Fully leased Rifle property trades in record-setting sale
A mixed-use property in Rifle sold in a record-setting sale. The Fastenal Center, a 9,750-square-foot property at 695 Buckhorn Drive, sold for $1.39 million, or $142.31 per sf, the highest […]
Jolene Wollett
September 21, 2020Colo. apt. vacancy rate remains virtually the same as first quarter
The Colorado Apartment Association reported that the current vacancy rate for Colorado rental properties is 6% – virtually the same as the first quarter Denver Metro Area Apartment Vacancy and […]
Jolene Wollett
July 5, 2020Residential, retail development slated for Eagle County parcel
A Chicago-based developer made its entry into the Colorado market with its purchase of a more-than-74-acre land parcel in Eagle County. The buyer paid $2.58 million – above the $2.5 million list price – for the Tower Center, a 74.08-acre parcel at 11150 U.S. Highway 6 in Gypsum. A Kansas City-based developer sold the property, which had seen a significant amount of interest recently.
Jolene Wollett
June 15, 2020Aspen affordable apts. sell for $50.5 million
A real estate investment, management and construction firm headquartered in Indianapolis paid a record price per unit for an affordable housing property in Aspen. Birge & Held paid $50.5 million, or $338,926 per unit, for the Centennial Aspen community at 100 Luke Short Court. Its price per unit was not the only highest price per…
Jolene Wollett
April 13, 2020Project brings ‘main street’ to Silverthorne
Milender White recently closed on 3.8 acres of land, between Third and Fourth streets in downtown Silverthorne, north of Interstate 70 off of Highway 9/Blue River Parkway, where it’s planning the 4th Street Crossing mixed-use development.
Jolene Wollett
August 26, 20192020 Colorado Market Outlook Part 2: Mountain Towns, Grand Junction, Colorado Springs, Fort Collins & Northern Front Range
Location: Hyatt Regency Aurora-Denver Conference Center 4 hours of real estate continuing education credit have been approved.
Lori Golightly
July 30, 2019Project to infuse new development on I-70
A 292-acre project is set to bring new development to a rapidly growing trade area along the Interstate 70 corridor east of Denver. Gayeski Capital Equities LLC is developing Bennett Crossing, located at the northeast corner of I-70 and state Highway 79 in Bennett, where it has rezoned and entitled the site, and commenced construction…
Jolene Wollett
June 30, 2019Single-tenant, net-leased property in Montrose trades at 5.5% cap rate
A Colorado 1031 exchange buyer, 1230 S. Townsend LLC, paid $1.76 million, or $251.14 per square foot, for the O’Reilly Auto Parts at 1230 S. Townsend Ave.
Jolene Wollett
May 17, 2019Net-leased, single-tenant retail property trades for $2.9 million
A single-tenant, net-leased property in Winter Park recently sold for $2.9 million.
Jolene Wollett
April 15, 2019Growth drives opportunity in emerging micromarkets
In 2018, metro Denver continued to experience strong economic growth trends, as the increasingly diverse business climate and highly educated workforce encouraged an influx of new businesses
CREJ
March 25, 2019