Latest News

Just Sold: Denver Infill Development Site


August, 27, 2021

Just Sold: Denver Infill Development Site
DePaul Real Estate Advisors is pleased to announce the sale of an urban infill development site in Denver, Colorado. The site is located at 2160-2176 South Belaire Street in the University Park neighborhood near the crossroads of I-25, East Evans Avenue, and South Colorado Boulevard.  The TOD site is approximately 780 feet from Colorado Station metro light rail.  With a land area of 12,340 square feet and in-place G-MU-3 zoning, the purchaser has the opportunity to develop additional much needed residential in the constrained Denver housing market. 

Jarod Pate at DePaul Real Estate Advisors represented the seller, a Denver-based trust, in marketing and negotiations.  DePaul thanks Craig Bustos at Ironstone who represented the purchaser, Denver South Bellaire LLC.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate.  DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects.  For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.
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Deal Announcement


August 4, 2021

Deal Announcement
July 2021

DePaul Real Estate Advisors is pleased to announce the successful refinancing of the Gateway Plaza Business Park in Aurora, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the ownership, a California-based family office.

Gateway Plaza is a 125,000-square foot business park located near I-70 and Peoria Street in Denver’s Aurora submarket. Spread over five buildings amid lush landscaping, the park has fenced and gated truck courts and many access points on Quentin Street, Peoria Street, 33rd Avenue and on Smith Road. Office finish averages 25%, while the warehouses’ clear heights range from 12 to 20 feet. Loading is comprised of 22 drive-ins and 23 loading docks. The Park is occupied by over 30 businesses in a variety of industries: construction, biotechnology, distribution, fabrication and food production.

The cash-out refinancing includes a fixed interest rate of 3.02% and three years of interest-only payments followed by a 30-year amortization schedule.

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate. DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects. For more information, please contact Jarod Pate at (720)881-2727.
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Deal Announcement


July 7, 2021

Deal Announcement
DePaul Real Estate Advisors is pleased to announce the sale of prime industrial development land at Bromley Interstate Business Park.  Lovett Industrial, headed by Charlie Meyer, purchased 41.81 acres from a group of land owners led by Paul DeCrescentis at DePaul Real Estate Advisors.  Jarod Pate represented the sellers in marketing and negotiations.  The buyer was represented by Kirk Vanino and Ron Webert at Lee & Associates.

Bromley Interstate Business Park is a 420-acre business park located along three miles of Interstate 76 in Brighton, Colorado.  The Park is home to several corporate headquarters as well as the regional facilities for a variety of manufacturers and distributors. 

Dubbed Bromley Business Center, Lovett will develop a Class A, modern logistics / distribution / warehouse facility located in the Bromley Business Park in Brighton, CO. The site is accessed via Exit 22 on I-76, 25 miles north of Denver CBD and 14.5 miles from Denver International Airport. The surrounding suburban area is exploding with residential development supporting labor for facilities such as Bromley Business Center. 

DePaul Real Estate Advisors is a Denver-based brokerage and investment firm serving investors in commercial real estate and businesses that occupy commercial real estate.  DePaul’s businesses include asset sales, leasing, arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects.  For more information, please contact Paul DeCrescentis at (303)333-9799 or Jarod Pate at (720)881-2727.
 
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We've Joined RECA!


June 29, 2021

We've Joined RECA!
DePaul Real Estate Advisors is pleased to annouce our membership with RECA.

RECA members’ core competencies include arranging senior secured debt, mezzanine debt, preferred equity and joint venture equity for existing and to-be-built projects

The Real Estate Capital Alliance (RECA) was formed by a group of boutique real estate capital advisory firms with offices in major metropolitan markets and clients across the U.S. Collectively, the group consisting of 19 member firms and more than 100 originators has arranged over $30 billion in debt and over $2 billion in equity since the Alliance was formed in 2008. The primary purpose of RECA is to leverage the relationships, experience and daily interactions in the capital markets of a larger group of advisors in order to not only ensure that the clients of each company are securing access to the best possible capital in the market, but also to build stronger relationships with the capital providers, increasing the certainty of execution.
 

Source: https://reca.us/

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What's Happening in Colorado


February 9, 2021

What's Happening in Colorado

76 Freeze
New 247,032 SF Cold Storage Facility Expected to Deliver in 2021


$2.3M West Highland Restaurant
Sassafras Restaurant Will Continue to Operate


Larimer Square's New Owners Buy in Another Denver District
Properties Purchased on Tennyson Street in the Desirable Berkeley Neighborhood


Denver City Council Approves Zoning Amendments for Group Housing
Amendments Will Increase the Number of Unrelated Adults That Can Cohabitate

CALL US 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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