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Spectrum Properties Picks Up One Lincoln Station in Lone Tree
Dallas-based Spectrum Properties struck a deal with Bradbury Properties Co. to acquire One Lincoln Station in Lone Tree, CO, for $43.75 million, or about $284 per square foot. The 152,474-square-foot, six-story office building delivered in 2008 as...

IRET Pays $128.7 Million for Westend in Downtown Denver
Investors Real Estate Trust (NYSE: IRET), a North Dakota-based company, has purchased a 390-unit apartment complex in downtown Denver for $128.7 million. Westend Apts., a 16-building community at 3500 Rockmont Dr., was developed by San Francisco-based...

Southlands Mall Sells for $142 Million to Chicago Firm
Chicago-based M & J Wilkow and MetLife Investment Management have acquired Aurora’s Southlands mall for nearly $142 million, marking the largest retail investment sale in metro Denver since the 2015 acquisition of Belmar in Lakewood for roughly $300 million...

$667 Million Blackstone REIT Securities Deal Hits the Street
The 353-unit Milehouse apartments in Denver is one of 13 backing the new offering. Freddie Mac (OTCQB: FMCC) recently priced a new $667 million, mortgage securities offering, made up of fixed-rate multifamily loans backed by 13 Blackstone Group (NYSE...

Denver's Bear Valley Office Bldg. Trades Hands
The Bear Valley Office Building at 5353 W. Dartmouth Ave. in Denver has been acquired by a private investor for $9.5 million, or about $123 per square foot. The 77,339-square-foot, five-story building delivered in 1979 just north of the S. Sheridan...

Tabor Center Owners Submit Plans for Second Tower
After years of speculation about the impending development of a second tower at downtown Denver’s Tabor Center, one of the project’s architects has submitted a preliminary proposal to the Denver Department of Planning and Community Development. Chicago...

Kohls Joins Cushman & Wakefield | Colorado Springs Commercial as Executive Managing Director
Steve Kohls has been named executive managing director of Cushman & Wakefield | Colorado Springs Commercial. Kohls will specialize in local office sales and leasing, in addition to commercial land deals and facilitating new developments surrounding...

Dominium Breaking Ground Next Month on Denver Multifamily Project
Dominium, an affordable housing development and property management firm based in Minneapolis, will break ground April 2 on East Range Crossings, a new 252-unit multifamily community located off Pena Blvd. at 5801 Argonne St. in northeast Denver. The...

Master Planning Effort Near Broncos Stadium Kicks Off
Master planning efforts for a redevelopment south of the Broncos' stadium in Denver’s Sun Valley neighborhood kick off this spring with a series of public meetings, the city’s Department of Community Planning and Development said Wednesday. The Broncos...

HFF Appoints Perry to Director
Nathaniel Perry has been appointed to director at HFF in Denver. Working alongside Jules Sherwood, managing director of HFF Denver, Perry will specialize in office and industrial investment advisory transactions in the market. Perry was formerly...

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