Patriot Park VI office sells for $24.25 million
A Virginia-based private investment group made its first Colorado acquisition with its record-setting purchase of Patriot Park VI. The 103,970-square-foot office building at 655 Space Center Drive in Colorado Springs sold for $24.25 million, according to public records – setting what is believed to be a high-water mark for an office building in the Springs’ […]
Jennifer HayesNovember 2, 2020
Trion Properties makes first Colo. buy with Northglenn apts.
A California-based real estate private equity firm made its first Colorado purchase with its acquisition of The View at North Peak Apartments. Trion Properties paid $38 million, or $131,944 per unit, for The View at North Peak, a 288-unit community at 10701 Pecos St. in Northglenn. “As an experienced owner and operator of apartment communities […]
Jennifer HayesSeptember 28, 2020
Industrial property sells as part of national portfolio deal
Ascent Commerce Center, a speculative Class A warehouse/ distribution center in Commerce City, was sold as part of an eight property, 4.7-million-square-foot industrial portfolio to PGIM Real Estate. Crow Holdings’ real estate investment management company Crow Holdings Capital completed the sale of the portfolio comprising 15 buildings across five markets, including Commerce City, Atlanta, Dallas, […]
Jennifer HayesSeptember 21, 2020
Woodmen Office Campus II trades for $6.62 million
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Jennifer HayesFebruary 16, 2020
Portola at Southglenn sells for $71 million
An out-of-state group ended 2019 with its entry into the Colorado multifamily market. Sunroad Enterprises, under the names Sunroad SMVA Portola LLC and Sunroad SRCP Portola LLC, paid $71 million, or $351,485 per unit, for the Portola at Southglenn, sold by Southglenn Property Holdings LLC, according to public records. The 202-unit community, located at 6851…
Jennifer HayesJanuary 27, 2020
Maggiano’s trades for $12.3 million
A Maggiano’s restaurant in Englewood sold to a buyer boosting its triple-net-leased holdings in the Denver metro market. Meatball LLC paid $12.3 million, or $736.31 per square foot, for the Maggiano’s Little Italy at 7401 S. Clinton St. Maggiano’s Property Corp. sold the property, for which there is a 15-year sale initial lease term. The…
Jennifer HayesApril 28, 2019
South Broadway retail sells for $311 per sf
A fully renovated, multitenant property along South Broadway in Englewood recently traded hands for $311 per square foot.
Jennifer HayesJanuary 13, 2019
Security Properties snaps up latest market-rate property
The Grove at City Center, constructed in 1982, features a mix of one- and two-bedroom floor plans featuring in-unit washers and dryers, a stainless steel appliance package, wood-burning fireplaces and air conditioning.
Jennifer HayesDecember 9, 2018
The Meadows sells for $73.05 million to AvalonBay
AvalonBay Communities Inc. paid $73.05 million, or $304,375 per unit, for the 240-unit The Meadows community at 4300 Swanson Way in Castle Rock.
Jennifer HayesDecember 2, 2018
Broadway retail asset trades for $632 per square foot
The investment group, KRF Post LLC, paid $3.05 million for the 4,821-square-foot building at 141 Broadway in Denver.
Jennifer HayesOctober 28, 2018