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News
Waterpark II & III flow into local ownership
  A pair of Class A buildings with waterfalls, mountain views and strong credit tenants sold for $14 million.
Boulder Transit Village to bring in office space for creative types  Cool, contemporary – and affordable – office space will be the first order of business for Boulder’s Transit Village area.
  Andy Bush of Boulder-based Morgan Creek Ventures and Bob Sutherland of Sutherlands lumber will redevelop Sutherlands’ 5.6 acres at 30th Street and Valmont Road.

To view this article in its entirety, please see the current edition of the Colorado Real Estate Journal. To subscribe, click here.

Manufacturing building trades   A 153,858-square-foot industrial/manufacturing building in Denver sold to an investment group looking to lease or resell the property.
  Harrison Lima EAT LLC, a local family investment group, paid $3.25 million, or $21 per sf, for the building on 6.21 acres of land at 5000 Lima St. The property is located just north of Interstate 70 between Peoria and Havana streets.

To view this article in its entirety, please see the current edition of the Colorado Real Estate Journal. To subscribe, click here.

Office Depot sells for $3.59m   A California buyer made its first investment in Colorado with its acquisition of an Arvada retail property.
  IMT Khougaz LP paid $3.59 million, or $174.36 per square foot, for the 20,590-sf retail building at 12505 W. 52nd Ave. The freestanding building, situated on more than 1.5 acres, is occupied by Office Depot, which signed a 15-year lease there.

To view this article in its entirety, please see the current edition of the Colorado Real Estate Journal. To subscribe, click here.

NorthMarq Capital closes $15.15m  NorthMarq Capital recently closed $15.15 million in loans for a trio of commercial properties along the Front Range.
  The largest of the three transactions was a $6.9 million permanent loan arranged for the Westlake Village Centre for an undisclosed borrower. Steve Koeneke and Chris Williams of NorthMarq Capital arranged the loan.

To view this article in its entirety, please see the current edition of the Colorado Real Estate Journal. To subscribe, click here.
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