Colorado
Denver’s Centerpoint Towers Sell for $62M
Unico has sold Denver’s Centerpoint I and II to Bahrain-based investment firm Investcorp for $62 million. The buildings, at 3900… Read more
FirstBank Provides $24M Construction Loan To CO Apartment
FirstBank, headquartered in Lakewood, CO, is financing construction of a 130-unit apartment complex in Louisville, CO’s newly developed neighborhood known… Read more
Seagate Sells 220-Unit Newport Village
Seagate Properties, based in California, ended its three-year hold on the 220-unit Newport Village complex in Thornton, CO by selling… Read more
Partners Unveil 156K-SF MXU for Denver RiNo
Haselden Construction and IMA Financial Group leaders are teaming with area real estate veterans to develop Revolution 360, a 156,000-square-foot… Read more
CO-Based National Storage Strikes $190M Agreement
National Storage Affiliates Trust of Greenwood Village, CO, has entered into contracts to acquire 29 self-storage properties located in six… Read more
Inland Real Estate Buys Fort Collins MF for a Record $46M
Inland Real Estate Group of Cos. Inc. paid $46 million to acquire the 220-unit Preserve at the Meadows in Fort… Read more
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
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
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
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
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