LBA Realty parted with a Class A office building that it had owned for more than 20 years. LBA sold 4601 DTC Blvd. to Denver-based DPC Cos. for $46 million. The 249,449-square-foot building is located in the northern end of the Denver Tech Center, an area in which DCP has been active over the last…

TerraCap Management LLC continues to build its Denver portfolio, acquiring Cherry Creek Plaza I and II for $54.59 million, or $162.93 per square foot. The 335,059-sf office property is the Florida-based company’s third acquisition in just over six months. TerraCap bought Denver Corporate Center II and III for $71.71 million last August, following up with…

An industrial building off of South Santa Fe Drive in Denver traded for the full asking price of $4.14 million in a sale leaseback. PB Enterprises LLC sold the 31,357-square-foot building at 2401 S. Delaware St. and executed a five-year leaseback with two five-year options. Weathersure Systems Inc., a roofing company, occupies the property. There…

A diverse group of investors purchased a multitenant flex/research-and-development building in Broomfield in an $11.2 million transaction. The 65,127-square-foot building at 295 Interlocken Blvd. was 100% occupied by tenants that include environmental consulting firm SWCA Inc., software company Nutrislice Inc. and a variety of other tenants in the technology, food and transportation industries. Silverwood Investments…

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A longtime Colorado commercial real estate company is entering the Northern Colorado market with a 200,000-square-foot industrial/flex development at Interstate 25 near Crossroads Boulevard in Loveland. Etkin Johnson Real Estate Partners will develop two speculative Class A buildings at Axis 25, a 14.18-acre site with interstate visibility. The Denver-based company plans to break ground toward…

Denver West’s owners sold a medical office building within the 83-acre office park for $5.7 million, or $150.44 per square foot. Denver West MOB LLC, an affiliate of Texas-based Pinecroft Realty, bought Building 55, a 37,890-sf building at 13772 Denver West Parkway in Lakewood, from a partnership of DPC Cos. and Bridge Investment Group. Chris…

The apartments within the newly completed Foundry redevelopment in downtown Loveland have been acquired for $44.1 million. California-based Steadfast Cos. bought the 155-unit Patina Flats at The Foundry from a partnership led by Brinkman, Patina Flats has been more than 95% leased since it was completed in August 2018 and was nearly full at the…

A 92,080-square-foot building that houses North America's largest climbing gym and two industrial tenants sold for $16.15 million, or $175.34 per sf. Monterey, California-based Call Family Trust bought the property at 1050 W. Hampden Ave. in Englewood from Ogilvie Properties. Ogilvie acquired the property, formerly Sports Authority’s headquarters, in 2017 and repurposed it as industrial…

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