In development, everyone is looking for an advantage. What can be offered that no one else has and/or how can what everyone else has be offered in a way that is new, different and more appealing. On the whole, Denver has what few other cites do – year-round fantastic weather; immediate access to one of North America’s premier outdoor playgrounds; an easygoing vibe; a healthy love of dogs; and, on the grand scale of American cites, at least the remnants of affordability.

Denver County Property Location: 3496 W. 32nd Ave., Denver Property Description: 11,929-sf, two-story retail building, YOC 1910, brick Land Size: 12,600 sf Sales Price: $5.19M, or $434.66 psf Reception No.: 2017059934 Grantor: Lowell Properties LLC, Kenneth J. Wolf, mgr. Grantee: 32nd and Lowell LLC, Tyrone & Megan Rocque, mgr., 303-948-9330 Closing Date: 5/4 Financing: Assume balance of $2.9M…

The crane is Colorado’s new state bird. I first wrote that line, or something like it, for the Rocky Mountain News in the mid-1980s. At that time, developers from Canada, Texas and other places, were changing the skyline of Denver. Cranes are towering over Denver. Photo courtesy of GE Johnson. During that era, Republic Plaza…

Adams County Property Location: 12220 Colorado Blvd., Thornton, “Fox Creek Apartments” Property Description: 287-unit apartment complex including 21 buildings, 265,904 sf net rentable area plus 1,408-sf clubhouse, YOC 1998 Land Size: 19.59 acres Sales Price: $53M, or $184,669 per unit, or $199.32 psf Reception No.: 36688 2017 Grantor: EMD Fox Creek LLC, Charles J. Gower, et al,…

Denver County Property Location: 3600 S. Lowell Blvd., Sheridan, “Fort Providence Apts.” Property Description: 30-unit, two-story plus garden level apartment building, 24,360 sf, YOC 1974, brick/frame construction Land Size: 26,964 sf Sales Price: $3.6M, or $120,000 per door, or $147.78 psf Reception No.: D7045941 Grantor: Capital 8 Fort Providence LLC, Jeffrey L. Kissee, mbr. Grantee: AJ3 Fort…

Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield. “Pinnacle has exceeded my expectations,” Mansfield told me last week. Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November 2015. Last month, he was one of…

Arapahoe County Property Location: 6857 S. Homestead Pkwy., Centennial, “Villas at Homestead” Property Description: 312-unit, 13-bldg. apt. complex, w/305,940 sf, YOC 1993 Land Size: 12.78 acres plus 1.49 acres of floodplain land Sales Price: $68.5M, or $219,551 per unit, or $210.44 psf Reception No.: D7047094 Grantor: KW Fund V Villas at Homestead LLC, Kennedy Wilson Real Estate…

Arapahoe County Property Location: 3650 S. Broadway, Englewood, “Cherry Hills Apts.” Property Description: 306-unit, four-story apartment with 372,084 sf, YOC 2014 Land Size: 4.56 acres Sales Price: $78.3M, or $255,882 per unit, or $210.44 psf Reception No.: D7045941 Grantor: Cherry Hills Apartments LLC, James L. Street, VP Grantee: Bell Fund IV Cherry Hills LLC, John E.…

Los Angeles-based TruAmerica Multifamily and the Magnolia Real Estate Fund paid $53 million for the 287-unit Fox Creek community in Thornton.

The 438-unit Class A, garden-style community with 13,000 square feet of ground-floor retail was sold by 801/901 Englewood Parkway Investors, according to public records.