The Pipeline

CBRE reports the following deals: PREP Property Group Inc purchased Aurora City Place, the 356,305-square-foot shopping center at the intersection of I-225 and Alameda Avenue in Aurora for $51.4 million from Weingarten Realty Investors and GDC Properties. Brad Lyons, Mike Winn and Tim Richey represented the seller. Stockbridge Real Estate of San Francisco purchased Interpark… Read more »

Cushman & Wakefield reports the following deal: Focus Property Group purchased Triad Orchard Station, the 414,831-square-foot, three-building office campus at 5660, 5670, 5680 Greenwood Plaza Blvd. in Greenwood Village, for $54 million from SB/Steelwave Triad LLC. Focus has hired Ryan Stout, Nate Bradley and Zach Williams as leasing agents. Stream Realty Partners reports the following… Read more »

Newmark Knight Frank reports the following deals: Courtyards Owner LLC purchased 688 multifamily units at Courtyards at Buckley at 2134 S. Richfield Way in Aurora for $143 million from Lands at Buckley Property Owner LLC ℅ JRK Investors Inc. Terrance Hunt and Shane Ozment represented the seller. Woodspear Properties (Ascendant Capital Partners DNA LLC) purchased… Read more »

CBRE reports the following deal: Los Angeles-based Marble Partners purchased Torrey Pines, the 235-unit apartment complex at 7575 E. Arkansas Ave. in Denver, for $46.2 million from Greenwood Village-based Vukota Capital. Dan Woodward, David Potarf and Matt Barnett represented the seller. Unique Properties reports the following deals: Denver Debreselam Medhanealem Ethiopian Orthodox Tewahedo Church purchased… Read more »

Lee & Associates reports the following deals: Peoria Street Company LLC, dba Mile High Delivery, purchased the 20,856-square-foot cold storage industrial building at 5115 Peoria St. in Denver for $3.4 million from Peoria Street Holdings LLC. Ron Webert represented both buyer and seller. Global Thermostat Operations leased 19,875 square feet at 10275 E. 106th Ave…. Read more »

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 »