Pinnacle Announces Record-Breaking Sale of Colorado Springs Shoppette
7.27.17 Jamie Mitchell, Justin Krieger, Retail Brokers Colorado SpringsPinnacle Real Estate Advisors, LLC, is pleased to announce the sale of Woodmen Plaza, a 6,502 SF multi-tenant retail building built in 2001 on a 0.85 acre lot located at 3560 East Woodmen Road in Colorado Springs.. The property sold for $2,800,000 on July ...
Denver’s industrial market is stabilizing, says report
7.18.17 Denver Industrial Market, Denver Industrial Market Stabilization, Industrial Brokers DenverAfter a long hot streak, Denver’s industrial market is stabilizing. That’s according to a second-quarter industrial outlook, which determined that industrial rental rates declined more than 1 percent in the second quarter from the previous quarter, ...
Denver A Top 10 Green Office Market
7.17.17 Denver Office Brokers, Denver Office Sustainability, Office Market DenverDenver is the No. 7 greenest office market in the country, according to the 2017 National Green Building Adoption Index. The index measures office space that holds either an EPA Energy Star label, LEED certification or both. Some 13.3% of Denver’s ...
Gelt Bets Big On Suburban Denver With $107M Apartment Buy
7.13.17 Gelt Apartment Complex Sale Lakewood, Multifamily Purchase Lakewood, Suburban Denver Multifamily MarketIn its largest deal by dollar amount in any market, LA-based apartment investor Gelt acquired a two-asset, 580-unit apartment portfolio for $107M in Lakewood, but the acquisition has not sated the company’s appetite. Gelt partner Keith Wasserman said the ...
Denver Named One of 2017’s Hottest Rental Markets
7.12.17 Denver Rental Market, Multifamily Brokers Denver, State of the Multifamily MarketGood news for developers — according to the National Multifamily Housing Council, the U.S. will need 4.6 million new apartments by 2030 to meet demand for rental living. In fact, the latest data from Yardi Matrix indicates apartment construction is at a ...
Ohio firm drops $65 million on Cherry Creek apartment buy
7.4.17 Apartment Building Sale Cherry Creek, Denver Multifamily Sale, The Gardens at Cherry CreekThe Connor Group, an Ohio-based company, has acquired The Gardens at Cherry Creek, a 191-unit apartment complex at 225 S. Harrison St. for $65 million, according to Denver County public records. It’s The Connor Group’s first acquisition in Denver, ...