Regions West | Denver
Pacific Coast, Griffis Group in JV to Take 2 Denver  M-Fs
Jan 18, 2008

Pacific Coast Capital Partners L.L.C. has formed a joint venture with the Denver-based Griffis Value Added Fund L.L.C. in order to buy Gateway Park Apartments, a 328-unit apartment community in Denver, Colo., and Bristol Village, a 240-unit apartment community in Aurora, Colo. Pamela Koster of Moran & Company represented the seller of Gateway Park, AMLI Residential. Garrette Matlock of Marcus & Millichap Real Estate Investment Brokerage Co. represented the seller of Bristol Village, Jordon Perlmutter & Co. No broker represented PCCP/GVAF in the transactions. The joint venture now owns three Denver-area apartment communities, having bought Highline on Cherry Creek, a 216-unit apartment community, in mid-2007.

 
Recent Denver Headlines
Starwood Land Ventures Adds West Region President to Oversee Expansion
Starwood Land Ventures L.L.C. continues to expand its nationwide presence with the addition of West region president, Michael Forsum.
44 cook Seattle's Schnitzer Moves into Denver with 2-Building Office Grab
Seattle-based Schnitzer West has ventured into the Denver market with its first acquisition there, a pair of offices that Schnitzer has bought in a joint venture with ING Clarion Lion Value Fund. The properties were purchased from Crescent Real Estate Equities L.P. for an undisclosed amount.
Denver Retail to go Relatively Unscathed in Economic
According to a second quarter report by Marcus & Millichap, the retail market in Denver is on track to maintain its healthy fundamentals this year, despite the nation's souring economy.
IBM Debuts $86M Green Expansion at Boulder Campus
IBM has wrapped up the development of a new 115,000-square-foot data center at its existing campus in Boulder, Co.
106,000SF Suburban Denver Office Building Sold
The 106,000-square-foot office building carrying the address of 6415-6455 Business Center Drive in Littleton--about 20 miles from Denver, Co., has sold.