Colorado

Core Acquisitions, Midloch Investment Buy Shopping Center Near Denver for $30.2M

by Amy Works October 30, 2026

LAKEWOOD, COLO. — Deerfield, Ill.-based Core Acquisitions and Chicago-based Midloch Investment Partners have acquired Lamar Station Plaza, a regional shopping center in Lakewood, approximately five miles west of downtown Denver. An undisclosed seller sold the asset for $30.2 million. Lamar Station Plaza features 271,632 square feet of retail space anchored by Casa Bonita, a Mexican restaurant and entertainment destination owned by “South Park” television show creators Trey Parker and Matt Stone. The 1,000-seat Casa Bonita features live entertainment with an indoor waterfall and cliff-diving pool and accommodates more than 650,000 visits annually. Additional tenants include Ross, Planet Fitness, Dollar Tree, Dutch Bros. and ARC Thrift Stores. At the time of sale, the property was 76 percent occupied. The buyers secured a new mortgage loan from Old National Bank for the purchase, which was brokered by Cushman & Wakefield. An affiliate of Core will manage the property, with Cushman & Wakefield handling leasing efforts. The new ownership plans to execute a targeted capital improvements program for the asset. Upgrades include an enhanced façade, upgraded signage, roof replacements, parking lot and landscaping upgrades and an increased focus on operations, including janitorial and sweeping services.

October 30, 2026

UCHealth-Memorial-Hospital-North-Colorado-SpringS

Colorado Development Healthcare Top Stories Western

UCHealth Breaks Ground on $463M Healthcare Expansion Project in Colorado Springs

by Taylor Williams October 30, 2026

COLORADO SPRINGS, COLO. — University of Colorado Health (UCHealth) has broken ground on a $463 million expansion project at its Colorado Springs campus. The project will increase the size of the UCHealth Memorial Hospital North campus by more than 300,000 square feet, inclusive of a six-story inpatient tower, eight new operating rooms and an expanded emergency department. Approximately 45 percent of the new space will be built out for immediate use, while the remaining space will be shelled to accommodate future growth. In addition, the expansion will increase the hospital’s capacity from 140 beds to 190, initially adding 34 medical-surgical beds and 14 intensive care unit (ICU) beds. Lastly, the project includes the construction of a new parking garage with roughly 875 spaces for patients, visitors and staff, as well as renovations to the lobby, pharmacy, laboratory, kitchen and cafeteria of the main hospital building. Perkins & Will is the project architect, and JE Dunn is serving as the general contractor. Milwaukee-based investment and development firm Hammes is serving as UCHealth’s owner representative and project manager. A groundbreaking ceremony took place earlier in the month, and completion is slated for summer 2029. “Expanding an active hospital requires a careful balance …

October 30, 2026

Colorado Loans Multifamily Western

JLL Arranges $333.3M Refinancing for 1,184-Unit Multifamily Portfolio Near Denver

by Amy Works October 27, 2026

DENVER — JLL Capital Markets has arranged $333.3 million in bridge financing for Palomino Park, a 1,184-unit multifamily portfolio located in Highlands Ranch, an unincorporated, master-planned community 12 miles south of Denver. Greystar provided the floating-rate loan for the borrower, a real estate fund advised by Crow Holdings Capital. The financing, which includes $325 million at initial funding and $8.3 million in future funding for unit renovations, retired existing loans and provides capital for continued value-add projects across the three-community portfolio. The portfolio includes: The communities are anchored by the Colorado Club, a 26,000-square-foot central amenity facility with a resort-style pool, a gym with regulation basketball court and racquetball courts, a full-service bar and resident gathering areas. Additionally, the facility is surround by a 17-acre park with three tennis courts, two full-size sports fields and a playground. Since acquiring the assets in 2021, the borrower has invested significant capital in various interior and exterior capital improvements across each community. Trey Morsbach, Campbell Roche, Tony Nargi, Jarrod McCabe, Jordan Buck and Scott Cole of JLL represented the borrower in the financing.

October 27, 2026

Acquisitions Colorado Industrial Western

EastGroup Buys Three-Building Logistics Park in Thornton, Colorado for $94.5M

by Amy Works October 26, 2026

THORNTON, COLO. — EastGroup Properties has acquired 25 Commerce Park, a Class A industrial campus in Thornton, from Rockefeller Group for $94.5 million. Jeremy Ballenger and Tyler Carner of CBRE represented the seller in the deal. CBRE’s Todd Witty and Daniel Close fully leased the project prior to being marketed for sale. Completed by Rockefeller Group in 2025, 25 Commerce Park features three buildings offering a total of 453,550 square feet of industrial space. At the time of sale, the property was fully leased to four tenants. The campus features modern building depths, high-clear warehouse space, ESFR sprinkler systems, extensive dock-high loading capabilities, trailer parking and efficient site circulation. Designed by Grey Wolf Architecture and built by Golden Triangle Construction, 25 Commerce Park is located at 15003-15107 Grant St. at the intersection of Interstate 25 and E-470.

October 26, 2026

Acquisitions Colorado Multifamily Western

RedPeak Acquires 101-Unit Manchester Apartments in Denver

by Amy Works October 23, 2026

DENVER — Denver-based RedPeak has purchased The Manchester, a multifamily community located at 2030 E. 11th Ave. in Denver’s Cheesman Park neighborhood. This is the first time the property has sold since it was developed in 1973. Terms of the transaction were not released. Craig Stack, Bill Morkes and Nate Moyer of Colliers facilitated the transaction. Originally designed by late architect Roland Wilson, The Manchester features 101 one- and two-bedroom apartments. Each unit offers an expansive balcony, city/mountain views, individual heating and cooling, while each of the six penthouses provide in-unit washers/dryers. Community amenities include laundry rooms on each floor of the building, an indoor pool (a hallmark of Roland Wilson designs), a sun deck, fitness area, lounge and pool tables, as well as racquetball and basketball courts. The Manchester is the sixth Roland Wilson-designed community to be owned and operated by RedPeak.

October 23, 2026

Acquisitions Colorado Healthcare Mixed-Use Office Restaurant Retail Western

CentrePoint Properties Divests of 52,743 SF Mixed-Use Property in Wheat Ridge, Colorado

by Amy Works October 23, 2026

WHEAT RIDGE, COLO. — CentrePoint Properties has completed the sale of Wilmore Center, a mixed-use property in Wheat Ridge, to HCA HealthONE for $14.5 million. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. Situated on 5 acres at 7615 W. 38th Ave., Wilmore Center comprises two single-story multi-tenant buildings offering a total of 52,743 square feet of mixed-use space and 236 parking spaces. At the time of sale, the asset was 84 percent occupied by 15 tenants. The tenant mix includes retail, food and medical, with 68 percent of the leased area occupied by medical-related tenants.

October 23, 2026

Acquisitions Colorado Company News Multifamily Top Stories Western

Apollo to Purchase Majority Stake in $2B UDR Multifamily Portfolio

by John Nelson October 22, 2026

DENVER AND NEW YORK CITY — Global asset manager Apollo (NYSE: APO) and UDR Inc. (NYSE: UDR), a multifamily REIT based in Denver, are forming a new long-term joint venture involving an apartment portfolio valued at approximately $2 billion. The joint venture will own a portfolio of 19 communities totaling 7,059 apartments. The names and addresses of the properties were not released. Under terms of the agreement, Apollo’s affiliates and funds managed by Apollo will invest $1.34 billion of equity capital into the newly established joint venture, representing an approximate two-thirds interest. UDR will retain a one-third interest and consolidate the joint venture, as well as operate and manage the portfolio, for which it will earn an asset management fee. UDR plans to utilize the proceeds from the new equity capital infusion for investment in “higher-growth assets,” general corporate purposes and debt reduction. Tom Toomey, chairman, president and CEO of UDR, says that accessing low-cost, permanent equity capital has been a “strategic priority” for the company. “With this transaction, we believe we will be positioned to take advantage of compelling opportunities in the marketplace while improving the quality of our wholly owned portfolio and strengthening our balance sheet,” says Toomey. “This …

October 22, 2026

Colorado Development Hospitality Mixed-Use Multifamily Office Restaurant Retail Western

AC Development Completes First Phase of 14-Acre Mixed-Use Development in Golden, Colorado

by Amy Works October 19, 2026

GOLDEN, COLO. — AC Development, the Coor’s family development company, has completed The Pottery, an office building that is the first phase of Clayworks, a 14-acre redevelopment of the former CoorsTek ceramics manufacturing site in Golden. The project team for The Pottery includes AC Development as developer, Tryba Architects as architect and Holder Construction as general contractor. The completion of The Pottery also marks the return of CoorsTek’s global headquarters to its original location in Golden, where the company’s ceramics operation was established in 1910. The CoorsTek and AC Development teams completed their move into the 188,600-square-foot office building this month. The Pottery was created through the adaptive reuse of the former CoorsTek headquarters and manufacturing facilities with the new building incorporating historic elements, including the brick façade along Ford Street and the original kiln elements. Clayworks is transforming the former Coors industrial campus into a mixed-use neighborhood across six city blocks, with plans for office, retail, dining, public gathering areas, housing, parking and a boutique hotel that will reimagine the historic Golden High School. Sweet Bloom Coffee Roasters is the first announced retail tenant at Clayworks and is set to open on the ground floor of The Pottery later …

October 19, 2026

Acquisitions Colorado Development Industrial Western

CBRE Negotiates Sale of Proposed 386,489 SF Novera Commerce Center in Westminster, Colorado

by Amy Works October 13, 2026

WESTMINSTER, COLO. — CBRE has arranged the sale of Novera Commerce Center, a proposed three-building industrial development in Westminster. Opus Development sold the project to Principal Asset Management for an undisclosed price. Todd Witty and Daniel Close of CBRE represented the seller and have been retained by the new ownership to lead leasing efforts for the development. Located at 13900 Huron St., the 386,489-square-foot project will comprise three buildings ranging from 89,000 square feet to 195,000 square feet. Slated for delivery in the second half of 2027, the development will offer flexible suite configurations, ample loading capacity, trailer parking and modern industrial specifications designed to accommodate a broad range of users. Buildings will accommodate users as small as approximately 18,700 square feet, providing flexibility for a range of occupier sizes.

October 13, 2026

Acquisitions Colorado Office Western

Marcus & Millichap Brokers $3.1M Sale of The Center at Evergreen Office Property in Colorado

by Amy Works October 12, 2026

EVERGREEN, COLO. — Marcus & Millichap has arranged the sale of The Center at Evergreen, an office property in Evergreen. Good Signature sold the asset to Divine Homes for $3.1 million. Chadd Nelson and Brandon Kramer of Marcus & Millichap represented the seller, while Clayton Primm of Marcus & Millichap represented the buyer in the deal. Situated on 3 acres at 2922 Evergreen Parkway, The Center Evergreen features 45,729 square feet of office space. At the time of sale, the property was 80 percent occupied, with U.S. Bank being a tenant at the property since 1980.

October 12, 2026

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