The Pipeline: Commercial real estate deals for 1.7.22

The week's top commercial real estate sales and leases in the Denver area

Equity Residential bought the 319-unit Milo apartments at 4109 E. 10th Ave. in Denver for $169 million from Continuum Partners and CIM Group. (Courtesy of Equity Residential)

Editor’s note: Pipeline is changing for 2022. Previously a standalone email that arrived in inboxes late Friday morning, Pipeline will now be published Friday morning on our website and linked in BusinessDen’s daily email. To submit deals, email thomas@businessden.com.

Top sales:

No. 1: Equity Residential purchased the 319-unit Milo apartment building at 4109 E. 10th Ave. in Denver for $169 million from Continuum Partners and CIM Group.

No. 2: Equity Residential purchased the 275-unit Theo apartment building at 985 N. Albion St. in Denver for $142 million from Continuum Partners and CIM Group.

No. 3: 29th Street Capital purchased the 266-unit Peakline at Copperfield apartment complex at 4343 S. Picadilly St. in Aurora for $104 million.

Top leases:

No. 1: McKesson Medical-Surgical leased 135,053 square feet at Ascent Commerce Center at 17956 E. 84th Ave. in Commerce City. Mark Dwyer and Scott Caldwell of Lincoln Property Co. and Drew McManus, Bryan Fryand Ryan Searle of Cushman & Wakefield represented the landlord.

No. 2: State of Colorado, Health Care Policy & Financing Dept. leased 103,706 office square feet at 303 E. 17th Ave. in Denver. Peter Thomas and Andrew Piepgras of Lincoln Property Co. represented the landlord.

No. 3: Next Level Resource Partners Inc. leased 84,340 industrial square feet at 4955 Kalamath St. in Denver.Tim Shay and Tyler Ryon of Colliers represented the tenant.

CBRE reports the following deal:

Thayer Manca purchased the 319-unit Highland Point Apartments at 16894 E. Arkansas Ave. in Aurora for $80.5 million from Hudson Capital. Justin Hunt, Andy Hellman, Kevin McKenna, Saul Levy, Katie Fergen and Jessica Graham represented the seller.

Colliers reports the following deals:

TMP Santa Fe Project LLC purchased 126 multifamily units at 1225 Santa Fe Drive in Denver for $43 million from Steele Street LLC. Bill Morkes, Craig Stack and Keegan Hofer represented the seller.

Stifel, Nicolaus & Co. leased 8,324 square feet at 6312 S. Fiddlers Green Circle in Greenwood Village. Abby Vollmer and Bob Whittelsey represented the landlord.

Moderno Porcelain Denver LLC leased 21,384 square feet at 11945 E. 49th St. in Denver. David Hazlett and Tom Stahl represented the landlord.

Stolle Machinery Company LLC leased 20,254 industrial square feet at 6981 S. Quentin St. in Centennial. David Hazlett and T.J. Smith represented the landlord. Nick Rice represented the tenant.

Door Dash Essentials LLC leased 15,000 industrial square feet at 12508-12560 E. Briarwood Ave. in Centennial. David Hazlett and T.J. Smith represented the landlord.

Vulcan Fire and Security LLC leased 7,092 industrial square feet at 14828 W. 6th Ave. in Golden. Matt Keyerleber and T.J. Smith represented the landlord.

WM Denver LLC dba Weed Man Lawn Care leased 7,085 industrial square feet at 7285 S. Revere Parkway in Centennial. Cody Sheesley and T.J. Smith represented the landlord.

B:Side Capital subleased 7,242 office square feet at 3350 Brighton Blvd. in Denver. Chris Wiley and Matt Ball represented the tenant.

Commercial Risk Solutions Inc. subleased 22,105 office square feet at 9780 S. Meridian Blvd. in Englewood. Jeremy Reeves represented the tenant.

Cushman & Wakefield reports the following deals:

Westcore purchased 142,760 industrial square feet at Park 225 at 13575 E. 37th Ave. in Aurora for $33 million from Karis Capital and AEW. Will Strong, Kirk Kuller, Greer Oliver and Connor Nebeker-Hay represented the seller. Matt Tone, Steve Hager, Joey Trinkle, Drew McManus, Ryan Searle and Bryan Fry provided leasing advisory.

L&B Realty Acquisitions LLC purchased 36,441 retail square feet at 1711-1735 19th St. in Denver for $25.5 million from Thermo Union Pacific LLC. Jon Hendrickson and Aaron Johnson represented the seller.

AP Wheeler Block LLC purchased 33,125 office square feet at 2150 W. 29th Ave. in Denver for $13.5 million from Wheeler Block Investments LLC. Jon Hendrickson and Aaron Johnson represented the seller.

Berkadia reports the following deal:

Channing Colorado LLC purchased the 26-unit The Victor apartment building at 1790 N. Gaylord St. in Denver for $15.15 million from GS Victor LP. Nick Steele and Tyler King represented the seller.

Sheldon-Gold Realty reports the following deal:

Houseman Building LLC purchased the 95,230-square-foot office building at 5889 Greenwood Plaza Blvd. in Greenwood Village for $16.3 million from 5889 Greenwood Plaza LLC. Eric Gold represented the buyer. Patrick Devereaux of CBRE represented the seller.

Quiver Investments reports the following deal:

Stulu LLC purchased 28,196 medical office square feet at 340 E. 1st in Broomfield for $5.85 million from Broomfield Offices LLC. John Witt and Ben Swanson represented the buyer. James O’Malley of Resolute Investments represented the seller.

Marcum Commercial Advisors reports the following deals:

FSI City Center LLC purchased a 43,915-square-foot industrial building at 6531 W. 56th Ave. in Arvada for $5.85 million from CBA Giambrocco LLLP. Marcum Commercial Advisors represented the buyer and seller.

Cobblestone Denver Propco LLC purchased a 5,674-square-foot retail building at 6699 Leetsdale Drive in Denver for $1.525 million from Starika Family Partnership LTD. Maxwell Marcum represented the seller.

CSM Real Estate Investments LLC purchased a 1,247-square-foot office condo at 7596 W. Jewell Ave. in Lakewood for $205,000 from David Hachmeister. Austin Rickard represented the seller.

Fucheng LLC purchased an 1,800-square-foot retail building at 6655 Leetsdale Drive in Denver for $550,000 from Starika Family Partnership LTD. Maxwell Marcum represented the seller.

Ethos Gym LLC leased 2,600 industrial square feet at 5161 Ward Road, Unit 4, in Wheat Ridge. Austin Rickard represented the tenant.

Shawn Trueman leased 117 office square feet at 2750 S. Wadsworth Blvd., Suite C-200-10, in Denver. Austin Rickard represented the tenant.

Banter Vapor LLC leased 1,000 retail square feet at 7440 W. 38th Ave. in Wheat Ridge. Austin Rickard represented the landlord.

Nest Art Collective LLC leased 2,000 retail square feet at 7450-7460 W. 38th Ave. in Wheat Ridge. Austin Rickard represented the landlord.

Brady, McFarland & Lord leased 4,720 office square feet at 6870 W. 52nd Ave., Suite 103, in Arvada. Scott Marcum & Austin Rickard represented the tenant.

Morain & Bakarich CPAs leased 3,460 office square feet at 2801 Youngfield St., Suite 360, in Golden. Scott Marcum represented the tenant.

Goat Construction leased 2,500 industrial square feet at 4880 Robb St., Unit 12, in Wheat Ridge. Maxwell Marcum represented the landlord.

Restoration Covenant Church purchased a 13,800-square-foot building at 7135 W. 68th Ave. in Arvada for $950,000 from Arvada Church of God. Scott Marcum and Maxwell Marcum represented the buyer.

Lincoln Property Co. reports the following deals: 

9605 Kingston Court LLC purchased 29,987 office square feet at 9605 Kingston Court in Englewood for $4.425 million from Meridian Kings LLC. Peter Thomas of Lincoln Property Co. and Dan Beer of Cushman & Wakefield represented the seller.

Overlay leased 5,815 square feet at 2000 S. Colorado Blvd. in Denver. Scott Caldwell, Billy Woodward, Andrew Piepgras and Peter Thomas represented the landlord.

Integrity Wealth Solutions leased 1,733 square feet at 4725 S. Monaco St. in Denver. Peter Thomas and Andrew Piepgras represented the landlord.

Nusura leased 2,380 square feet at 4725 S. Monaco St. in Denver. Andrew Piepgras and Peter Thomas represented the landlord.

Lincoln Apartment Management leased 2,546 square feet at 2000 S. Colorado Blvd. in Denver. Scott Caldwell, Billy Woodward, Andrew Piepgras and Peter Thomas represented the landlord.

Pinnacle Real Estate Advisors reports the following deals:

157 N Steele LLC purchased the single-tenant medical condo at the base of the Laurel condo building at 157 Steele St. in Denver for $3.9 million from Revesco Properties of Cherry Creek LP. Peter Sengelmann, Eric Diesch and Jackson Coon represented the seller.

781-785 Vallejo Street LLC purchased 10,800 industrial square feet at 781 Vallejo St. in Denver for $1.975 million from 781-785 Vallejo LLC. Justin Krieger represented the seller.

The Stuart C. Ledsam Living Trust purchased seven multifamily units at 10900 W. 44th Place in Wheat Ridge for $1.7 million from RPAC Capital Growth LLC. Barton Thompson represented the seller.

Corey Sandberg and Benjamin Van Westrum purchased four multifamily units at 1380 Balsam St. in Lakewood for $925,000 from Eclaire Holdings LLC. Josh Newell, Connor Knutson and Jake Waxter represented the seller.

Capstone reports the following deal:

5220 W 5th Street LLC purchased nine multifamily units at 5220 W. 5th Ave. in Lakewood for $2.1 million from KLW Real Estate 6 LLC. Sean Holamon represented the seller.

John Propp Commercial Group reports the following deals:

Sixty57 LLC purchased 10,250 industrial square feet at 6057 E. 49th Drive in Commerce City for $1.8 million. John Propp Commercial Group will manage the asset.

Cherry on Pearl LLC purchased 2,267 office square feet at 1807 S. Pearl St. in Denver for $1.05 million from 1807 S Pearl Street LLC. Joshua Cohen represented the seller.

NAI Shames Makovsky reports the following deal:

King Street Residence LLC purchased 1300 N. King St. in Denver for $1.27 million from Bethel Presbyterian Church. Todd Snyder, Evan Makovsky and Joey Gargotto represented the seller.

Fuller Real Estate reports the following deals:

Pineapple Properties LLC purchased a warehouse at 521 W. 115th Ave. in Northglenn for $1 million from Scott and Marlene Brandon. Tanner Fanello and Brian Baker represented the seller.

KLM Development LLC purchased the 6,352-square-foot office building at 1949 Wadsworth Blvd. in Lakewood for $965,000. Travis Wanger and Alex Scott represented the seller.

The Blue Bench leased 8,158 office square feet at 363 S. Harlan St. in Lakewood. Travis Wanger and Alex Scott represented the landlord.

The Disc Chiropractic leased 646 square feet at 6990 W. 38th Ave. in Wheat Ridge. Jen Hippisley and Paul Roberts represented the landlord.

Impact Commercial reports the following deals:

Christina Trostel LLC purchased 1,683 square feet at 5020 W. 29th Ave. in Denver for $965,000. Anthony Palumbo represented the buyer.

NUKA Enterprises leased 2,523 office square feet at 2801 Welton St., Suite 200, in Denver. Sarah Sparks represented the landlord. Drew Thomas of CBRE represented the tenant.

Deal from public records:

Centerspace LP purchased the 176-unit Civic Lofts apartment building at 360 W. 13th Ave. in Denver for $63 million from Golden Triangle MF Owner LLC.

The week's top commercial real estate sales and leases in the Denver area

The week's top commercial real estate sales and leases in the Denver area

Equity Residential bought the 319-unit Milo apartments at 4109 E. 10th Ave. in Denver for $169 million from Continuum Partners and CIM Group. (Courtesy of Equity Residential)

Pipeline is changing for 2022. Previously a standalone email that arrived in inboxes late Friday morning, Pipeline will now be published Friday morning on our website and linked in BusinessDen’s daily email.

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