The Pipeline: Commercial real estate deals for 1.17.20

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 Hampden Heights at 8405 E. Hampden Ave. in Denver (376 units, Arvada Village at 5839 Pierce St. in Arvada (264 units), Arvada Green at 7569 W. 72nd Ave. in Arvada (108 units), Waterfield Court Apartments at 3499 S. Uravan Way in Aurora (482 units), Skyline Apartments at 8849 Pearl St. in Thornton (464 units), Santana Ridge Apartments at 1355 S. Galena St. in Denver (384 units), Ten30 at 1030 E. 10th Ave. in Broomfield (209 units) and Ten49 at 1049 E. 9th Ave. in Broomfield (213 units). Terrance Hunt of Newmark’s Denver office was involved in the transaction.

Summit Communities LLC purchased the 104-unit The Meadows at Town Center apartment complex at 10101 Washington St. in Thornton for $19.36 million from Freshwater Investments. Andy Hellman and Justin Hunt represented the seller.

Highland Properties 120 LLC purchased the 24-unit Alameda Apartments complex at 9423 W. Alameda Ave. in Lakewood for $3.93 million from The Estate of Andrew Havas and Deborah Havas and Zsuzsa A. Blom. Spencer Bradley represented the seller.

Hensley Properties-Oak Terrace LP purchased 69 acres at the northeast corner of 104th Avenue and Chambers Avenue in Commerce City for $3.17 million from WDG 104th LLC. Michael Quinlan represented the buyer.

Architectural Concepts LLC leased 37,054 industrial square feet at 9300 E. 40th Ave. in Denver. Mike Wafer and Timothy D’Angelo represented the landlord.

E2 Optics LLC expanded its industrial lease at 76 Inverness Drive East in Englewood to 22,383 square feet. Keith Bell, Jason Addlesperger and David Lee represented the tenant.

JQ Crowe Company LLC leased 10,080 industrial square feet at 2721 W. Mansfield Ave. in Sheridan. Mike Wafer, Jeffrey Castleton and Jesse Clifford represented the tenant.

Ciena Communications Inc leased 4,300 office square feet at 370 Interlocken Blvd. in Broomfield. David Hart represented the landlord.

Western Alliance Bank leased 3,405 office square feet at 1725 Blake St. in Denver. Clay Jones represented the tenant.

Polestar Inc leased 3,085 office square feet at 1580 Lincoln St. in Denver. Peter Staab represented the landlord.

Converse Veterinary Services LLC leased 1,969 retail square feet at Village Plaza Shopping Center at 5302 DTC Blvd. in Greenwood Village. Carolyn Martinez and Michael Lindemann represented the landlord.

Exer Labs LLC leased 1,451 office square feet at 44 Cook St. in Denver. Clay Jones represented the tenant.

True North Marketing Co and Ryan McSpadden leased 986 office square feet at Building 1, 6000 E. Evans Ave. in Denver. Reed McLaughlin represented the tenant.

NAI Shames Makovsky reports the following deal:

Campos EPC LLC purchased 6,650 retail square feet at 1488 #C1 and 1510 Wazee St. in Denver for $3 million from Off-Market LLC. Peter Wycoff represented the seller.

Caliber Bodyworks of Colorado Inc leased 27,224 industrial square feet on approximately three acres at 4909 Fox St. in Denver. Paul Kahn, Matthew Marcus and Rachel Canella represented the landlord. Cameron Flint of CBRE represented the tenant.

Sportline of Arvada Inc leased 8,500 retail square feet in the Fairlanes Shopping Center at 6510 Wadsworth Blvd., Suite 100, in Arvada. Sandy Feld and Jake Malman represented the landlord.

Brockman Group reports the following deals:

SSIC Inc purchased the 2,916-square-foot restaurant building at 14255 Lincoln St. in Thornton, currently home to Freddy’s Frozen Custard & Steakburgers, for $1.82 million from Thornton Development LLC. Justin Brockman and Chris Student represented the seller.

Jordan Ries purchased the five-unit apartment building at 917 E. 13th Ave. in Denver for $1 million from Greyhound LLC. Justin Brockman and Chris Student represented the seller.

Transworld Commercial Real Estate reports the following deal:

3790 Chase St LLC purchased 3790 Chase St. in Wheat Ridge for $837,500 from Mitzner & Baumel LLC. Phil Kubat represented the buyer.

Stream Realty Partners reports the following deal:

SDI Inc leased 5,248 square feet at 5200 DTC Pkwy. in Greenwood Village. John Hutto and Judson Robertson represented the landlord.

Skywriter MD leased 2,156 square feet at 5340 S. Quebec St. in Greenwood Village. John Hutto and Judson Robertson represented the landlord.

Team Physical Therapy leased 1,952 square feet at 9088 Ridgeline Blvd. in Highlands Ranch. Judson Robertson and Shawn McGorry represented the landlord.

The Urban Collective reports the following deal:

BruMate leased 4,015 office square feet at 2935 Larimer St. in Denver. Mike Carnes and Bryce McNeeley represented the landlord.

Weingarten Realty reports the following deal:

Orangetheory Fitness leased 3,500 retail square feet at Edgewater Marketplace in Edgewater.

POSTED IN Data, The Pipeline

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