The Pipeline: Commercial real estate deals for 12.2.22

The entrance to Granite Tower at 1099 18th St. was updated as part of a recent round of renovations. (Courtesy of KBS)

Deals of note

1. PDC Energy subleases 108,549 square feet across floors 13 to 17 at Granite Tower at 1099 18th St. in Denver from Occidental Petroleum. PDC later expanded onto floor 19 to accommodate its acquisition of Great Western Petroleum. Jamie Roupp, Andy Ross, and Maddy Stevenson of JLL represented the landlord.

2. TA Realty purchased 340,960 industrial square feet on 15 acres at 11777 E. 55th Ave. and 11475 E. 53rd Ave. in Denver for $33 million from institutional investors advised by JP Morgan Global Alternatives. Jeremy Ballenger, Tyler Carner, Jim Bolt and Jessica Ostermick of CBRE represented the seller.

3. Aether Apparel has opened a 1,400-square-foot store in Basecamp Market Station in downtown Denver.

CBRE reports the following deal:

TA Realty purchased 340,960 industrial square feet on 15 acres at 11777 E. 55th Ave. and 11475 E. 53rd Ave. in Denver for $33 million from institutional investors advised by JP Morgan Global Alternatives. Jeremy Ballenger, Tyler Carner, Jim Bolt and Jessica Ostermick represented the seller.

Marcus & Millichap reports the following deal:

Billings Street Apartments LLC purchased Shadow Tree Apartments at 1800 Billings St. in Aurora for $18 million from Shadow 2018 LLC. Jason Hornik and Greg Price were involved in the transaction.

JLL reports the following deal:

Parkview Realty purchased 32,297 retail square feet at Shoppes at Parker Commons at 2701-2787 S. Parker Road in Aurora for $8.25 million from Special Servicer LNR Partners LLC. The property was 92 percent leased. Jason Schmidt represented the seller.

NorthPeak Commercial Advisors reports the following deals:

The Napoleon LLC purchased seven multifamily units at 832-834 Emerson St. in Denver for $1.24 million from Ford Living Trust. Dan Hawthorne represented the buyer.

Mushtaq Basheer and Aleksandra Basheer purchased three multifamily units at 936 N. Ogden St. in Denver for $995,000 from Blue Wheel Technology Partners LLC. Keith Hardy represented the seller.

CP Group reports the following deals over the past year:

Bounteous Inc. leases 7,906 square feet at Granite Tower at 1099 18th St. in Denver. Jamie Roupp, Andy Ross, and Maddy Stevenson of JLL represented the landlord.

Riverside Investment & Development Co. leases 1,664 square feet at Granite Tower at 1099 18th St. in Denver. Jamie Roupp, Andy Ross and Maddy Stevenson of JLL represented the landlord.

The Intersect Group leases 7,799 square feet at Granite Tower at 1099 18th St. in Denver. Jamie Roupp, Andy Ross and Maddy Stevenson of JLL represented the landlord.

The Judge Group expanded its footprint at Granite Tower at 1099 18th St. in Denver to 2,371 square feet. Jamie Roupp, Andy Ross and Maddy Stevenson of JLL represented the landlord.

Newmark reports the following deals:

Cledara Inc subleased 10,712 office square feet at 1675 Larimer St. in Denver from Well Data Labs Inc. Andrew Blaustein, Caroline Nowack and Josh Pons were involved in the transaction.

Modern Property Services LLC leases 8,477 industrial square feet at 6555 S. Kenton Court in Centennial. Keith Bell, Jason Addlesperger, David Lee and Philip Lee represented the landlord.

Kentwood Commercial reports the following deals:

National Network Services Inc leases 17,271 square feet at 13250 E. Smith Road, Unit H, in Aurora. Jim Tyler and Ciara Monfort represented the tenant. Mike Viehmann, Mike Wafer Jr. and Mike Wafer of Newmark represented the landlord.

Trained by Stef leases 1,499 square feet at 8116 W. Bowles Ave., Unit D, in Littleton. Jim Tyler represented the tenant.

Lincoln Property Co reports the following deals:

Critical Nurse Staffing leases 5,138 square feet at 9635 Maroon Circle in Englewood. Andrew Piegrass and Peter Thomas represented the landlord.

Mentis Technology leases 6,997 square feet at 9155 E. Nichols Ave. in Centennial. Andrew Piegrass and Peter Thomas represented the landlord.

Microtech-tel leases 8,716 square feet at 160 Inverness Drive West in Englewood. Andrew Piegrass and Peter Thomas represented the landlord.

TriCon Geophysics leases 9,513 square feet at 475 17th St. in Denver. Scott Caldwell, Andrew Piepgras and Peter Thomas represented the landlord.

Janeway Law Firm leases 4,193 square feet at 9540 Maroon Circle in Englewood. Andrew Piegrass and Peter Thomas represented the landlord.

Linden Law Partners leases 2,237 square feet at 3801 E. Florida Ave. in Denver. Andrew Piegrass represented the landlord.

Gamma Phi Beta Sorority leases 2,071 sf at 9155 E. Nichols Ave. in Centennial. Andrew Piegrass and Peter Thomas represented the landlord.

Basecamp Market Station reports the following deal:

Aether Apparel has opened a 1,400-square-foot store in Basecamp Market Station in downtown Denver.

Deals from deeds:

5NA LLC and KBC GA Investors LLC purchased 1201 N. Clarkson St. in Denver for $7.3 million from The Tremont Investment Group LLC.

F3 40 Havana Storage LLC purchased 50 S. Havana St. in Aurora for $14.14 million from WPC-H 50 South Havana Street Storage LLC.