Dalfen Industrial adds last-mile property to local portfolio
Dallas-based Dalfen Industrial made its second Denver-area acquisition with its purchase of a value-add, vacant industrial building in the airport submarket. Dalfen paid $7.13 million for the Class A 75,000-square-foot distribution building, renamed Aurora Center I at Gateway, at 15800 E. 40th Ave. in Aurora. The building was sold by Serta Simmons Bedding as part […]
Jennifer HayesJune 22, 2020
Evergreen Development adds Aurora apartments for $46M
Evergreen Development added an Aurora apartment community to its metro Denver portfolio. It paid $46 million, or $171,641 per unit, for the Turnberry Apartments at Heather Ridge, a 268-unit community, at 2038 S. Vaughn Way. It was sold by Kevlyn Investments Inc. “It’s just an amazing location,” John Blackshire of Transwestern said of the community, […]
Jennifer HayesJune 22, 2020
Aurora City Place sells for $51.4 million
A real estate company is prepped to create value with its first Colorado acquisition. PREP Property Group Inc., a vertically integrated real estate company focused on creating value in retail real estate, purchased the Aurora City Place regional shopping center. It purchased the 356,305-square-foot center at Interstate 225 and East Alameda Avenue in Aurora for…
Jennifer HayesMarch 1, 2020
Oak Coast Properties pays $143 million for Courtyards at Buckley
Oak Coast Properties picked up its 12th Denver community with its $143 million purchase of the Courtyards at Buckley in Aurora. With the acquisition of the Courtyards at Buckley, Oak Coast has completed $320 million in real estate purchases in the past 12 months in the Denver metro area. “Denver continues to outshine other markets…
Jennifer HayesFebruary 3, 2020
Caliber at Cornerstar sells for $40.75M to California buyer
Scandic Capital LLC paid $291,071 per unit for the Caliber at Cornerstar, a 140-unit community completed last year at 15930 E. Briarwood Circle.
Jennifer HayesAugust 4, 2019
Milender White breaks ground on $78M Parkside @ City Centre
Milender White broke ground on the construction of Parkside @ City Centre. A future transit-orientated community located at 14531 E. Alameda Ave., Parkside will feature 216 market-rate, multifamily apartments and 36,000 square feet of retail on 5.6 acres.
Kris Oppermann SternJuly 14, 2019
Populous designs Aurora’s Central Recreation Center
Central Recreation Center, a new recreation center in Aurora, debuted as the city’s first new recreation center in 40 years. Designed by Populous, and a thorough public input process, the $34 million, 61,250-square-foot facility is located in the heart of Aurora.
Kris Oppermann SternJuly 7, 2019
Partnership breaks ground on Parkside
A long-awaited $78.7 million mixed-use development in Aurora is under construction. Parkside @ City Centre is a ground-up, mixed-use property comprising 216 market-rate apartments and approximately 36,000 square feet of retail space on 5.6 acres at South Sable Street and East Alameda Avenue. Northstar Commercial and Milender White are co-sponsors for the project that Summit…
Jennifer HayesMay 5, 2019
Aurora seeks to transform its office market
In what once was a bedroom community, a quiet evolution is taking place. The city of Aurora has changed from a sprawling suburb to a bustling metropolitan city over the last few decades, boasting
CREJMarch 25, 2019
Highpoint Marketplace sells for $24M to Gerrity Group
Gerrity Group paid $24 million for the Safeway-anchored center at 18870 E. Hampden Ave. in Aurora.
Jennifer HayesDecember 28, 2018