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DePaul Real Estate Advisors, a Denver commercial real estate company, is pleased to announce the sale of a former bank building.  A local investor purchased the 3,750 square-foot building, anchored by the mega home décor store - At Home The Home Décor Superstore located at 1700 West Midway Boulevard in Broomfield, Colorado.  The purchase price was $650,000 or $173 per square foot. 
 
Matthew Watson of DePaul Real Estate Advisors represented the Seller, Alberta WF Acquisition, LLC with the sale.  The seller purchased the vacant building as part of a multi-property portfolio.
 
Please contact Matthew Watson at 303-333-9799 or matthew@depaulreig.com for additional information.

Jarod Pate at DePaul Real Estate Advisors is representing a 1031 exchange investor with the following purchase requirement:
 
- retail or office investment properties
- $500,000 to $5,000,000
- urban locations with heavy foot traffic
- will look at fee interest or commercial condos
- income in-place is a plus but may consider vacant properties
- will pay market cap rates
 
Please send any candidates to Jarod@DePaulREIG.com and call (720)881-2727.

DePaul Real Estate Advisors, a Denver commercial real estate company, is pleased to announce the sale of a multi-tenant, net-leased investment property.  A local investor purchased the 96,100-rentable-square-foot, grocery-anchored retail center located at the southwest corner of East Hampden Avenue and South Chambers Road in Aurora, Colorado.  The purchase price was $13,000,000 or $135 per square foot.
 
The property has a strong rental history and has consistently maintained higher-than-average occupancy numbers within the Southeast Suburban market.  The center is anchored by Natural Grocers by Vitamin Cottage Natural Grocers, Powerhouse Gym, and Dry Dock Brewing and was 98% occupied at the time of the sale.  Additionally, the property benefits from an excellent daytime population and the nearby established residential neighborhoods. 
 
DePaul Real Estate Advisors also arranged the financing of Hampden Villa Shopping Center.  The non-recourse loan was 2-years interest only, 10-year term, with a fixed interest rate of approximately 4.5%.
 
Please contact Jarod Pate and Paul DeCrescentis at 303-333-9799 and jarod@depaulreig.com, paul@depaulreig.com for additional information. 

DePaul Real Estate Advisors is pleased to announce the successful refinancing of the Valli Hi Shopping Center, a 45-year old grocery anchored neighborhood shopping center in Colorado Springs, Colorado.  The new, non-recourse loan has a 10-year term and fixed interest rate of approximately 4.5%.  Jarod Pate and Paul DeCrescentis represented the borrower on the transaction.  Call Jarod or Paul today to learn more and to find out what financing options there are for your shopping center. 
 
Please contact Jarod Pate and Paul DeCrescentis at 303-333-9799 and Jarod@DePaulREIG.com, Paul@DePaulREIG.com.
 

DePaul Real Estate Advisors, a Denver commercial real estate company, is pleased to announce the successful sale of a 16,000 square foot parcel of land in metro Denver.  The property sold for $680,000 or $42.50 per square foot.  A local developer purchased the parcel that sits at the southeast corner of East Colfax and Monaco in Denver, Colorado.  DePaul represented the Seller. 

Please contact Matt Watson at 303-333-9799 for your retail real estate requirements.