Property Management - Denver
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Franklin Street Properties Closes on Acquisition of 43-Story Office Tower in Denver CBD
Wakefield, Mass.-based Franklin Street Properties recently announced its acquisition of a 43-story office tower and a 9-story parking garage in the central business district of Denver, Colorado. The two properties were acquired by the real estate investment trust for a purchase price of $183 million.
29 May 2013 14:33 -
Amstar and Allied Realty to Break Ground on 332-Unit Luxury Apartment Project in Central Denver
Locally-based real estate investment manager, Amstar has partnered with Allied Orion Holdings, a Texas- and Colorado-based apartment developer, and recently announced it will start construction on a 332-unit apartment project in the Highlands/Jefferson Park neighborhood of Denver, Colorado. The project, dubbed 2785 Speer is scheduled to break ground this month and is expected to be completed in the spring of 2015.
22 May 2013 13:58 -
Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million
Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million.
24 April 2013 14:28 -
HFF Arranges $233 Million in Financing for 1,523-unit Breakers Resort
Holliday Fenoglio Fowler has recently announced that it has arranged $230 million in financing for The Breakers Resort in Denver. Working exclusively on behalf of The Bascom Group LLC, the borrower, the HFF team secured a $165 million first mortgage, a floating-rate loan which includes a three-year term with two, one-year extension options provided through Bank of America and CIBC.
10 April 2013 13:38 -
Mountain Real Estate Capital Invests Over $100 Million in Oakwood Homes Partnership
Mountain Real Estate Capital, a Charlotte, N.C.-based residential real estate investment firm, recently announced it has entered into a strategic partnership with Colorado-based Oakwood Homes.
06 March 2013 14:23 -
Newalta Corp. Leases Office Space at 1801 California Street; Corporate Center at InterQuest Falls into Foreclosure
Canada-based industrial services company, Newalta Corp., has leased a floor in the 1801 California Street high-rise in downtown Denver, The Denver Business Journal reports. The company is set to open its first Colorado office in the building which previously was the home of Qwest Communications International and now includes offices of CenturyLink Inc., which acquired Qwest.
13 February 2013 18:53 -
Buchanan Street Partners and Lowe Enterprises Acquire Class A Office Building in Lone Tree
By Gabriel Circiog, Associate Editor National real estate investment management firm Buchanan Street Partners, in a venture with Los Angeles-based Lowe Enterprises, has acquired a 192,800-square-foot Class A office building in southeast suburban Denver. Located at 10375 Park Meadows Dr. …
26 September 2012 14:21 -
BMC Buys Prime Parcel of Land in Cherry Creek, Plans to Build Luxury Apartments
By Gabriel Circiog, Associate Editor Locally based BMC Investments has acquired a prime parcel of land in Cherry Creek and plans to build a 12-story luxury apartment community, the Denver Business Journal reports. Located on the corner of East First Avenue and Steele Street, the parcel was bought for $15.75 million, according to public records. [...]
19 September 2012 14:42 -
United Natural Foods Inc. to Consolidate Denver Area Operations in New State-of-the-Art Distribution Facility
By Gabriel Circiog, Associate Editor United Natural Foods Inc. has announced plans to open a new state-of-the-art distribution facility in Aurora, Colo. Located near I-70 in the Denver International Airport corridor, the 535,000-square-foot facility will serve as a distribution hub …
12 September 2012 15:11 -
Three Denver Metro Office Buildings Sold; NexCore Group Completes Construction of St. Anthony North Medical Pavilion
By Gabriel Circiog, Associate Editor Three southeast Denver metro trophy-office buildings were recently sold, gathering a total of $120 million, reports the Denver Business Journal. The sellers in all three individual transactions were represented by John Jugl and Mary Sullivan …
05 September 2012 13:45 -
MIG Real Estate LLC Acquires Two Residential Communities in Lakewood
By Gabriel Circiog, Associate Editor MIG Real Estate LLC has acquired two residential communities in the Lakewood submarket of Denver. The Newport Beach, Calif.-based real estate investment company purchased The Hamptons and The Huntington, representing the fifth and sixth acquisition for the company in Colorado. The Hamptons is a 312-unit residential community located at 8507 [...]
08 August 2012 14:20 -
Griffis Residential Adds The Covington on Cherry Creek to Portfolio
By Gabriel Circiog, Associate Editor Denver-based multifamily investment and management company, Griffis Residential, has acquired The Covington on Cherry Creek in Denver. The company, led by Ian Griffis, David Birnbaum and Tom Barta owns and manages over 3,100 Class A multifamily units along the Front Range, including Denver and Colorado Springs. Located in southeast Denver [...]
27 June 2012 15:34 -
Trimble Breaks Ground on New Rockies Campus; JRK Property Holdings Acquires 325-unit Briargate on Main
By Gabriel Circiog, Associate Editor Sunnyvale, Calif.-based Trimble, a provider of advanced location-based solutions, broke ground on its new Rockies campus in Westminster, Colo. Colorado Gov. John Hickenlooper, CIO-Secretary of Technology Kristin Russell, Jefferson County Commissioners Faye Griffin and John Odom and Westminster Mayor Nancy McNally attended the ceremony. Trimble started off with 43 employees [...]
16 May 2012 14:31 -
Wood Partners LLC Announces 388-unit Alta Alameda Station Development
By Gabriel Circiog, Associate Editor Wood Partners LLC has announced plans to build a 388-unit transit-oriented community in the historic Baker district of Denver. Alta Alameda Station will be built on over five acres of land at 275 Cherokee Street, west of S. Broadway. The community will be directly across from the Alameda Light Rail [...]
09 May 2012 15:03 -
Forest City Stapleton Plans to Create New Business Park
By Gabriel Circiog, Associate Editor A large business development is shaping up on Interstate 70 between downtown Denver and Denver International Airport, The Denver Post reports. Developer Forest City Stapleton aims to create an area similar to the Denver Tech Center, with office buildings ranging in height from three to 12 stories. President of Forest [...]
03 May 2012 14:07