Net-leased retail building in Greeley fetches $3.97M

4650 Centerplace

A Denver area buyer competed against national investors to land a high-quality net-leased retail building in Greeley for $3.97 million, or $603 per square foot. OCH-Centerplace Drive LLC bought the 6,577-sf building at 4650 Centerplace Drive from Cactus Land Company LLC. The building is leased to Verizon Wireless and Noodles & Co. Drew Issac “There…

Jill Jamieson-Nichols

May 1, 2017

Rockies Lodging Capital buys Fort Collins Marriott hotels

Courtyard

A Denver-based hotel company bought two Marriott hotels in Fort Collins in deals totaling $30.6 million, according to Larimer County records. Mark Darrington and Larry Kaplan, senior vice presidents with CBRE Hotels in Denver, arranged the sale of the 113-room Residence Inn and 112-room Courtyard hotels at 1127 and 1200 Oakridge Drive, respectively. Rockies Lodging…

Jill Jamieson-Nichols

April 17, 2017

McWhinney to develop second industrial spec building

Centerra industrial

Having leased up a new 83,890-square-foot building in Centerra Industrial Park in Loveland, McWhinney plans to develop a second building this year. “After the positive response to the first building on the campus, we recognize the need to provide additional industrial space in Northern Colorado,” Ashley Stiles, McWhinney vice president of development, said in a…

Jill Jamieson-Nichols

January 30, 2017

Huge retail-dominant mixed-use project comes to Northern Colorado

The Brands

Approximately 2.3 million square feet of development is coming to the Interstate 25 corridor in Northern Colorado. With approval for $258 million in tax incentives from the city of Loveland, developer Martin Lind is looking to start construction next summer on the first phase of the Brands at the Ranch along I-25 between the Budweiser…

Jill Jamieson-Nichols

January 2, 2017

Apartments sell for $89.75M in national portfolio deal

Milestone Apartments Real Estate Investment Trust purchased the six-property 1,460-unit portfolio, which included the 276-unit Talon Hill apartments in Colorado Springs and the 168-unit Eagle Ridge apartments in Loveland.

Jennifer Hayes

December 18, 2016

Safelite takes second half of Centerra distribution building

Centerra Industrial

McWhinney has leased up an approximately 83,890-square-foot speculative industrial building at Centerra, with Safelite taking roughly half of the space. The auto glass and claims management company will occupy 41,945 sf in the building at 5195 E. 37th St. in Loveland. The building was completed last spring. “McWhinney identified a specific need in our community…

Jill Jamieson-Nichols

November 21, 2016

Oil & gas companies careful, but still active on energy corridor

600 Lone Tree

The oil and gas boom hasn’t resumed on the U.S. Highway 85 corridor, but that doesn't mean all is quiet on the energy corridor. “Oil and gas companies are being more selective and careful about where they spend each dollar but are still very much active along Highway 85,” said Cushman & Wakefield Vice President…

Jill Jamieson-Nichols

October 31, 2016

Retail follows 3 trends in Northern Colorado

Scheels All Sports Store

The redevelopment of two regional malls, Costco’s long-awaited opening and a highly unique retailer’s search for a Northern Colorado

CREJ

October 28, 2016

Toddy signs lease for 42,000 sf in new spec industrial building

Centerra spec

A growing Northern Colorado company that developed and sells cold-brew coffee makers has signed a lease for about half of McWhinney’s new 83,890-square-foot speculative industrial building at Centerra in Loveland. Fort Collins-based Toddy, known for its Toddy Cold Brew System, will take approximately 42,000 sf in the building at 5195 E. 37th St. McWhinney is…

Jill Jamieson-Nichols

October 3, 2016

Student housing properties trade for $12 million each

Carriage House

A pair of student housing properties next to the Colorado State University campus sold in a $24 million deal that set a new high-water mark. Catamount Properties Ltd. sold the Carriage House Apartments, a 54-unit, 94-bed property at the southwest corner of the campus, and Pura Vida Place, a 52-unit, 100-bed property at the campus’s…

Jill Jamieson-Nichols

September 19, 2016