Berkeley Partners sold a 101,406-square-foot industrial building that was part of a portfolio it acquired early this year after working with CBRE to bring the building to 100% occupancy. Moncrieff Business Center, located at 14603 E. Moncrieff Place in Aurora, sold to Zurich Alternative Asset Management for $9.9 million, or $97.63 per sf. New York-based…

Schnitzer West has announced plans for three 16-story office towers designed to appeal to millennial workers migrating to the suburbs in search of housing and easy commutes. Westray, born from the idea of looking west, will consist of approximately 850,000 square feet of Class A office space on 11 acres at 6363 Greenwood Plaza Blvd. in Centennial. The site is across the street from Fiddler’s Green Amphitheatre and just west of the Arapahoe at Village Center lightrail station.

Denver-based Corum Real Estate Group will develop a combined 400,000 square feet of speculative industrial space on two sites it acquired in metro Denver. Gateway Central 64 will be located at 2101 W. 64th Ave. in Adams County, just north of the Interstate 76 and Pecos Street interchange. It will consist of two front-park, rearload…

A local partnership that buys and repositions troubled medical office buildings reaped the rewards of its efforts with the $31.2 million sale of three of its 12 buildings in metro Denver and Colorado Springs. American Healthcare Investors, which manages health care real estate valued at more than $4 billion, bought the buildings from a partnership that includes Neil Littmann and W. Scott Reichenberg of Signature Partners Inc. and The Colorado Group, and James Turpen and Virginia Hartmere of Centum Health Properties Inc.

A single-tenant industrial building with 3 acres of yard – a property type that’s difficult to find in the Denver market these days – sold for $10.6 million, or $109.46 per square foot. Lincoln Advisory Group bought the property at 5555 Joliet St. in Denver on behalf of the state of Oregon’s pension fund. Key…

Los Angeles-based Lowe purchased 7979 E. Tufts, an 18-story office tower in the Denver Tech Center, for $62.25 million, according to Denver County records. Also known as Stanford Place II, the 366,184-square-foot Class A office building is located off Interstates 25 and 225. Western Union is a major tenant. “Denver is a solid office market…

A 1970s industrial property on the Interstate 70 corridor in Denver changed hands at $14.75 million, or $98 per square foot. BKM Capital Partners bought the 150,245-sf Crossroads Distribution Center from Denver based Kew Realty. BKM, a Newport Beach, California-based institutional fund manager, will spend approximately $1.2 million on capital improvements to the property at…

A buyer new to Colorado and planning to expand its presence paid $12.5 million for a Kohl’s-anchored building on the Harmony Road corridor in Fort Collins. Hartland, Wisconsin-based Investors Associated LLP was selected from a pool of buyers to acquire the 115,862-squarefoot building at 813-831 E. Harmony Road. Kohl’s occupies approximately 100,000 sf of the…

Schnitzer West has announced plans to develop Westray, three 16-story Class A office towers at 6363 Greenwood Plaza Blvd. in Centennial. Westray will be developed in phases, with the first phase of the project to begin in the third quarter of next year. Phase one will consist of approximately 290,000 rentable sf. The building will offer an efficient standard floor plate size of 30,800 sf and a parking ratio of 3:1,000.

ASB Real Estate Investments completed one of the largest industrial property acquisitions in Denver this year with the $72 million purchase of three buildings in the airport submarket. The 633,193-square-foot portfolio included a 406,959-sf distribution building at 22100 E. 26th Ave. in Aurora, leased by Subaru of America; 9410 Heinz Way in Commerce City, a 140,630-sf building leased to Home Depot USA; and an 85,604-sf building that Old West Mattress Co. leases at 18300 E. 28th Ave. in Aurora. The average weighted lease term remaining is 3.1 years.