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Eaton Vance Lands Colorado Springs MF
Boston-based Eaton Vance acquired the Lofts at Lincoln Station apartment building in Lone Tree, CO from Colorado Springs-based Griffis/Blessing, Inc. for $30.5 million. Built in 2015 at 9375 Station St., the property has 102 units.
The four-story building offers one- and two-bedroom apartments with an average unit size of 787 square feet. Community amenities include a clubhouse, fitness center, dog wash station, outdoor kitchen and outdoor wading pool with two spas.
CBRE’s Dan Woodward, David Potarf, Matt Barnett and Jake Young represented the seller.
Potarf says, “Lofts at Lincoln Station is a high-quality property located adjacent to an RTD light rail stop in one of Denver’s fastest-growing suburban submarkets. Lone Tree is seeing extensive capital inflows including major office, medical and infrastructure projects, driven by the area’s booming population growth.”
He also notes the long-term strength of the property is expected to be bolstered by the fact that more than six million square feet of Class A office space is planned or under construction in the area, and just one market-rate multifamily project is under construction near the Lofts at Lincoln Station.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

