Latest News

Matthew Watson of DePaul Real Estate Advisors is pleased to announce the execution of a 10-year lease agreement with Kolache Factory at 9998 West Colfax Avenue in Lakewood, Colorado. 

Kolache Factory leased 2,400 square feet at the center, bringing the center to 100% occupied.  The subject space was vacant for over two years before Mr. Watson was selected to lease the center.

9998 West Colfax is located at the hard corner of West Colfax Avenue and Kipling Street, a major intersection in its trade area.  Additional long-term tenants at the center include Starbucks Coffee and a Cricket Wireless.   The property benefits from an excellent daytime population, with over 151,903 individuals working within a 5-mile radius of the property. 

This is Kolache Factory’s 54^th national location, with a return to the Lakewood market.  A newly remodeled bakery-café has opened at 9998 West Colfax Avenue on Wednesday, April 13^th.  The newest location will continue to meet customers’ needs for fresh products and quick service, with call-ahead and online ordering, as well as gourmet Katz Coffee.  Customers will also find big-screen TVs and free Wi-Fi. 

For additional information, please contact Matthew Watson at 720-881-2709.

Lance Eberhard of DePaul Real Estate Advisors is pleased to announce the execution of a new lease with Aurora Krav Maga & CrossFit at the Hampden Villa Shopping Center.  Aurora Krav has relocated to Hampden Villa and is looking forward to being a part of the center’s health and fitness synergy with Powerhouse Pro Gym, Zumba Fitness, Infinity Wellness Center and Anthony Timmer’s Martial Arts Studio. 

The Hampden Villa Shopping is located at the hard corner of East Hampden Avenue and South Chambers Road in southeast Aurora, Colorado.  The center is anchored by Dry Dock Brewing Company and The Brew Hut.  The property benefits from an excellent daytime population with over 110,000 people working within a 3-mile radius of the property. 

Other tenants at the Hampden Villa Shopping Center include Golden Wok Asian Restaurant, Las Hadas Mexican Restaurant, State Farm Insurance, Beyond Cuts Salon and Spa, Little Tykes Trading Post, Gyro King, Metro Community Provider Network, Giggles Dentistry, Kid’s Campus, Inc. and The Famous Door Bar and Grill, just to name a few. 

The history of Krav Maga literally means “Contact – Combat” or “Close Quarter Combat”.  The roots of modern Krav Mega began in Czechoslovakia in the 1930’s with Imi Lichtenfeld, an expert in boxing and wrestling. 

For additional information, please contact Lance Eberhard at 720-881-2736.

DePaul Real Estate Advisors is proud to announce the successful repositioning of the Iliff Commons Shopping Center in Aurora CO.  While in escrow to the purchase the property in the spring of 2015, IC Investments engaged DePaul Real Estate Advisors to advise on leasing and future capitalization.  Before closing the purchase, Matthew Watson produced several LOIs for leases of the long-vacant space.  In a few short months, Matthew took the property from 67% occupancy to its current occupancy of over 98%, leaving just one 1,141 square foot space available.  In addition to lease up, the owner invested heavily in CapEx to address deferred maintenance and upcoming capital items, positioning the property for long term appreciation. 
 
In March 2016, less than a year from acquisition, DePaul Real Estate Advisors arranged a new permanent non-recourse loan for the borrower.  The cash out loan has a 10-year fixed interest rate and includes three years of Interest Only payments followed by a 30-year amortization thereafter. Paul DeCrescentis, Jarod Pate and Theresa Torres handled the financing. 
  
Iliff Commons Shopping Center is located on the northeast corner of the signalized, full-movement intersection of East Iliff Avenue and South Peoria Street in Aurora, Colorado.  The property has five separate buildings on seven acres.  Iliff Commons benefits from a strong daytime employment population with over 20,000 businesses within five miles and a dense and growing population with 450,000 people living within a five mile radius, and is projected to grow by 9.6% by 2020.  The area surrounding East Iliff Avenue and South Peoria Street includes multi-tenant office buildings (some mid/high-rise), residential condominiums, restaurants, freestanding retail buildings, retail strip centers, fast food restaurants, schools and single-family residential.  The market area is influenced by Buckley Air Force Base and the Anschutes Medical Campus, a hub of three large hospital systems.
 
DePaul Real Estate Advisors continues to handle leasing at the property. 
For leasing Information call Matt Watson or Lance Eberhard at 303-333-9799. 
For more information on financing and commercial real estate investment property call Jarod Pate or Paul DeCrescentis at 303-333-9799.

DePaul Real Estate Advisors is proud to announce the successful refinancing for Shoppes at Parker Commons, a busy and highly visible retail center located on the border between southeast Aurora, Centennial and Denver. The center has excellent access off South Parker Road, making Shoppes at Parker Commons an ideal destination for local patrons and commuters.
 
The $4,800,000 non-recourse loan refinanced debt and equity on the property and includes future funding for improvements.  The 10-year loan includes 3 years of Interest Only and a 30 year amortization thereafter.  Paul DeCrescentis, Jarod Pate and Theresa Torres represented the borrowers. 
  
The Shoppes at Parker Commons consists of two commercial retail buildings totaling approximately 32,018 square feet, a free standing Moe’s BBQ (Not a part of the collateral),  and is anchored by H-Mart, a 62,000 square foot national grocery store with a regional draw (not a part of the collateral).   In addition DePaul Real Estate Advisors is leasing the property which is currently 100% leased with 17 national/regional tenants.

(For leasing Information Call Matt Watson or Lance Eberhard 303-333-9799)

Paul DeCrescentis and Jarod Pate are pleased to have been selected as the exclusive advisors for the sale of Lone Tree Commons located at 7600 East Park Meadows Drive in Lone Tree, Colorado. 

Location is everything in retail; this asset and its location possess every positive attributes an investor desires:  Visibility, Access, Quality Construction, Quality Tenants, Pride-of-Ownership, High Traffic Counts and Stable Revenue Stream.  Lone Tree Commons benefits from the steady traffic created by Sam’s Club (across the street), the Park Meadows Shopping District, the Sky Ridge Medical Center campus, and the Douglas County School District and with quick access to both I-25 and C-470/E-470 freeway.