Buyer takes shine to value-add shopping center in Centennial
The buyer paid $11 million, or $67.31 per sf, for Willow Creek Shopping Center, a 163,412-sf value-add retail center at the northeast corner of South Quebec Street and County Line Road in Centennial. An entity controlled by Miami based Jewell Capital LLC took a shine to a Denver suburban retail Read more…
HFF Closes Sale of Value-Add Industrial Asset in Colorado
6265 Gunbarrel Ave. in Boulder, Colo. Boulder, Colo.—HFF recently closed the sale of a 151,976-square-foot flex/industrial manufacturing building located in Boulder, Colo. Bow River Capital Partners’ new acquisition, 6265 Gunbarrel Ave., is valued at $13 million, according to PropertyShark data. Consisting of two stories, the industrial building features 48,000 square feet Read more…
HFF announces $2.36M sale of Hilltop Medical Building in suburban Denver, Colorado
DENVER, CO – October 15, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $2.36 million sale of Hilltop Medical Building, a 7,929-square-foot medical office asset in the southeast Denver-area community of Parker, Colorado. Hilltop Medical Building is located at 19964 Hilltop Road just off Highway 83 in Parker, approximately Read more…
Northstar completes value-add with $39.67M sale
Cherry Creek Place I and II are located at Interstate 225 and Parker Road. Northstar Commercial Partners added value to a pair of Aurora office buildings and sold them for twice what it paid. Cherry Creek Place I and II sold for a total of $39.67 million. Northstar had owned Read more…
Basham buys Church Ranch building leased to Staples for $12.5M
The building at 10249 Church Ranch Way was completely remodeled for Staples’ Western regional headquarters. An office building that recently was remodeled for Staples’ Western regional headquarters sold to a local buyer for $12.5 million. An affiliate of Denver-based Basham & Associates purchased the 63,057-square-foot building at 10249 Church Ranch Read more…
MainStreet at FlatIron buildings change hands at $54.19 per sf
MainStreet at FlatIron consists of two multi-tenant office/retail buildings. A Boulder investment group that paid $54.19 per square foot for MainStreet at FlatIron in Broomfield says the center’s vacant space already is drawing good activity. The group led by Scott Pudalov paid $5.08 million, or $54.19 per square foot, for Read more…
New owner plans to invest in Longmont Medical Campus
The new owners of Longmont Medical Campus plan to return the building to a best-in-class asset. An investment group that turned around a medical office building in Boulder will try the same procedure with a Longmont building it just purchased for $10.6 million. Profere Partners LLC, led by Scott Pudalov, Read more…
Westminster building acquired for $14.98M
The building at 10170 Church Ranch Way was about 60% occupied at the time of sale. A local investment group acquired an approximately 126,000-square-foot value-add office building along the U.S. Highway 36 corridor for $14.98 million. Potens Partners LLC bought the multitenant building at 10170 Church Ranch Way in Westminster Read more…
Murphy Co. Acquires Northern Business Center in Thornton
Northern Business Center is located at 128th Avenue and Washington Street in Thornton. Murphy Co., one of the nation’s largest mechanical contracting firms, has acquired Northern Business Center, a 128,998-square-foot office/manufacturing building at 12789 Emerson St. in Thornton. The company plans to transform the manufacturing area into 90,000 sf of fabrications Read more…