Hines acquired the U.S. Bank Tower in downtown Denver on behalf of a South Korean investor. The recorded price was $194.23 million. Ivanhoé Cambridge,, which owned the 26-story office tower in partnership with the State of Wisconsin Investment Board, sold the property to an affiliate of Samsung SRA Asset Management, records show. Located at 950 17thSt.,…

A food company found a recipe for continued growth with the $3.5 million acquisition of a building in Hudson. Motherlode Provisions, which makes hot sauces, barbecue sauces and bloody Mary mix, bought a 45,619-square-foot building at 560 Dahlia St., at the entrance to the town of Hudson. The company outgrew the 5,000 sf it leases…

Douglas County Property Location: 9290 Meridian Blvd., Englewood, “Hilton Garden Inn South Property Description: 157-room, six-story, 85,785-sf hotel, YOC 1999 Land Size: 3.47 acres Sales Price: $17.9M, or $114,013 per key, or $208.66 psf Reception No.: 2018070295 Closing Date: 12/3 Grantor: BRE SH Denver South Owner LLC, c/o Blackstone, Byron Blount, VP Grantee: MCR Hospitality REIT LLC, Dallas,…

Denver County Property Location: 777 Grant St., Denver Property Description: 66,866-sf, six-story office building, YOC 1972 Land Size: 40,623 sf Sales Price: $9M, or $221.55 psf (land value), or $134.60 psf (with imp.) Reception No.: 2018152550 Closing Date: 11/28 Grantor: The Housing Authority of the City of Denver (Ismael Guerrero, exec. dir.) Grantee: LCP 777 LLC, Jonathan Bush,…

Arapahoe County Property Location: 2200 W. Radcliff Ave., Sheridan Property Description: 1,984-sf auto garage building on large auto salvage lot Land Size: 6.883 acres Sales Price: $2.95M, or $9.84 psf Reception No.: D8119739 Closing Date:12/4 Grantor: Parts Depot LLC (Charlotte Weems, mbr.) Grantee: 2200 West Radcliff LLC, 5680 Emerson St., Denver 80216, c/o Iron Woman Construction, Clare…

Denver's retail scene stacks up well compared to other trendy cities across the country. The latest CBRE retail report compared Denver, by a number of metrics, to other cities as well as to the U.S. “Compared to peer markets, Denver’s retail growth is reasonable and its absorption of space is hearty,” according to the CBRE…

An institutional investor paid $26.6 million, or $411.97 per square foot, for a medical office building and surgery center in Golden, according to Jefferson County records. MBRE Healthcare, which owns more than 11 million square feet of health care facilities across the country, purchased Panorama Medical Center from an affiliate of LNR Partners LLC. The…

JJK Places, a “hybrid” development company, hopes to do well by doing good. JJK Places, a “social impact real estate” development and consulting company, is headed by veteran real estate developer Will Kralovec. Before founding JJK and serving as its president and managing partner, Kralovec was the director of master site development at the Denver…

The three main commercial real estate food groups – office, industrial and retail – this year added what is believed to be a record 12.8 million square feet. Those are the preliminary numbers crunched by economist Patty Silverstein. “That is huge, absolutely huge,” said Silverstein, president and chief economist of Development Research Partners. Silverstein, who is…