Harvest Junction retail center sees broad investor demand
A full spectrum of investor types took a look at buying the Harvest Junction retail center in Longmont, which records show sold for $61.15 million, or $166.20 per square foot. A partnership of Chicago based private equity real estate firm Walton Street Capital LLC and Alberta Development Partners, a Greenwood Village based developer and investor,…
Kris Oppermann Stern
February 9, 2019‘One-of-a-kind’ apartment community sells for $106 million
An Ohio-based real estate investment firm paid $106 million for a distinctive apartment community on the Denver-Boulder corridor. Terracina, a 386-unit community at 13620 Via Varra Road in Broomfield, is The Connor Group’s second acquisition in the Denver market. “It’s a phenomenal asset – one of a kind,” said Shane Ozment of Newmark Knight Frank…
Kris Oppermann Stern
November 17, 2018Tech company takes S’Park office space
A technology company with operations in Boulder has leased the entire office component of a new mixed-use building at S’Park in Boulder. Splunk will occupy approximately 42,000 square feet in the Market Building, a 53,000-sf building with ground-floor retail. The building is slated for completion in early 2019. “Splunk has long recognized the tremendous pool…
Kris Oppermann Stern
November 8, 2018Private investor pays $3.07M for Gunbarrel office building
A Gunbarrel office building anchored by a restaurant franchisee changed hands for $3.07 million in a sale-leaseback. Clubhouse Fortress LLC, a private investor, purchased the Country Club Offices at 7490 Clubhouse Road in Boulder at a 6.67 percent capitalization rate. Lund Brown Enterprises LLC sold the 14,884-square-foot building. The asset received multiple offers within the…
Kris Oppermann Stern
November 8, 2018Bay Area buyer pays $12.2 million for Broomfield assets
A San Francisco buyer paid $100.72 per square foot for a 121,133-sf industrial property just off U.S. Highway 36 in Broomfield. Stockbridge Real Estate purchased 224 and 226 Commerce St. from Boulder-based Flagstaff Holdings-224 LLC. The price recorded with Broomfield County was $12.2 million. The two buildings, 74,853 and 46,280 sf, were fully leased at…
Kris Oppermann Stern
October 21, 2018Boulder medical/retail center changes hands at $6.54M
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Kris Oppermann Stern
September 10, 2018Boulder Commons to add more office, plus apartments
One of the largest multitenant net-zero-energy developments in the country will begin to grow early next year as Morgan Creek Ventures starts the second and final phase of Boulder Commons. In addition to more office and retail space, the next phase will include a 45,000-square-foot net-zero apartment building with 38 units. “We’ve been wanting to…
Kris Oppermann Stern
September 3, 2018