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Colorado

13055-W-Mississippi-Ct-Lakewood-CO
AcquisitionsColoradoMultifamilyWestern

Sagard Real Estate Acquires Alta Green Mountain Apartment Complex in Lakewood, Colorado for $104.6M

by Amy Works

LAKEWOOD, COLO. — Sagard Real Estate has purchased Alta Green Mountain, a multifamily community located at 13055 W. Mississippi Court in Lakewood, from an undisclosed seller for $104.6 million. Dave Martin and Brian Mooney of Northmarq’s Denver Multifamily Investment Sales team represented the seller in the deal. Built in 2020, Alta Green Mountain offers 260 one-, two- and three-bedroom floor plans with an average unit size of 864 square feet. Apartment amenities include stainless steel kitchen appliances, gray mocha cabinets, washers/dryers, walk-in closets, keyless entries, river white granite countertops, glass tiled backsplashes, garden tubs, balconies and tuck-under garages with driveways available for rent. Some units include mountain views and panoramic views of Denver. Community amenities include a clubhouse, outdoor kitchen and grilling areas, scenic overlook firepit, dog spa, storage units, year-round pool and spa, athletic club with yoga and spin room, an innovation lounge with computer access and individual work rooms, an onsite dog park and run, bike and ski repair shop, and community game room.

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The-Mark-Fort-Collins-CO
AcquisitionsColoradoDevelopmentMultifamilyStudent HousingWestern

Joint Venture Buys Development Site for 397-Bed Student Housing Community Near Colorado State University

by Amy Works

FORT COLLINS, COLO. — A joint venture between Landmark Properties, Silverpeak Real Estate Partners and Peninsula Investments has acquired a development site at 255 Johnson Drive in Fort Collins for the construction of a 397-bed student housing community. Dubbed The Mark Fort Collins, the property will offer 193 units in a mix of studio through four-bedroom configurations for students attending Colorado State University. The six-story development will offer shared amenities including a clubhouse, fitness center, resort-style swimming pool, ski storage, pet spa, individual and group study areas, and rooftop courtyards with grilling stations. Construction on the project is set to begin this month with completion slated for fall 2026. The development team includes Mode 3 Architecture and the company’s in-house construction arm, Landmark Construction. TSB Capital Advisors coordinated financing for the project.

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AcquisitionsColoradoIndustrialWestern

Unique Properties Arranges $1.6M Sale of Industrial Building in Denver

by Amy Works

DENVER — Unique Properties Inc./TCN Worldwide has brokered the sale of an industrial building located at 1301 S. Cherokee St. in Denver. The 11,102-square-foot property traded for $1.6 million, or $144 per square foot. The names of the seller and buyer were not released. Michael DeSantis, Brett MacDougall and Carson Lang of Unique Properties brokered the sale.

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501-521-Kalamath-St-Denver-CO
AcquisitionsColoradoIndustrialWestern

Pinnacle Arranges Sale of 24,178 SF Industrial Property in Denver

by Amy Works

DENVER — Pinnacle Real Estate Advisors has brokered the sale of a 24,178-square-foot industrial building located at 501-521 Kalamath St. in Denver. The asset traded for $4.1 million. Paul Nora and Jamie Mitchell of Pinnacle Real Estate Advisors represented the undisclosed seller in the transaction. The name of the buyer was not released.

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ColoradoDevelopmentMultifamilyWestern

Thompson Thrift to Develop 324-Unit Multifamily Community in Longmont, Colorado

by Amy Works

LONGMONT, COLO. — Thompson Thrift plans to develop Heritage on Hoover, a Class A apartment property in Longmont, a suburb of Boulder. Construction of the 324-unit community is slated for completion in winter 2026. Located near the intersection of Mountain Brook Drive and South Hover Street, Heritage on Hover will feature three-story buildings with one-, two- and three-bedroom layouts averaging nearly 1,000 square feet. Apartments will include quartz countertops, stainless steel appliances, side-by-side refrigerators, full-size washers and dryers, large walk-in closets and multiple smart home capabilities. Additionally, select residences will feature cabinetry with soft-close doors, deluxe closet systems with shelving, premium lighting, dry bars and advanced smart home capabilities. Private patios, balconies, yards and detached garage options will also be available. Community amenities will include an outdoor entertainment kitchen and grilling areas, a fully equipped 24-hour fitness center, resort-style heated swimming pool and spa, electric firepits with seating areas, a billiards and shuffleboard area, a dog park, bike storage and a Starbucks Coffee bar. Additionally, the community will include focus suites and community-wide Wi-Fi, as well as an on-site service team, valet trash service and a user-friendly mobile app. Thompson Thrift 2024 Multifamily Development Fund LP provided equity for the development.

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Aero-70-Aurora-CO.jpg
ColoradoDevelopmentIndustrialWestern

Brinkmann Constructors, United Properties Break Ground on Two Spec Warehouses in Aurora, Colorado

by Amy Works

AURORA, COLO. — Brinkmann Constructors, in partnership with United Properties, has broken ground on a speculative industrial project situated on 169 acres in Aurora. Spanning 817,500 square feet, the Aero70 project will include two speculative warehouses, over-lot grading and pad preparation for two future buildings, as well as associated private site civil infrastructure. Additionally, Brinkmann will build nearly two miles of public off-site infrastructure, including roads and utilities, to connect the site to the city’s existing systems.

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7887-E-Belleview-Ave-Denver-CO
AcquisitionsColoradoOfficeWestern

Real Capital Solutions Acquires 201,670 SF Office Building in Denver

by Amy Works

DENVER — Louisville, Colo.-based Real Capital Solutions (RCS) has acquired Belleview Tower, a 12-story Class B+ office building in Denver’s Tech Center, for $20 million from an undisclosed seller. Totaling 201,670 square feet, Belleview Tower was 75 percent leased at the time of sale. The property features recently renovated corridors, amenities and a lobby. RCS will continue upgrading the property’s amenity package, including enhancements to the fitness center and common areas. The asset is located at 7887 E. Belleview Ave. Charley Will of CBRE brokered the transaction.  

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AcquisitionsColoradoIndustrialSelf-StorageWestern

Argus Self Storage Advisors Brokers Sale of 742-Unit Guardian Storage Aurora in Colorado

by Amy Works

AURORA, COLO. — Argus Self Storage Advisors has arranged the sale of Guardian Storage Aurora, a Class A self-storage facility in Aurora. Terms of the deal were not released. Located at 3633 Walden Circle, the 87,438-square-foot property offers 742 climate-controlled units within exterior, drive-up access buildings. Built in 2019, Guardian Storage Aurora was 90 percent occupied at the time of sale. Ben Vestal, Cole Carosella and Matthew Cox of Argus Self Storage Advisors facilitated the transaction.

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468-US-491-Dove-Creek-CO
AcquisitionsColoradoRetailWestern

Pinnacle Brokers Sale of 10,500 SF Retail Property in Dove Creek, Colorado

by Amy Works

DOVE CREEK, COLO. — Pinnacle Real Estate Advisors has arranged the sale of a retail property located at 468 US-491 in Dove Creek. The asset traded for $1.4 million. Family Dollar and Dollar Tree currently occupy the 10,500-square-foot asset. Peter Sengelmann of Pinnacle Real Estate Advisors represented the buyer in the transaction.

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9650-Federal-Blvd-Denver-CO.jpg
AcquisitionsColoradoMultifamilyWestern

CBRE Arranges $62M Sale of Manufactured Housing Community in Denver

by Amy Works

DENVER — CBRE has arranged the sale of Denver Cascade, a manufacturing home community in Denver. Denver Cascade LLC sold the asset to an undisclosed buyer for $62 million. Situated on 48 acres at 9650 Federal Blvd., Denver Cascade offers 382 home sites. Norm Sangalang, Erik Edwards, Jon Shay, Jez Lawson and Myles McGinnis of CBRE’s Manufactured Housing & RV Resorts team represented the seller in the deal.

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