Latest News
Deal Announcement
October 4, 2022
Single Tenant NNN Investment Opportunity
569 Highway 287, Lafayette, CO
DePaul Real Estate Advisors is pleased to announce the sale of a freestanding, single tenant NNN investment opportunity located in Lafayette, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the seller and also handled the lease negotiations on the build-to-suit lease deal with Aspen Dental. The buyer was an out-of-state 1031 exchange. The building sold for $3,100,000, 5.1% cap rate, $886 per square foot.
The dental facility is a newly built 3,500 square foot building on 1.5 acres of land. The tenant, Aspen Dental, has 900 offices in 43 states and is one of the largest and most trusted retail healthcare business support organizations in the U.S.
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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569 Highway 287, Lafayette, CO
DePaul Real Estate Advisors is pleased to announce the sale of a freestanding, single tenant NNN investment opportunity located in Lafayette, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the seller and also handled the lease negotiations on the build-to-suit lease deal with Aspen Dental. The buyer was an out-of-state 1031 exchange. The building sold for $3,100,000, 5.1% cap rate, $886 per square foot.
The dental facility is a newly built 3,500 square foot building on 1.5 acres of land. The tenant, Aspen Dental, has 900 offices in 43 states and is one of the largest and most trusted retail healthcare business support organizations in the U.S.
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.
Deal Announcement
October 4, 2022
Village Center of Highlands Ranch
9559 S. University Blvd. Highlands Ranch, CO 80126
DePaul Real Estate Advisors is pleased to announce the successful refinancing of Village Center, a grocery shadow-anchored shopping center located in Highlands Ranch, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the borrower, an out-of-state family office. Matthew Watson at DePaul also handles the leasing at Village Center, and currently maintains the property at 100% occupancy. The loan was for $7,350,000. The interest rate is 5.05% fixed for 10 years, with interest-only payments.
Village Center is comprised of 28,103 square feet occupied by 15 tenants. The property is located on South University Boulevard, a high-traffic corridor with excellent visibility and access. The shopping center benefits from the bustling grocery anchor, King Soopers, as well as many other surrounding businesses and amenities including Whole Foods, Chuze Fitness, Valor Christian High School, Highlands Ranch High School, which are all within a one-mile radius. The property features strong and stable occupancy since it was built in 1997. Currently, 100% of the center is leased. Tenants include Dependable Cleaners, PediaClinic, T-Mobile, Cornzapoppin, a dental office, Ent, Wing Stop, Dazzling Nails, Orange Theory Fitness, Kung Fu Tea, and Firehouse Subs.
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.
Deal Announcement
August 10, 2022
Turn-Key Freestanding Medical Center
1300 N. Santa Fe Ave. Pueblo, CO 81003
DePaul Real Estate Advisors is pleased to announce the sale of a turn-key, freestanding medical center located in Pueblo, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the seller. The buyer was a local investor, represented by John Grove and Gary Miller of ReMax. The medical center sold for $3.5 million.
The adaptive, state-of-the-art medical facility is an 8,432 square foot building on 1.25 acres of land. The building was designed by HKS Architects and features top-of-the-line materials and finishes. The building is equipped with patient rooms, radiology rooms, a lab, pharmacy, triage bays, and more. It is conveniently located 3 blocks from Parkview Medical Center and directly next to an I-25 interchange. Â
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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1300 N. Santa Fe Ave. Pueblo, CO 81003
DePaul Real Estate Advisors is pleased to announce the sale of a turn-key, freestanding medical center located in Pueblo, Colorado. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the seller. The buyer was a local investor, represented by John Grove and Gary Miller of ReMax. The medical center sold for $3.5 million.
The adaptive, state-of-the-art medical facility is an 8,432 square foot building on 1.25 acres of land. The building was designed by HKS Architects and features top-of-the-line materials and finishes. The building is equipped with patient rooms, radiology rooms, a lab, pharmacy, triage bays, and more. It is conveniently located 3 blocks from Parkview Medical Center and directly next to an I-25 interchange. Â
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.
Deal Announcement
August 10, 2022
1010 South Interstate 25, Castle Rock, Colorado 80104
DePaul Real Estate Advisors is pleased to announce the sale of 6.46 acres of land located in Castle Rock, Colorado. Jarod Pate at DePaul Real Estate Advisors represented the buyer, an out-of-state investor in a 1031 exchange. The seller is a real estate developer based in Castle Rock, CO. The deal was completed for $2.025 million.
The property is the fee interest in 6.46 acres of land and is subject to a long-term ground lease. The property has frontage on I-25 and is located one and a half miles from an I-25 interchange. It is also located approximately 5 minutes from downtown Castle Rock, a thriving cultural center with many options for shopping, dining, and luxury living.
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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DePaul Real Estate Advisors is pleased to announce the sale of 6.46 acres of land located in Castle Rock, Colorado. Jarod Pate at DePaul Real Estate Advisors represented the buyer, an out-of-state investor in a 1031 exchange. The seller is a real estate developer based in Castle Rock, CO. The deal was completed for $2.025 million.
The property is the fee interest in 6.46 acres of land and is subject to a long-term ground lease. The property has frontage on I-25 and is located one and a half miles from an I-25 interchange. It is also located approximately 5 minutes from downtown Castle Rock, a thriving cultural center with many options for shopping, dining, and luxury living.
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.
Deal Announcement
July 21, 2022
Linclay Plaza
7795 E. Belleview Avenue, Englewood, CO 80111
DePaul Real Estate Advisors is pleased to announce the successful refinancing of Linclay Plaza, a Class A retail shopping center redevelopment located in the Denver Tech Center. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the borrower, a private, out-of-state investor. DePaul is also handling lease negotiations with several tenants that will open their businesses in the building after construction. The loan, for $3,863,000, is a construction loan to reposition the asset to a multi-tenant retail plaza. The interest rate is fixed through the construction period and mini-perm.
Linclay Plaza is currently comprised of 9,786 square feet on 1.13 acres of land. The property is located just east of I-25 and Belleview, has excellent access and visibility, and is surrounded by Denver metro's premier employment center. The building has been occupied by FedEx Office since 1998. Ownership is now poised to convert the asset to a premier three-tenant retail center providing a diverse income stream with first in class businesses that are resilient in any economy.
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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7795 E. Belleview Avenue, Englewood, CO 80111
DePaul Real Estate Advisors is pleased to announce the successful refinancing of Linclay Plaza, a Class A retail shopping center redevelopment located in the Denver Tech Center. Paul DeCrescentis and Jarod Pate at DePaul Real Estate Advisors represented the borrower, a private, out-of-state investor. DePaul is also handling lease negotiations with several tenants that will open their businesses in the building after construction. The loan, for $3,863,000, is a construction loan to reposition the asset to a multi-tenant retail plaza. The interest rate is fixed through the construction period and mini-perm.
Linclay Plaza is currently comprised of 9,786 square feet on 1.13 acres of land. The property is located just east of I-25 and Belleview, has excellent access and visibility, and is surrounded by Denver metro's premier employment center. The building has been occupied by FedEx Office since 1998. Ownership is now poised to convert the asset to a premier three-tenant retail center providing a diverse income stream with first in class businesses that are resilient in any economy.
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.