Greystar pays $119M for Thornton apts.
Greystar added another apartment asset to its portfolio with its purchase of Champions Park Apartments in Thornton. Greystar paid a reported $119 million, or $247,917 per unit, for the 480-unit […]
Jolene Wollett
July 13, 2020Colo. apt. vacancy rate remains virtually the same as first quarter
The Colorado Apartment Association reported that the current vacancy rate for Colorado rental properties is 6% – virtually the same as the first quarter Denver Metro Area Apartment Vacancy and […]
Jolene Wollett
July 5, 2020Commercial real estate ‘icon’ Winn moves on to next chapter
Name any commercial real estate trophy asset in Denver, and Mike Winn has probably sold it at least once, and perhaps three or four times. Winn and partner Tim Richey, […]
Kris Oppermann Stern
June 29, 2020Evergreen Development adds Aurora apartments for $46M
Evergreen Development added an Aurora apartment community to its metro Denver portfolio. It paid $46 million, or $171,641 per unit, for the Turnberry Apartments at Heather Ridge, a 268-unit community, […]
Jolene Wollett
June 22, 2020Enterprise building sells for $85.7 million
A Denver warehouse distribution building sold in one of metro Denver’s largest single building industrial trades. An investor advised by Zurich Alternative Asset Management LLC of New York paid $85.7 million for Enterprise Business Center Building Six, a 647,483-square-foot facility at 3980 Central Park Blvd. in Denver.
Jolene Wollett
June 15, 2020Value-add industrial property trades for $3.25 million
A local buyer acquired a value-add industrial property in the heart of Denver’s central submarket for $3.25 million. The more-than-30,000-square foot multitenant property at 5830 Downing St. was purchased by […]
Jolene Wollett
May 24, 2020Two tenants fill remaining space at 500 W. 53rd Place
A pair of tenants have signed leases at 500 W. 53rd Place in Denver – bringing the 112,509-square-foot industrial facility to full occupancy. Threewit Cooper-Cement Co., a Denver-based masonry building […]
Jolene Wollett
May 21, 2020First tenants sign on to join JAG @ DEN
One of the first industrial opportunity zone projects out of the ground in the United States has its first two tenants. JAG Logistics Center @ DEN, a 250-acre industrial park […]
Jolene Wollett
May 18, 2020Local investor acquires Denver apartment community
A Denver investor recently acquired a 12-unit community at a price of more than $216,000 per unit. The buyer, Vince Knight 2020 LLC, purchased the community at 1325 Madison St. […]
Jolene Wollett
May 17, 2020Denver apartments sell for $31.1 million
Elterra Investments traded out of a trio of smaller central Denver apartment properties and into the 78-unit Garfield Park apartments. The private, local investor paid $18.9 million for Garfield Park, […]
Jolene Wollett
May 11, 2020