Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Phoenix & Southwest  + Southwest  + Apartments  | 

Developer Holland Trades MF in Fast-Growing Denver Suburb

Holland Partner Group has completed the $62-million sale of Aspect, a 230-unit multifamily property in the Denver suburb of Lone Tree, CO. According to published reports, the buyer was John Hancock Real Estate.

A JLL team of Mike Grippi, Pamela Koster and David Martin represented Holland.

“We were very pleased with the market’s reception to the Aspect offering,” said Martin. “Once again, Holland Partner Group did a great job executing good product at a superb location, in conjunction with a creative structured development financing package from Principal Real Estate Investors.”

Aspect is located at the southern end of the Southeast Business corridor, Denver’s premier employment center, with more than 260,000 jobs within a 15-minute drive. Lone Tree in particular has emerged as Denver’s metro’s fastest growing suburb, with a discerning renter-by-choice demographic, according to JLL.

Based in Vancouver, WA, Holland Partner Group has also developed five other Denver-area multifamily properties.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With JLL's MartinConnect With Holland

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).