Latest News

Closed & Funded

DePaul Real Estate Advisors Arranges Refinancing of Multi-Tenant Retail Property

August 8, 2019


 

DePaul Real Estate Advisors is pleased to announce the successful refinance and close of Milestone Shopping Center, a 57,262 SF multi-tenant retail center in Castle Rock, Colorado. Milestone Shopping Center stands out as a "Class A" shadow-anchored center perfectly positioned at Interstate 25 and Founder's Parkway.

Paul DeCrescentis and Jarod Pate represented the borrower, an out-of-state family office, and gathered competitive loan proposals to create a competitive bidding environment among lenders. "We worked to get the very best rate and terms on behalf of our client," says Jarod Pate. "The result is a non-recourse cash out refinance of the existing debt. The new loan features a ten-year term, an interest rate below 3.75%, fixed for ten years with payments on an interest-only basis for the duration of the loan." DePaul Real Estate Advisors provides a suite of services including acquisition, disposition, financing, leasing and asset management.

Milestone Shopping Center includes 57,262 SF of building space with 28 tenants and at the time of refinance was 100% occupied with flexible unit sizes ranging from 1,000 SF to 4,123 SF. It includes both freestanding pad sites with major long-term tenants such as Sonic and Circle K as well as multi-tenant buildings with contemporary tenants such as Papa Murphy's Pizza, Baskin Robbins, and Dependable Cleaners. The complex hosts a variety of retail suites that appeal to the more than sixty-two thousand people in the local community that have helped to build the economy of Castle Rock into one of the fastest growing communities in Colorado.

DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income producing and investment properties, commercial financing, leasing and site selection.

For more information regarding the services DePaul Real Estate Advisors provide, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799.

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What's Happening In Colorado


June 17, 2019


Historic Denver Election Results
Three incumbents are voted out and clerk & recorder results are close


Ski Resorts Pay Record-Setting Rent Payment to the Federal Government
Forest Service to keep more ski area fees


Hines and Partner Pay $21 Million for 2.5 Acres in RiNo
10-story development project planned for the space which neighbors a concert venue


Broadway Sports Castle to be Repurposed
The building will be part of a new plan to develop hundreds of apartments


Hemp Changes the Value of Farm Land
Hemp crops have a strong return on investment for farmers

CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
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Done Deals at DePaul

We've Got Colorado Covered!

April 12, 2019

Q1 Closings at DePaul Real Estate Advisors


SOLD - $2,903,500 - Winter Park, CO


SOLD - $1,327,000 - Grand Junction, CO


LEASING

Empower Community High School leased 28,287 SF at City Center Marketplace in Aurora, CO.
H&R Block leased 1,931 SF at Milestone Shopping Center in Castle Rock, CO.
Mountain Temp Services leased 1,100 SF at Wilmore Shopping Center in Wheat Ridge, CO.
Spring Foot Massage leased 1,120 SF at Ralston Plaza in Arvada, CO.
H&R Block leased 1,795 SF at Smoky Hill Village in Centennial, CO.
Block21 Fitness leased 1,740 SF at Archer Tower in Denver, CO.
Thermory USA leased 1,190 SF at Parkway Center in Highlands Ranch, CO.
Novae Beautique leased 1,262 SF at Centennial Center in Centennial, CO.
JoJo's Cafe leased 16,200 SF at 10251 W. Bowles Ave. in Littleton, CO.
Chem Dry of Colorado leased 3,701 SF at Stapleton Square Business Center in Denver, CO.
Integrated Control Systems leased 5,306 SF at Stapleton Square Business Center in Denver, CO.
Teddy Bear Logistics leased 2,382 SF at Gateway Plaza Business Center in Aurora, CO.
Pure Barre leased 1,381 SF at Milestone Shopping Center in Castle Rock, CO.

CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
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What's Happening In Colorado


March 20, 2019


Avalanche Closes I-70
The avalanche near Copper Mountain gets caught on camera.


Beersuit
New Colorado liquor laws create issues around leasing exclusivity clauses


Amazon Books
New brick and morter location opens in Cherry Creek


Colorado Springs Has 63rd Most Expensive Rent
The National Rent Report ranks the 100 most expensive rental locations in the United States

CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
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Just Closed

DePaul Real Estate Advisors closes on Hideaway Station, a retail investment property in Winter Park, Colorado

March 12, 2019

Winter Park, CO, March 11, 2019 - DePaul Real Estate Advisors is pleased to announce the successful sale of a single-tenant net leased investment property in Winter Park, Colorado. Fireside Market Eatery is the building's long-term tenant. The 19,000 SF building was completed in 2018 as part of the Hideaway Station mixed use development, a marquee project consisting of retail and residential condominiums located in the heart of the Town of Winter Park. 

Paul DeCrescentis and Jarod Pate represented the seller, Winter Park Development Co, LLC, in the disposition. The buyer, WP Properties, LLC, was represented by Phillip A. Yeddis of Unique Properties, Inc. 

The property benefits from a prominent location on Main Street which is surrounded by retail and dining, as well as residential development and excellent pedestrian traffic. The property won the Governor's Award for best new addition to Downtown Winter Park.

About DePaul Real Estate Advisors

DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income-producing and investment properties, commercial financing, leasing and site selection.
 
CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
Read More...