Vukota Capital acquires Stratus apts. for $17.38 million

Vukota Capital Management continues to grow its Colorado Springs apartment portfolio, most recently with its acquisition of the 216-unit Stratus community.

Jennifer Hayes

June 13, 2016
Colo. Tech Center

Outdoor products company buys CTC land for 300,000-sf facility

An outdoor products supplier has acquired 20 acres of land in the Colorado Tech Center in Louisville for construction of a new distribution facility. Allen Co., which has been headquartered in Broomfield since 1970, will build an approximately 300,000-square-foot facility on the site, which is located at Boxelder Street and CTC Boulevard in the southeastern…

Jill Jamieson-Nichols

June 13, 2016
JPMorgan site

JPMorgan Chase buys Aurora property for ‘operations site’

JPMorgan Chase has acquired 100 acres of land in Aurora for an “operations site” scheduled to be up and running in two to three years. According to public records, the company paid $11.76 million, or $2.70 per square foot, for the land in the Aurora Crossroads Regional Activity Center at the southeast corner of Interstate…

Jill Jamieson-Nichols

June 6, 2016

Tri-Peak Plaza trades for $6 million

A neighborhood retail center in Colorado Springs sold for $6 million to a California-based buyer making its first acquisition in the city.

Jennifer Hayes

May 31, 2016
IMM

Growing tech tenants head east for larger spaces, affordability

Technology companies may love downtown Boulder, but many are moving east. A number of tech companies have traded downtown’s amenities and culture for large blocks of space, parking and affordability in East Boulder over the last 18 to 24 months. “Our clients in particular, which are primarily technology companies that are growing rapidly, are choosing…

Jill Jamieson-Nichols

May 31, 2016

Pinnacle sells retail center

A local investor recently paid $4.85 million for Centennial Corner, a retail center near a Walmart Supercenter. The investor, who did not want to be named, paid $259 per square foot for the 18,719-sf, two-building center at 10909 E. Arapahoe Road in Centennial. “It was an off-market deal,” said Tom Ethington, who represented the seller […]

John Rebchook

May 31, 2016
City Park

Edge at City Park refinanced by Murphy

Stephen Caragol’s The Edge at City Park LLC bought the land near City Park in Denver a number of years ago. A year ago, the developer built a five-story, 29-unit luxury apartment building at 1855 Gaylord St. Steamboat Springs-based Caragol, through The Edge at City Park LLC, recently refinanced the condo-quality rental property in an […]

John Rebchook

May 31, 2016
Lafayette Corporate Campus

Essex arranges loan for Etkin Johnson

In the fall of 2000, about 300 Denver area commercial real estate brokers gathered in a field before boarding a five-seat helicopter, to provide them with an aerial view of what today is the 293,394-square-foot Lafayette Corporate Campus. “Once you're up in the air, it’s a no-brainer,'' Bruce Etkin, principal of Etkin Johnson, the developer…

John Rebchook

May 16, 2016
61 Inverness

Hawaiian investor pays $10.9 million for Inverness building

A Hawaiian investor has acquired 61 Inverness Drive East, an 87,198-square-foot office building in Inverness Business Park. United Properties sold the three-story building to 61 Inverness Associates, led by a Honolulu investor, for $10.9 million, or $125 per sf. Jeppesen, a subsidiary of The Boeing Co., is the largest of seven tenants, occupying approximately 45…

Jill Jamieson-Nichols

May 16, 2016
Etkin Johnson

Essex refinances Etkin loan

In the fall of 2000, about 300 Denver area commercial real estate brokers gathered in a field before boarding a five-seat helicopter to provide them with an aerial view of what today is the 293,394-square-foot Lafayette Corporate Campus. “Once you’re up in the air, it’s a no-brainer,” the appeal of the industrial and flex-space campus,…

John Rebchook

May 15, 2016