Is Your Investment Safe? The Shocking Truth About Commercial Real Estate Deals on 1.9.26!

The commercial real estate market continues to demonstrate robust activity across various sectors, with several notable transactions recently reported. These deals reflect ongoing interest and investment in both residential and commercial properties, indicating a dynamic landscape in the industry.

One of the standout transactions involves L&G, a global asset manager, which acquired a newly constructed 300-unit apartment complex located at 15101 Belford Ave. in Parker for an impressive $97.2 million. This acquisition was made on behalf of L&G's Institutional Retirement business, marking it as a significant investment as the sole investor in this venture.

In another notable deal, ErvoSquare and Matrix Group Inc. purchased the Pacifica Union industrial portfolio, comprising ten buildings with a total space of 257,409 square feet at the intersection of Union Avenue and Santa Fe Drive in Englewood for $33.45 million. The partnership aims to reposition the portfolio with nearly $2.5 million allocated for improvements and extensive leasing efforts, beginning with approximately 30,000 square feet of existing vacant space. This transaction was represented by Michael DeSantis and Brett MacDougall of Unique Properties, while Peter Merrion and Rob Key of JLL facilitated the partnership arrangement.

Meanwhile, Yevter LLC made headlines by acquiring a former 28,099-square-foot Harley-Davidson dealership at 2885 W. County Line Road in Littleton for $5.9 million. The transaction was represented by Robert Lawson, Paul Nora, and Jamie Mitchell of Elite CRE.

Further expanding its portfolio, Continental Realty Corp., a Baltimore-based real estate investor, purchased its first Colorado asset, the Thornton Town Center located at 9223-10001 and 10005 Grant St., for $25.5 million from Citivest Commercial Investments. This shopping center spans 266,008 square feet and is nearly 73% leased, featuring notable tenants such as Malibu Jack’s, The Picklr, and Sky Zone Trampoline Park. The seller was represented by Brad Lyons of CBRE.

Several other noteworthy transactions were reported by Fuller Real Estate. One involved 9376 S University LLC, which acquired a US Bank Building at 9376 S. University Blvd. in Highlands Ranch for $3.17 million from Regis University. Rachel Colorosa and Zach Schuchman represented the seller, while Bradley Van Hull of Van Hull Commercial represented the buyer.

In Morrison, Red Rox Properties II LLC purchased a 1,864-square-foot retail property at 120 Bear Creek Ave. for $720,000 from Moskal Properties LLC, with Esperanza Wardroup representing the seller and Chris LaMee of Banyon Real Estate representing the buyer.

In another transaction reported by Pinnacle Real Estate Advisors, AIG Properties acquired an 11,909-square-foot retail/office building at 2560-2590 W. Main St. in Littleton for $4.5 million from Crystal and Russ Hathaway. RC Myles and Craig Myles represented the seller.

The activity wasn’t limited to larger portfolio transactions; smaller deals also made waves in the market. Golden Hills LLC purchased 9960 Wadsworth Parkway, a 7,950-square-foot retail strip center in Westminster, for $1.8 million from M&R Property Management LLC, brokered by Justin Krieger.

Other notable purchases include 3605 Knox LLC acquiring two nine-unit apartment complexes in unincorporated Arapahoe County for $2.25 million from MIP Colo V LLC, and Four Marketing LLC acquiring an 18-unit apartment complex at 1400 Kingston St. in Aurora for $2 million from Prima Kingston LLC.

Real estate leasing activity is also vibrant, with Arrowhead Floors & Interiors leasing 25,000 square feet at 3220 E. 52nd Ave. in Denver, represented by Jake Malman. Additionally, Anythink Libraries leased 2,142 square feet at 15400 E. 103rd Place, Unit 1000 in Commerce City, with representation by Jeffrey Hirschfeld.

As the commercial real estate landscape evolves, these transactions highlight a dynamic market with a mix of established companies and new investors seeking opportunities. With ongoing interest in both residential and commercial properties, it will be interesting to see how these investments shape the future of the industry in the coming months.