unit Westlink at Oak Station apartment community in Lakewood. The sale price per unit for the recently developed community at 1665 Pierson St. equates to $258,402 per unit and $270.67per square foot. It marks Inland’s first purchase on the West side of the Denver metropolitan […]

John Rebchook

October 3, 2016
Tebo

Tebo makes 1st apartment buy

Stephen Tebo is “Mr. Boulder,” when it comes to commercial real estate. Since he began his real estate investment in 1973, his namesake company, Tebo Properties’ portfolio has grown to more than 300 properties. The majority of the more than 3 million square feet of office, retail and industrial space controlled by Tebo Properties is…

John Rebchook

October 3, 2016
Carriage House

Student housing properties trade for $12 million each

A pair of student housing properties next to the Colorado State University campus sold in a $24 million deal that set a new high-water mark. Catamount Properties Ltd. sold the Carriage House Apartments, a 54-unit, 94-bed property at the southwest corner of the campus, and Pura Vida Place, a 52-unit, 100-bed property at the campus’s…

Jill Jamieson-Nichols

September 19, 2016
9461 Willow

Single-tenant manufacturing building sells for $10.53 million

A manufacturing facility on just over 16 acres of land in Henderson recently sold to a local family investment company for $10.53 million, or $104.74 per square foot. Merritt Professional Properties LLC bought the 100,490-sf building at 9461 Willow Court from Compression Systems LLC. The property serves as UE Compressions’ corporate headquarters. “Merritt Professional Properties…

Jill Jamieson-Nichols

September 19, 2016
Cherry Hills assisted living

Memory care center to open next year

Cherry Hills Assisted Living and Memory Care, a boutique retirement community at 6325 S. University Blvd., will open next year. It will specialize in assisted living and memory care for residents living with cognitive disabilities. Longtime development and management companies Urban Inc. and Esprit Homes, led by Steve Shraiberg and Alfred Blum, are developing the…

John Rebchook

September 19, 2016
Jackson Square

Jackson Square active apartment buyer

Jackson Square Partners recently paid $166.75 million for two Denver-area apartment communities, in the latest sign how bullish the San Francisco-based-company is on the local multifamily market. It bought both communities from Fairfield Residential. In by far the bigger of the two acquisitions, it paid $98.5 million for the Fairfield Legend Oaks, a 488-unit community built…

John Rebchook

September 19, 2016

Campus sale in Springs rings up at $31M

A private commercial real estate investment group dialed in on Verizon’s Colorado Springs corporate campus, acquiring the 125-acre property for $31 million, according to public records.

Jennifer Hayes

September 16, 2016

Denver buyer looks to Colorado Springs with $27.55 million buy

“Advenir at Briarglen offers an affordable option for renters looking to live in this elite location since the majority of the competition is Class A product. There’s ample opportunity to improve the curb appeal, update the interiors and move rents significantly.”

Jennifer Hayes

September 2, 2016