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Commercial Real Estate Direct Staff Report Northmarq has provided $48.52 million of Fannie Mae financing to facilitate Griffis Residential's purchase of the 304-unit Peakview Apartments in Centennial, Colo. Griffis, of Greenwood Village, Colo., purchased the property for $115 million, or ...
Denver Business Journal Centerspace, the former Investors Real Estate Trust, has paid $95 million, or $441,860/unit, for the 215-unit Lyra Apartments in Centennial, Colo., about 13 miles south of Denver. The Minot, N.D., REIT purchased the property from its developer, ...
Jordon Perlmutter & Co. has broken ground on HUB Arapahoe, a 304,172-square-foot industrial property in Centennial, Colo. The Denver developer is building the property in two phases on a 22-acre site at 11213 and 11243 East Caley Ave., about 16 ...
The Emeryville, Calif., developer financed the purchase with a $41 million loan from Wells Fargo Bank that matures in 2028, according to public records. The property is 82 percent leased and anchored by Travelers Cos.
Libitzky Property Cos. has acquired the 220,396-square-foot Inova II office building in Centennial, Colo., from United Properties & Principal Real Estate Investors. The Emeryville, Calif., developer is said to have paid $63.3 million, or $287.21/sf, and financed the purchase with ...
The transaction was financed with a five-year, $10.15 million loan from Wells Fargo Bank, according to Arapahoe County, Colo., records. The buildings, developed in 1999, previously were part of the three-building Rampart Center that LBA Realty had bought in 2017. ...
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