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Four Class A distribution buildings at Airways Business Center produced a feeding frenzy among investors before selling to a real estate investment trust for $48.27 million. Records show EastGroup Properties paid $126.32 per square foot for Buildings 2, 4, 5 and 6, which account for 382,137 sf of space in Denver’s leading industrial submarket. “I…

A value-add office building in Glendale sold to a local accountant for $5.8 million, or $91.82 per square foot. Benjamin Borgers bought Monaco Tower, a six-story, 63,170-sf building at 925 S. Niagara St., from an entity managed by Stabilis Capital Management LP. Stabilis modernized the building systems and infrastructure after acquiring the property in 2014…

A Chicago area company that seeks to fill a niche with each of its projects has $85 million worth of industrial deals in the pipeline in Denver. Karis Capital is under construction on a 163,790-square-foot front-park, rear-load building with trailer parking for tenants as small as 40,000 square feet at 1910 N. Gun Club Road…

A Dallas-based hotel development company is checking into the Denver market with plans for a Home2 Suites by Hilton in Broomfield. Fayth Hospitality Group LLC, led by hotel industry veterans Greg Fay and Randy Churchey, expects to break ground on the 107-suite hotel at 505 Zang St. this summer. Opening is targeted for summer 2020.…

Koelbel and Co., along with L&M Capital, is creating a new option for office and retail users in River North with Watershed, a nine-story building with outdoor spaces cascading toward the South Platte River. The approximately $72 million development at 3555 Brighton Blvd. is moving toward groundbreaking in early 2020 and opening in mid-2021. It…

A new wave of technology tenants has emerged in the Denver market, and where they’ll land depends on where they can find space. Seattle-based Amazon just announced it will expand its Denver Tech Hub with 98,000 square feet of Class A office space – and 400 new employees – at 1515 Wynkoop in Lower Downtown.…

St. John Properties is nearly out of space at Walnut Creek Business Park in Westminster, with the U.S. Department of Energy expanding in the park’s newest building. The DOE Office of Legacy Management, which occupies 19,100 square feet of office space in the building at 11035 Dover St., will expand its offices by an additional…

The Arrow Electronics World Headquarters building in Centennial changed hands for $40.1 million, or $312.06 per square foot, according to Arapahoe County records. The buyer is a Florida-based asset management company, Kawa Capital Management. “Kawa is excited to announce the acquisition of the Arrow property,” said Dan Amer, director of investments at Kawa Capital Management.…