Colorado
Hines Sells Denver-Area Flex/Office Portfolio for $78.5M
Houston-based Hines sold a 10-building flex office portfolio in the Denver metro market to a partnership consisting of New York-based… Read more
Comcast Pre-Leases 212K SF at Colorado Spec Project
Comcast Corp. pre-leased 212,000 square feet at INOVA I, a five-story building located in INOVA Dry Creek business park in… Read more
NJ-Based Monmouth Pays $28M for CO FedEx Center
Monmouth Real Estate Investment Corp., based in Freehold, NJ, spent $28.8 million to acquire a new, 225-362-square-foot FedEx distribution center… Read more
Partners Acquire 234 Units in NC, Plan Upgrades
ROSS Management Services has teamed with Cedar Grove Capital to snag the Colonial Village Apartments at 1010 Oak Grove Rd.… Read more
Dividend Capital Pays $66M for Florida Retail Center
Denver-based Dividend Capital Diversified Property Fund acquired the 82,000-square-foot Suniland Shopping Center in Pinecrest, FL. The buyer paid $66.5 million… Read more
Denver MF Rents Shatter Previous Record
Average Denver-area multifamily rents reached an all-time high in April, according to apartment and student housing research company Axiometrics. The… Read more
American Realty Snags 314-Unit Denver Apartment Asset
American Realty Advisors acquired the Elan Union Station, a just-completed, multifamily property in downtown Denver. The building at 1975 19th… Read more
Is Cannabis Lighting Up CRE Rates?
Colorado, Washington and, more recently, Oregon, have benefitted from taxing the recently legalized cannabis industry. Additionally, crime rates are down.… Read more
Bancroft Acquires CO Office for $25M
Highlands Ranch I and II in Highlands Ranch, CO has been acquired by Bancroft Capital of Manhattan Beach, CA for… Read more
Hunt Provides Refi for Older Denver MF
Hunt Mortgage Group provided a $5-million Freddie Mac Small-Balance loan to refinance a multifamily property in Denver. The property, at… Read more
First Colorado Senior Cooperative Planned
Real Estate Equities Development LLC unveiled plans for its next Village Cooperative project, the first owner-occupied senior housing cooperative to… Read more
Starwood’s Sternlicht: Don’t Stress Over CRE Bubbles
Boston Federal Reserve president Eric Rosengren has warned that low interest rates are pumping up property values. But strong real… Read more
312 Units to Go North Near $177M Denver-Area Retail
Texas-based Embrey Partners Ltd. has acquired 15.2 acres from Alberta Development Partners to develop the 312-unit Ledges at Promenade. The… Read more
Marijuana Not All Mellow for Denver CBD
Downtown Denver has been the subject of glowing reports, including the mixed-use Union Station development. But the other side of… Read more
Vulcan Snags First Bellevue, WA Asset for $45M
Vulcan Real Estate acquired Bellevue Plaza Shopping Center, a 1960s retail complex in downtown Bellevue, WA, for $45.3 million. The… Read more
Sports Authority on Liquidation: Not So Fast
Despite reports that Englewood, CO-based Sports Authority would be scrapping reorganization in favor of liquidation, the beleaguered sporting-goods retailer insisted… Read more
Sports Authority Sports Authority to Liquidate, Scraps Reorganization
Close to two months after filing for Chapter 11 bankruptcy protection, Sports Authority Inc. has announced that it is unable… Read more
Amazon to Open First Colorado Facility
Amazon Inc. has announced plans to park its first Colorado facility at the Majestic Commercenter in Aurora. The 452,400-square-foot building… Read more
Northstar Begins Work on Denver Senior Housing
Northstar Commercial Partners has broken ground on a 63,283-square-foot assisted living and memory care senior living property in Denver’s Stapleton… Read more