CENTENNIAL, COLO. — Marcus & Millichap has brokered the sale of Offices of Southglenn, an office property located at 6590 S. Vine St. in Centennial. A limited liability company sold the asset to a local veterinarian for $1.8 million. At the time of sale, the 11,589-square-foot building was 40 percent occupied. The buyer plans to renovate the property and establish a surgical veterinary center. Brandon Kramer and Chadd Nelson of Marcus & Millichap represented the seller in the deal.
SOUTH LAKEWOOD, COLO. — S2 Capital has purchased Dartmouth Woods, a garden-style apartment property in South Lakewood, a suburb of Denver, for an undisclosed price. Located at 10025 W. Dartmouth Ave., Dartmouth Woods offers 201 apartments in two- and three-story buildings. The buyer will implement interior renovations, including stainless steel appliances, modern lighting, new flooring and updated cabinets, along with extensive renovations to the exterior and amenities space. Dartmouth Woods was built in 1990.
DENVER — RedPeak Properties has obtained $51.1 million in financing for Elowyn Townhomes in southwest Denver. Tony Nargi and Eric Tupler of JLL Capital Market Debt Advisory originated the five-year, fixed-rate, Fannie Mae loan, which features full-term interest-only payments. JLL Real Estate Capital LLC will service the loan. Located at 4725 W. Quincy Ave., Elowyn Townhomes features 211 two-story one- and two-bedroom units with a semi-finished, full-floor plate basement, backyard patios, stainless steel appliances, fireplaces and high-end finishes. Originally built in 1975, the community was renovated in 2014. At the time of financing, the property was 97 percent leased. Situated on 14.7 acres, the community offers a pool, spa, sauna, clubhouse and grills.
DENVER — Pinnacle Real Estate Advisors has arranged the sale of Eliot Flats, a multifamily property located at 3233 Eliot St. in Denver. The asset traded for $8.8 million, or $220,000 per unit. Built in 2015, Eliot Flats offers 30 studio units and 10 one-bed/one-bath units. The property features a solar power system, Smart Water metering, and energy-efficient windows and finishes. Jim Knowlton of Pinnacle represented the undisclosed buyer in the deal. The name of the seller was not released.
PARKER, COLO. — Trevey Commercial Real Estate has arranged the sale of a 27-acre development site at 8996 Motsenbocker Road in Parker, approximately 23 miles southeast of downtown Denver. Jeffrey and Diane Roth sold the asset to Perry Lane LLC for $3.5 million. The buyer plans to develop a mixed-use neighborhood on the site with 70 apartments in two- and three-story buildings, a five-acre neighborhood retail center and a 14.5-acre neighborhood park. Mitch Trevey of Trevey Commercial Real Estate represented the seller, while Travis Ackerman of Cushman & Wakefield represented the buyer in the deal.
FORT COLLINS, COLO. — Cushman & Wakefield has arranged the sale of Harmony Commons, a neighborhood retail center located at 3541 and 3581 Harmony Road in Fort Collins. Denver-based Urban Village sold the asset to an undisclosed investor for $14 million. Jon Hendrickson, Aaron Johnson and Mitch Veremeychik of Cushman & Wakefield represented the seller, while Joshua Guernsey of Waypoint Real Estate represented the buyer in the deal. Built in 2017, Harmony Commons consists of two multi-tenant, single-story retail buildings totaling 25,701 square feet. At the time of sale, the property was 87 percent occupied by eight tenants.
AURORA, COLO. — A joint venture between Draper and Kramer Inc., Koebel and Co., Mile High Development and Urban Roots Development is developing Tempo Nine Mile Station, a multifamily community with 3,000 square feet of ground-floor retail space at the northeast corner of Parker Road and Peoria Street in Aurora. The property is part of The Point, a 22-acre master-planned development with walkable grocery, restaurant, retail and green spaces. Preleasing now, Tempo Nine Mile Station features 255 apartments in a mix of one-, two- and three-bedroom layouts, ranging in size from 542 square feet to 1,321 square feet. Monthly rental rates for available units were not disclosed. Community amenities include an outdoor pool and landscaped courtyard, a community room, coworking spaces, high-speed Wi-Fi, a bike/ski/kayak storage room, yoga studio, rooftop fitness center and a party deck. The project team includes KTGY Architects and Brinkmann Constructors. The project was financed by a HUD 221(d)(4) loan originated by PGIM Real Estate.
ENGLEWOOD, COLO. — BlueScope Properties Group has completed the sale of Dove Valley Logistics Centre II, a Class A warehouse located at 7800 S. Fairplay St. in the Denver suburb of Englewood, to LBA Realty for an undisclosed price. Sean Devaney and Rob Key of JLL Investment Sales and Advisory represented the seller in the deal. Built in 2023, the 304,620-square-foot cross-dock warehouse offers 89 dock-high doors, 36-foot clear heights, 60-foot column spacing and ESFR sprinklers. Additionally, the property offers 6,700 square feet of office space, including an employee break area, wellness room, conference room and security station. At the time of sale, the asset was fully leased by an e-commerce giant.
DENVER — Swire Coca-Cola USA, a prominent Coca-Cola bottler in the Western United States, has confirmed plans for a new bottling plant near Denver International Airport. According to the project’s website, Swire Coca-Cola plans to invest between $350 million and $500 million to construct the facility, which will be located at the airport’s Second Creek Campus. According to Denver Business Journal, the new facility will span 570,000 square feet. The project website estimates that Swire Coca-Cola will break ground in third-quarter 2025 and hold a grand opening in first-quarter 2027. Additionally, equipment is scheduled to be installed and commissioned in third-quarter 2026. Swire Coca-Cola plans to use the property to replace both an existing production center at 3825 York St. and a sales center at 2145 E. 40th Ave., which are located within a half-mile of each other and about 17 miles southwest of the airport. The new Swire Coca-Cola plant, which will be used for the bottling of both Coca-Cola plastic bottles and aluminum cans, will sit on 97 acres at the northeast corner of Tower Road and Pena Boulevard. The company plans to employ approximately 200 people at the new facility. Denver Business Journal reports that Denver City Council …
AURORA, COLO. — CBRE has arranged a $15.4 million loan for Stratford Partners’ acquisition of Del Arte Townhomes in Aurora, just east of Denver. Located at 11135 E. Alameda Ave., Del Arte Townhomes offers 94 one- and two-bedroom apartments with washers/dryers and attached garages. Built in 2001, the community features eight two-story buildings across 6.5 acres. Scott Peterson, Bill Chiles, Brian Cruz and Colby Matzke of CBRE Capital Markets’ debt and structured finance team secured a five-year, interest-only agency loan. CBRE’s Shane Ozment, Terrance Hunt, Andy Hellman and Justin Hunt facilitated the sale of the community.
