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Arista Development in Broomfield Gathers Pace as KB Home Builds New Energy-Efficient Community

Arista Development in Broomfield Gathers Pace as KB Home Builds New Energy-Efficient Community

The master-planned transit-oriented Arista development in Broomfield is making a comeback after coming to a standstill during the economic downturn,…

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Waterton Associates Closes on Purchase of 276-Unit Community in Westminster

Waterton Associates Closes on Purchase of 276-Unit Community in Westminster

By Gabriel Circiog, Associate Editor Chicago-based Waterton Associates LLC recently closed on the acquisition of 9100 Vance Apartments—a 276-unit apartment community in Westminster, Colo. Located near Highway 36, the metro area’s primary link between Boulder and Denver, the community offers residents accessibility to the entire Denver metro area, the Rocky…

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Zocalo Breaks Ground on First Apartment Building at Denver Union Station

Zocalo Breaks Ground on First Apartment Building at Denver Union Station

Zocalo Community Development Inc. has broken ground on the first apartment building to be built in the Denver Union Station redevelopment area,…

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Buchanan Street Partners and Lowe Enterprises Acquire Class A Office Building in Lone Tree

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. in Lone Tree, the six-story Parkridge4 was purchased from an…

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BMC Buys Prime Parcel of Land in Cherry Creek, Plans to Build Luxury Apartments

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…

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United Natural Foods Inc. to Consolidate Denver Area Operations in New State-of-the-Art Distribution Facility

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 for retailers in the Rocky Mountain region as well as…

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Three Denver Metro Office Buildings Sold; NexCore Group Completes Construction of St. Anthony North Medical Pavilion

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 of Jones Lang LaSalle. The deals were as follows: Cole…

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Grand Peak Properties Revives Transit-Oriented Development Project

Grand Peak Properties Revives Transit-Oriented Development Project

By Gabriel Circiog, Associate Editor Grand Peaks Properties is set to revive a transit-oriented development project in northern Douglas County, Our Colorado News reports. Paul Herskowitz, senior vice president of Grand Peak Properties, said construction of the project was set to begin in 2008 but, due to the economic crisis—which…

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Construction Underway on Transit-Oriented Affordable Housing Project

Construction Underway on Transit-Oriented Affordable Housing Project

By Gabriel Circiog, Associate Editor The Urban Land Conservancy and Medici Communities LLC broke ground on a new affordable housing project using Denver’s Transit-Oriented Development Fund. Located at the Evans Light Rail Station in south Denver, the Evans Station Lofts will bring 50 new affordable rentals to the Denver market.…

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MIG Real Estate LLC Acquires Two Residential Communities in Lakewood

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…

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Garrison Investment Group Acquires the DoubleTree Denver-Aurora; Sage Hospitality Now Manages the Embassy Suites Denver

Garrison Investment Group Acquires the DoubleTree Denver-Aurora; Sage Hospitality Now Manages the Embassy Suites Denver

By Gabriel Circiog, Associate Editor Holliday Fenoglio Fowler announced it has closed the sale of the DoubleTree Denver–Aurora. The 248-room full-service hotel, located at 13696 East Iliff Pl. in Aurora, was marketed by HFF on behalf of the seller—GTIS Partners. The property was purchased by New York-based Garrison Investment Group…

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RedPeak Properties to Break Ground on New Apartment Complex

RedPeak Properties to Break Ground on New Apartment Complex

By Gabriel Circiog, Associate Editor RedPeak Properties is breaking ground on a new apartment complex in Denver’s uptown neighborhood, The Denver Post reports. Located between 18th and 19th avenues and Logan and Pennsylvania streets, the 302-unit apartment complex—One City Block—was designed and will be built to achieve LEED Silver Certification.…

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