Millennials. Every city wants them. Denver is actually getting them. A fair share of the 10,000 or so people moving to the Mile High City every month are in the coveted demographic group. Many of these millennials are renters, good news for the Denver area multifamily market. “Millennials are the biggest generation ever” and also…

An investment group called Aurora Highlands LLC plans to begin developing The Aurora Highlands, a 2,900-acre mixed-use, master-planned community in 2017, pending final approval and support from the city of Aurora and Adams County. The community will be an integral piece of the larger 21,000-acre Aerotropolis development currently being planned south of Denver International Airport.…

Arapahoe County Property Location: 6061 S. Willow Dr., Greenwood Village, “Atrium 1” Property Description:136,592-sf, three-story office building, YOC 1980, masonry construction Land Size: 6.406 acres Sales Price: $11.8M, or $86.39 per sf Reception No.: D7021888 Grantor: St. Paul Fire and Marine Insurance Company, R. William Inserra, VP Grantee: EPC Holdings 896 LLC c/o AAA Colorado Inc., Linda…

Jefferson County Property Location: 650-670 S. Wadsworth Blvd., Lakewood, “Office Depot” Property Description: 20,689-sf shopping center & 25,845-sf single-tenant building, YOC 1995, masonry construction (total 46,534 sf) Land Size: 90910 & 93351 Sales Price: $8.4M, or $180.51 psf Reception No.: 2017014488 Grantor: Rebuild LA-Lakewood LLC, Martin A. Ensbury, 310-880-0132, or martin@theEnsburyGroup. (provigil) com Grantee: LOCSAW Venture LLC, Erik…

Adams County Property Location: 23903 E. Prospect Ave., Aurora Property Description: 12,700 sf strip center, YOC 2005, brick Land Size: 1.62 acres Sales Price: $7.468M, or $588.03 psf Reception No.: 2017009698 Grantor: BLC-II, Michael S. Mikolich, mgr., 321 Hartz Ave., No. 200, Danville, CA Grantee: Southlands HV1 LLC, Philip E. Lebherz, mgr., LISI Inc., 866-570-5474, 1600 W. Hillsdale…

GKT Lone Tree Commons LLC, an entity of the Kroenke Group, purchased Lone Tree Commons.

Arapahoe County Property Location: SEC Broadway & E. Littleton Blvd. Property Description: existing 25,000-sf auto dealership Land Size: 3.51 acres Sales Price: $5M, or $37.20 per sf Reception No.: B7019226 Grantor: Arapahoe Motors Inc., 303-730-1300 Grantee: Drake Littleton Partners LLC, Jon Power, mgr., 303-951-7301 Closing Date: 2/15 Comments: Stew Mosko & Ray Rosado of Cushman & Wakefield handled…

Jefferson County Property Location: SWC W. 91st Place & Indiana St.; NWC Candelas Parkway & Indiana Street, Arvada Property Description: Vacant land Land Size: 22.145 acres Sales Price: $2.17M, or $2.25 per sf Reception No.: 2017020812 Grantor: Cimarron Development Company, Gregg A. Bradbury, Charles C. McKay & Jeffrey Nading, mgrs., 303-469-1873 Grantee: Dillon Companies Inc., c/o…

CBRE Research estimate the amount of logistics space needed to accommodate rising e-commerce sales is 1.25 million per $1 billion of online sales.[vc_column width="1/3"][vc_column width="1/3"]

Denver seems to be getting a bad rap for new ugly buildings.