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Newmark Knight Frank reports the following deals: Eight Denver-area apartment complexes representing 2,500 units were among 36 complexes that made up Aragon Holdings LLC’s national portfolio, which sold this week for $1.85 billion to Harbor Group International. It was the fifth-largest multifamily sale in U.S. history, and the largest since 2016. The Denver-area complexes are… Read more »
Newmark Knight Frank reports the following deals: Laramar Nine Mile Station Associates LLC purchased the 336-unit Axis at Nine Mile Station apartment complex at 3257 S. Parker Road in Denver for $78.25 million from 3257 South Parker Road Apartments LLC. Terrance Hunt and Shane Ozment represented the seller. CR Cambridge Communities LLC purchased the 114-unit… Read more »
CBRE reports the following deal: Avanath Affordable Housing IV LLC purchased the 220-unit affordable housing complex Fox Crossing at 8350 E. Yale Ave. in Denver for $34.25 million from California-based Legacy Partners. Dan Woodward, David Potarf, Matt Barnett, Spencer Hurst, Tim Flint and Taylor Froland represented the seller. NAI Shames Makovsky reports the following deals:… Read more »
ULX Commercial reports the following deal: Generation Development purchased a 4,250-square-foot building on 0.45 acres at 1614-1618 N. Lafayette St. in Denver for $3.095 million from 1618 Lafayette LLC and Kira Golden. Condominiums are planned for the site. Diona Gouker and Heidi Finn represented the buyer. NAI Shames Makovsky reports the following deals: Lennar Multifamily… Read more »
Correction: Incorrect deals were reported under NAI Shames Makovsky in the last edition of Pipeline 2.0, published Nov. 22. The correct deals are included this week. NAI Shames Makovsky reports the following deals: ATR Holdings LLC purchased 12,860 industrial square feet at 2600 W. 62nd Ave. in Denver for $2.45 million from Step Denver Inc…. Read more »
Nexus Commercial Realty reports the following deal: Abiete Real Estate Tic 1 LLC and Abiete Real Estate Tic 2 LLC purchased the 69-unit Autumn Ridge apartment complex at 2692-2696 S. Federal Blvd. in Denver for $8.96 million from Marudas Rentals LLC. Sean Holamon represented the seller. Jason Koch represented the buyer. Abiete Jar LLC purchased… Read more »
Newmark Knight Frank reports the following deals: Monaco South Owner LLC purchased the 220-unit Monaco South apartment complex at 2280 S. Monaco Pkwy. in Denver for $36 million from Westfield Income Partners XI LLLP. Shane Ozment, Terrance Hunt, Justin Hunt and Andrew Hellman represented the seller. Marble Partners and Lion Real Estate Group LLC purchased… Read more »
CBRE reports the following deal: Bethesda, Maryland-based ASB Investment Management purchased three fully leased industrial properties totaling 633,193 square feet — located at 22100 E. 26th Ave. in Aurora, 9410 Heinz Way in Commerce City and 18300 E 28th Ave. in Aurora — for $72 million from New York-based Link Industrial. Jim Bolt, Tyler Carner… Read more »
CBRE reports the following deals: Miami-based SF Partners purchased the 10-story, 126,436-square-foot office building Yosemite Office Plaza at 3600 S. Yosemite St. in Denver for $13.35 million from Sperry Properties of Irvine, Calif. James Brady, Campbell Davis, Mike Winn, Jenny Knowlton and Tim Richey represented the seller. Denver-based Ogilvie Properties purchased the 10-story, 131,949-square-foot office… Read more »
BKM Capital Partners reports the following deal: California-based BKM Capital Partners purchased Crossroads Distribution Center — a 14-unit industrial asset consisting of three single-story distribution warehouse buildings totaling 150,245 square feet at 3700 Havana St. in Denver — for $14.75 million from KEW Realty. The business park is 90 percent leased to 12 tenants. Broe… Read more »
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