Regions West | Denver
ProLogis Completes 4 Leases in Denver
ProLogis announced the completion of four new lease agreements in Denver, Co., totaling more than 300,000 square feet.
Regency Centers to Open Shops at Quail Creek
Regency Centers announced plans to open Shops at Quail Creek shopping center and King Soopers grocery store in Broomfield, Colo
NorthMarq Arranges $20M Financing for Denver M-F
On behalf of the borrower, the Denver regional office of NorthMarq arranged a permanent loan of $20 million for South Fork Apartments.
Luber Joins Duff & Phelps as Director, Property Tax
Paul Luber has joined the Denver office of Duff & Phelps as director in the property tax practice.
CBRE Capital Arranges $92M Refi for M-F Portfolio
CBRE’s Capital Markets secured a total of $92.3 million to refinance four apartment communities.
345 inverness Denver Flex Portfolio Trades for $66M
SVN Equities has pocketed $66.5 million on the disposition of three flex/industrial buildings in the Denver area. The Irvine, Calif.-headquartered private real estate investment and development firm, which shelled out an aggregate $40.3 million to purchase the properties in 2004 and 2005, sold the 485,000-square-foot portfolio to Houston-based Hines Real Estate Investment Trust Inc.
saddle river Bascom Nabs Denver-Area M-F for $32M
The Bascom Group L.L.C. has acquired a 320-unit Class A apartment community in the Denver suburb of Aurora, Colo., in a $32.2 million deal with seller Steadfast Cos.
Behringer Harvard Buys 185,000-SF Office Building in Denver
Acting through Behringer Harvard Opportunity REIT II Inc., Behringer Harvard has acquired a 185,000-square-foot office property in Denver from Principal Life Insurance Co.
American Realty Adds 304-Unit Denver-Area M-F to its Portfolio
Acting on behalf of one of its commingled funds, American Realty Advisors has purchased ALARA Greenwood Village, a 304-unit apartment community at 5400 Park Terrace, approximately 10 miles south of downtown Denver in Greenwood Village
$55M Financing Deal Wraps Up for New Ritz-Carlton Denver
A $55 million mortgage loan for the 202-room Ritz-Carlton Denver, located in downtown Denver at 1881 Curtis St., has just closed
Sunrise to Take its Innovative Independent Living Brand to Denver Area
Sunrise Senior Living has revealed plans to open the Stratford at FlatIrons, an independent living community that will be located approximately 15 miles from Denver in Broomfield, Colo.
JLL Hotels Arranges Sale of 3 Hotel Monacos 
Jones Lang LaSalle Hotels has announced the sale of the Hotel Monaco Chicago, Hotel Monaco Denver, and Hotel Monaco Salt Lake City on behalf of institutional clients advised by PREI--Prudential Real Estate Investors.
Apartment Complex in Chic Denver Community to Undergo $65M Expansion
The Seasons of Cherry Creek, a 439-unit luxury apartment property in Denver's tony Cherry Creek neighborhood, is about to experience a growth spurt. RedPeak Properties, which acquired the multi-family asset for $75 million in 2005, just broke ground on a $65 million expansion project that will add 148 residences to the complex.
UDR Wraps Up Reinvestment of Funds from $1.7B 1031 Exchange
Almost exactly six months after closing on the sale of 86 apartment properties to DRA Fund VI L.L.C. and joint venture partner Steven D. Bell & Co., UDR Inc. has concluded the reinvestment of 1031 exchange funds from the from the $1.7 billion sale.
Denver Office Market Expected to Close the Year in Good Standing
The future looks rosy for the Denver office market. As per a recent research report by Marcus & Millichap Real Estate Investment Services, the Rocky Mountain city is on track for a steady operating performance for 2008, and a positive performance for the long-term.
Apartment Property in Boulder Pulls in a Record $197,000 Per-Unit
Uptown Broadway, a multifamily community in Boulder, has traded for $23 million.
Energy Firm to Shell Out $300M to Build Two Plants in Denver Area
Just months after completing construction of its first North American manufacturing facility in Windsor, Colo., Denmark-based Vestas has revealed plans to develop two additional plants in suburban Denver at a total cost of approximately $300 million.
card First U.S. Wooden Key Cards to Debut in Denver at Democratic National Convention
At the Democratic National Convention in Denver this year, "green" key cards will be used in Denver hotel rooms--their debut in this country, according to Sustainable Cards and their manufacturer CPI Card Group. More than 70,000 biodegradable cards will be issued and used in area hotels.
Denver Apartment Community Commands $31M
After four years, the for-sale sign at Orchard Crossing has finally come down. Oakwood Homes sold the 420-unit Class A apartment complex to multifamily property developer and manager Dominium for just over $31 million, as per an article by CREFeed.com.
Construction Kicks Off on Tech Firm's Office Building in Loveland
Ground has broken on Waltham, Mass.-based Constant Contact Inc.'s new 50,000-square-foot office building in Loveland, Colo. Located near the intersection of Rocky Mountain Ave. and Test Dr. in Precision Office Park at Centerra, the build-to-suit facility will mark the e-mail marketing provider's first foray beyond its corporate headquarters home in Massachusetts. McWhinney is on board to oversee development activity, and Dohn Construction is serving as general contractor. Work is scheduled to reach completion in early 2009.
Bascom Acquires Denver-Area M-F for $60M
The Bascom Group has acquired Gleneagles Apartments, a 562-unit property in Northglenn, Colo., a northern suburb of Denver, for $60.8 million. The seller was Principal Life Insurance Co.
60,000SF Build-to-Suit Office Planned at 500-Acre Mixed-Use Project in Aurora
Development and construction firm Lauth has formed a joint venture with Lend Lease Communities to erect a 60,000-square-foot office building at Horizon Uptown, a 500-acre mixed-use development in Aurora, about 15 miles from Denver, Colo.
Turnkey Office Provider Opens 15,000SF Center in Cherry Creek
The Regus Group has leased 15,000 square feet at 100 Filmore Street in Cherry Creek, Colo., to house its newest turnkey office center.
130,700SF Denver Office Tower Fetches $32M
A transaction that resulted in a change in ownership of The Citadel, a nearly 130,700-square-foot office building at 3200 Cherry Creek South Drive in Denver, Co., has recently closed. KBS Realty Advisors acquired the seven-story building from Fort Worth, Tex.-headquartered Crescent Real Estate Equities L.P. for approximately $31.8 million.
 

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