Denver County Property Location: 3570 E. 12thAve., Denver, “Monroe Professional Building” Property Description: 12,500-sf office building, YOC 1965/renovated in 2013 Land Size: 11,989 sf Sales Price: $3.37M, or $269.60 psf Reception No.: 2018086227 Closing Date: 7/12 Grantor: Monroe Professional Building LLC (Gurinder Gill, mgr.) Grantee: Monroe Holding LLC (Lauran & Scott Landen, mgrs..), 303-355-2620 Financing: $2.53M payable…

A distinctive Class AA office building with large outdoor terraces and “unbelievable” northwesterly views is coming to Cherry Creek North. Elevation Development Group just broke ground on the building at 260 N. Josephine with three full-floor tenants lined up. “Denver is not an easy preleasing town. We were able to get significant preleasing just because…

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Denver County Property Location: 1050 Bannock St., Denver Property Description: 3,465-sf office building, YOC 1965, masonry, with 11 parking spaces Land Size: 7,460 sf Sales Price: $1.53M, or $441.56 psf Reception No.: 2018079849 Closing Date: 6/26 Grantor: The Premier Mortgage Co. (James Park, mbr.) Grantee: Terjesen Development LLC (Kristen Terjesen, mgr.), 303-333-4650 Financing: $849,000 & $679,200 payable…

Northstar Commercial Partners added value to a pair of Aurora office buildings and sold them for twice what it paid. Cherry Creek Place I and II sold for a total of $39.67 million. Northstar had owned Cherry Creek Place II at 3190 S. Vaughn Way since 2009, when it paid $4.6 million for the asset.…

The amount of construction in Colorado, while sometimes hard on traffic, is a welcome sign of growth for the state, which will be home to an estimated 7.8 million people by 2040. While there are many notable development projects across the region, perhaps the most interesting construction case studies are happening right now in downtown Denver.

A growing software company signed a lease for 88,293 square feet of Class A office space at Atria, Etkin Johnson Real Estate Partners’ recently completed speculative corporate campus in Broomfield. Conga, currently in 30,000 sf in Interlocken Advanced Technology Environment, leased the entire north building at 13699 Via Varra Road for its global headquarters. It…

The sale of the 120,000-sf building was the highest price per sf ever achieved for an office building of this type in the submarket, according to Savills Studley, which structured the sale-leaseback of the property. 

A fund managed by Equus Capital Partners paid $29 million for a Class A office building in Interlocken Advanced Technology Environment in Broomfield. IPXI Interlocken Investors LLC acquired 370 Interlocken Blvd., a 150,656-square-foot building, from an affiliate of Rialto Capital Management. “Denver is a target market for our investment platform, and this asset in particular…