Mixed-use TOD building in Lakewood sells for $20.9M
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Kris Oppermann Stern
February 16, 2018
Cress Capital buys Orchard Pointe for $16.55M
A commercial real estate investment company that’s acquired nearly $100 million in Colorado assets in the last 12 months now owns Orchard Pointe, a prominent Class A office building in the Denver Tech Center. Cress Capital, in partnership with Revesco Properties, purchased the 120,873-square-foot building in Greenwood Village from TA Realty for $16.55 million. Orchard…
Kris Oppermann Stern
February 13, 2018
CBD office building closes for $17.15 million to Denver investor
Denver County Property Location: 1221 Broadway, Denver Property Description: 50,752-sf, three-story office building, YOC 2014 Land Size: 6,500 sf Seller: CPX Broadway Office LLC, Thomas E. Banta, mgr., 303-339-9800 Buyer: Ever Beauty LLC (Jisheng Song, mgr.) 2855 Country Wood Lane, West Covina, CA 91791 (95%) & NCP 1221 Broadway (5%) (Brian Watson, mgr.), 1999 Broadway,…
John Winslow
February 13, 2018
Investors acquire midrise office building in Glendale
Arapahoe County Property Location: 4500 Cherry Creek Drive South, Glendale Property Description: 238,420-sf, 12-story office building, YOC 1973, renovated 2012, concrete panel construction Land Size: 5.367 acres Sales Price: $40.5M, or $169.87 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: AA Cherry Creek LLC c/o EverWest Real Estate Partners LLC, Paul Andrews, mgr. Grantee: G&I…
John Winslow
February 12, 2018
Level Office picks downtown Boulder co-working location
Level Office will open its second Colorado co-working facility in a 22,533-square-foot building in downtown Boulder. The company purchased the building at 1495 Canyon Blvd. from U.S. Bank for $6.5 million, according to Boulder County records. The bank leased back a small portion of the space, which houses a branch bank, for five years. Level…
Kris Oppermann Stern
February 11, 2018
Denver buyer acquires historic building, parking lot for $6.5M
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Kris Oppermann Stern
February 11, 2018
Sustainable energy nonprofit among Boulder Commons tenants
A nonprofit focused on sustainable energy is among tenants in what is being targeted as the first net-zero-energy development in Boulder County. Rocky Mountain Institute, which focuses on research and acceleration of sustainable energy use, has occupied 14,302 square feet at Boulder Commons, a 100,000-sf project at 2440 and 2490 Junction Place. The newly delivered…
Kris Oppermann Stern
February 4, 2018
Centennial flex building changes hands in $10.16M transaction
A group that took a Centennial office/flex building from cold-shell condition to 95 percent occupancy sold the property to a California buyer for $10.16 million. ME Landings LLC, made up of David J. Erb & Co. and Montex LLC, bought the 81,946-square-foot Centennial Technology Place at 6912 S. Quentin St. from a lender in 2011.…
Kris Oppermann Stern
January 29, 2018
Native American Bank to move HQ, open branch on Broadway
Native American Bank will move its headquarters from a downtown Denver high-rise into a high-visibility building on Broadway in 2019. The bank bought the 13,730-square-foot building at 201 Broadway for $4.77 million with plans to retrofit it for its headquarters and its first true Colorado branch bank. Native American Bank is owned predominantly by Native…
Kris Oppermann Stern
January 29, 2018
Broe Real Estate to inject life into large campus in Longmont
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Kris Oppermann Stern
January 28, 2018
