A commercial real estate investment company that’s acquired nearly $100 million in Colorado assets in the last 12 months now owns Orchard Pointe, a prominent Class A office building in the Denver Tech Center. Cress Capital, in partnership with Revesco Properties, purchased the 120,873-square-foot building in Greenwood Village from TA Realty for $16.55 million. Orchard…

Denver County Property Location: 1221 Broadway, Denver   Property Description: 50,752-sf, three-story office building, YOC 2014 Land Size: 6,500 sf Seller: CPX Broadway Office LLC, Thomas E. Banta, mgr., 303-339-9800 Buyer: Ever Beauty LLC (Jisheng Song, mgr.) 2855 Country Wood Lane, West Covina, CA 91791 (95%) & NCP 1221 Broadway (5%) (Brian Watson, mgr.), 1999 Broadway,…

Arapahoe County Property Location: 4500 Cherry Creek Drive South, Glendale Property Description: 238,420-sf, 12-story office building, YOC 1973, renovated 2012, concrete panel construction Land Size: 5.367 acres Sales Price: $40.5M, or $169.87 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: AA Cherry Creek LLC c/o EverWest Real Estate Partners LLC, Paul Andrews, mgr. Grantee: G&I…

A third-party logistics company is vastly expanding its Denver presence with a new location in Majestic Commercenter in Aurora. Lanter Delivery Systems Inc., which reportedly occupies about 17,000 square feet of space in Aurora, signed a long-term lease for 139,417 sf in an industrial building Boulder-based Conscience Bay Co. owns at 20101 E. 36th Drive.…

Level Office will open its second Colorado co-working facility in a 22,533-square-foot building in downtown Boulder. The company purchased the building at 1495 Canyon Blvd. from U.S. Bank for $6.5 million, according to Boulder County records. The bank leased back a small portion of the space, which houses a branch bank, for five years. Level…

A Greeley apartment community commanded the second-highest price per unit ever achieved in the city with its sale to a California real estate investment firm. Alta Community Investments paid $15.4 million, or $142,593 per unit, for Franklin Flats, a 108-unit community on 4.45 acres at 3208 W. Seventh St. The price per unit was a…

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Douglas County Property Location: 483 Scott Blvd., Castle Rock, “Bluffs at Castle Rock” Property Description: 220-unit, three-story apartment complex, 200,516 sf, with 11 buildings and a 2,837-sf clubhouse, YOC 1998, frame construction Land Size: 11.024 acres Sales Price: $50M, or $227,273 per unit, or $249.36 per sf Closing Date: 1/31/2018 Reception No.: 2018006612 Density: 19.96…

Denver County Property Location: 3500 Larimer St., Denver, “Hop Alley” restaurant Property Description: 5,158-sf restaurant, YOC 2000 Land Size: 6,244 sf Sales Price: $2.08M, or $403.26 per sf Reception No.: 2018009282 Closing Date: 1/24 Grantor: KOCV Fund I LLC, Chris Viscardi, mgr. Grantee: Arapahoe and Folsom Associates LLP, Rob Naiman, mgr., 303-534-5929, Denver 80202 Comments:…

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