GOLDEN, COLO. — A public-private partnership between Capstone Development Partners and the Colorado School of Mines has completed Village at Mines Park, a 1,058-bed student housing community located on the university’s campus in Golden. The property — which is the redevelopment and expansion of an existing community, Mines Park — offers affordable housing for upper-division undergraduate and graduate students, as well as students with families. Fully furnished units are offered in studio, one-, two-, three- and four-bedroom configurations. Shared amenities include a fitness center, dining options, recreational green space, an outdoor amphitheater and community gathering and study spaces. The property is also home to residence life and management offices and features on-site parking and electric car charging spaces. The development team for the project included design-builder Milender White Construction and architectural firm SAR+. Capstone Management Partners will provide facility maintenance, custodial and asset management services for the community. The project was financed by the university.
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SCOTTSDALE, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale and financing of Scottsdale on Main, a midrise apartment asset in Scottsdale. Baron Properties sold the asset to Goodman Real Estate for $66.1 million, or $555,462 per unit. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer in the deal. Completed in 2024, Scottsdale on Main offers 119 apartments, air-conditioned interior corridors, two elevators and a designer-appointed leasing office with floor-to-ceiling windows. Community amenities include a resort-inspired swimming pool and a rooftop deck with a covered outdoor kitchen and lounge. Apartments offer 10-foot to 12-foot ceilings, wine refrigerators, oversized pantries and walk-in showers.
SEATTLE — Transwestern Investment Group (TIG), on behalf of a separately managed account, has completed the sale of Viva, a six-story Class A apartment property in Seattle’s Capitol Hill submarket. Terms of the transaction were not disclosed. Developed in 2014, the 75,776-square-foot Viva offers 105 residential units and 7,450 square feet of ground-floor retail space. The community features a rooftop deck, spacious clubroom with fireplace, chef’s kitchen and entertainment center, controlled-access underground parking garage, package lockers and electric vehicle charging stations. At the time of sale, Viva’s residential component was 96 percent leased and the retail space was 86 percent leased.
HILLSBORO, ORE. — Trammell Crow Co. (TCC) and joint venture partners Mar-Gulf Management and MDI Capital, the international subsidiaries of Kuwait Financial Centre, have broken ground on VanRose Technology Center, a speculative logistics building in Hillsboro, approximately 20 miles west of Portland. Slated for delivery by July 2026, VanRose Technology Center will offer 303,969 square feet of cross-dock logistics space. Situated on 16 acres at 2625 N.E. Huffman Road, VanRose Technology Center will feature a clear height of 36 feet, 234 automobile stalls, 64 dock doors, four drive-ins and 33 trailer stalls. VanRose Technology Center can be demised to fit up to four tenants. Project partners include Mackenzie Inc. as architect, Perlo Construction as general contractor and Citizens Bank as lender. Macadam Forbes is marketing the property for sale or lease.
ALHAMBRA, CALIF. — PSRS has arranged $5 million in refinancing for an industrial property in Alhambra. Built in 1980, the 106,266-square-foot bulk warehouse building features a clear height of 25 feet, a showroom area and small office build-out. Additionally, the asset includes 198 surface parking spaces. Michael Tanner and David Sarnoff of PSRS secured the nonrecourse loan, which was structured with an interest-only term, through one of PSRS’ correspondent life insurance company lenders.
SAN FRANCISCO — A joint venture between Lincoln Property Co. and New York Life Real Estate Investors (NYLREI) has acquired two Class A office buildings totaling 494,552 square feet in San Francisco. The properties, 353 Sacramento Street and 600 Townsend Street, are located in the heart of the Financial District and Design District submarkets, respectively. Located between Jackson Square and the North Financial District, 353 Sacramento is a 23-story, 284,751-square-foot office tower. The building has undergone extensive renovations since 2016, including a new lobby, upgraded elevator systems and modernized elevator lobbies and restroom renovations. Building amenities include lockers, showers and a bike room. Lincoln and NYLREI will build out a full-floor amenity center with two outdoor terraces, a fitness center, conferencing facilities and a tenant lounge in addition to move-in ready tenant speculative suites. Current tenants include Wells Fargo, Ramp, Merge and Even-up Law. Situated in the Showplace Square submarket, the five-story 600 Townsend offers 209,801 square feet of creative office space. The property features high-end creative improvements, a significant solar project overhaul, a modernized lobby and an outdoor patio/lounge. The building is nearly fully leased by SS&C Advent and PagerDuty. Onsite amenities include a lobby, outdoor common area and secure …
DENVER — Trailbreak Partners has obtained $37.1 million in construction takeout financing for Ridian Apartments, a 132,000-square-foot multifamily community in Denver. Rob Bova led the JLL Capital Markets Debt Advisory team that secured the floating-rate loan through an insurance company’s debt fund for the borrower. Completed in 2025, Ridian Apartments features 123 studio, one- and two-bedroom apartments, including 12 affordable units restricted to households earning up to 80 percent of the area median income. Units feature premium finishes, including chef-inspired kitchens with quartz countertops, stainless steel appliances, custom cabinetry, in-unit washers/dryers, frameless glass shower doors and keyless entry, with select units offering private patios or balconies. Community amenities include a resort-style pool and hot tub, rooftop lounge with 360-degree mountain and city views, a fitness center and clubhouse with coworking spaces. Additionally, the property offers covered garage parking, 24-hour security monitoring and package lockers.
Creation Breaks Ground on Two-Building Harbor Park Industrial Complex in Glendale, Arizona
by Amy Works
GLENDALE, ARIZ. — Creation, in partnership with QuarterMoore, has broken ground on Harbor Park, a two-building industrial complex on 9.7 acres in Glendale. Located on Glen Harbor Boulevard within the Glen Harbor industrial submarket, Harbor Park will feature two single-story industrial buildings totaling 163,364 square feet. Completion is slated for third-quarter 2026. One building is being constructed as a 108,865-square-foot build-to-suit for PODS Phoenix, a local franchise division of PODS Moving & Storage. The second building will offer 54,499 square feet of speculative industrial space with a clear height of 24 feet, 25 dock-high doors, four grade-level doors and 106 parking spaces. The asset is already 67 percent leased to PODS Phoenix, with the second building available for lease or purchase. LGE Design Build is spearheading the construction and design of Harbor Park. Anthony Lydon, John Lydon, Kelly Royle and Hagen Hyatt of JLL are handling leasing efforts for the property.
Resolute Investments Sells 33,282 SF Medical Outpatient Building in Greenwood Village, Colorado
by Amy Works
GREENWOOD VILLAGE, COLO. — Resolute Investments has completed the sale of Landmark Medical Center, a medical outpatient building and ambulatory surgery center in Greenwood Village, to SG Property Services for an undisclosed price. Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Jesse Greshin and Trent Jemmett of CBRE U.S. Healthcare Capital Markets partnered with Dann Burke, Stephani Gaskins and Anna Schornstein of CBRE’s Denver Healthcare Leasing to represent the seller in the deal. Located at 5351 S. Rosyln St., the three-story, 33,282-square-foot Landmark Medical Center was fully leased at the time of sale, with AdventHealth as the anchor tenant. The building’s surgical center features two operating rooms with a focus on hand, food and ankle, knees and shoulder surgeries. The surgery center is a joint venture between the physicians and SCA Health, which is owned by Optum, a subsidiary of UnitedHealth Group.
PHOENIX — Stos Partners has purchased an infill industrial warehouse, located at 1746-1748 W. Fillmore St. in Phoenix, from a private seller for $2.9 million. The 20,850-square-foot property features 20-foot clear heights, secured yard space and flexible layouts suitable for one or two tenants. Additionally, the asset offers dual options, with two grade-level and two dock-high doors. Stos Partners plans to implement a capital improvements program that includes roof repairs, parking lot resurfacing, HVAC system upgrades, drought-tolerant landscaping, approximately 2,000 square feet of new speculative office space and comprehensive exterior and interior modernizations, including interior and exterior paint and lighting upgrades. Chris Reese of Colliers represented Stos Partners, while Jim Wilson and Garrett Wilson of Cushman & Wakefield represented the seller in the off-market transaction.
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