Colorado-Real-Estate-Journal_487618

INSIDE 18 6 FEATURED CONTENTS OCTOBER 15-NOVEMBER 4, 2025 Office 6 Industrial 12 Multifamily 18 Retail 20 Finance 28 Law & Accounting 32 CDE News 42 Who's News 53 12 Office campus City of Loveland buys former Group Publishing headquarters Industrial portfolio Hyde, Mortenson acquire industrial portfolio in Colorado, Utah High-rise multifamily Da Vinci/Korsakov portfolio trades hands for first time in five decades 20 North Bear Crossing CenterSquare makes third retail investment in Denver market by Avalon Jacka LITTLETON – A 298,066-square-foot garden- style community near Roxbor- ough State Park traded hands in September. Innsbrook-Broadstone LLC , an affiliate of Coit Financial Group, acquired Broadstone Sterling Ranch at Prospect Vil- lage from CPR AR Broadstone Sterling Ranch Owner LLC, an entity of Alliance Residen- tial Co., for $121 million, or $364,458 per unit, or $405.95 per sf, according to Apartment Insights. The 332-unit commu- nity, situated on 12.3 acres at 8425 Old Ski Run Circle, was constructed in 2023. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE facilitated the transaction on behalf of the seller. The team declined to comment on the transaction. Broadstone Sterling Ranch features a mix of studios, and one-, two- and three-bedroom units ranging from 513 sf to 1,281 sf. Each unit features hardwood-style flooring, walk-in closets, stainless steel and smart appliances, quartz countertops, a full-size washer and dryer, and large patios or balconies. Select units include mountain views and 10.5-foot ceilings. Residents can also rent additional storage, and garage and carport parking is available for select units. The community features a resort-style pool and spa, fireside lounge, fitness center and yoga studio, dedicated coworking and conference space, a clubhouse with an entertainment kitchen and cof- fee bar, a rooftop lounge, an electric vehicle charging sta- tion, unobstructed mountain Coit entity buys Broadstone Sterling Ranch by Avalon Jacka CENTENNIAL – A joint venture announced the deliv- ery of a 337-unit multifamily community in the southeast submarket. Schnitzer West LLC, in partnership with Mitsui Fudo- san America, welcomed the first residents of The Avant, located at 6333 Greenwood Plaza Blvd., in June. The development mixes best-in- class design with proximity to cultural amenities, including Fiddler’s Green Amphitheatre and the Museum of Outdoor Arts. “The vision for The Avant was to redefine multifam- ily living in s o u t h e a s t D e n v e r , ” said Luke Schroeder, S c h n i t z e r West senior investment and devel- opment manager. “Schnitzer West designed the community to deliver an elevated, inten- tional experience where resi- dents enjoy comfort, sophis- tication, and a connection to the surrounding arts, culture and the natural beauty of the region.” The 293,861-square-foot community offers a mix of one-, one-plus-den-, two- and three-bedroom units, provid- ing flexible options for young professionals, families or those looking to downsize. Resi- dences feature distinctive fin- ishes, including gourmet prep kitchen islands, stainless steel appliances, expansive win- dows and outdoor balconies with mountain views. Schnitzer West debuts 337-unit The Avant C2 Media Situated on 12.3 acres at 8425 Old Ski Run Circle, Broadstone Sterling Ranch features a mix of studios, and one-, two- and three-bedroom units ranging from 513 square feet to 1,281 sf. Please see Coit, Page 19 Please see The Avant, Page 19 Schnitzer West The Avant directly overlooks Fiddler’s Green Amphitheatre and the surrounding southeast Denver neighborhood. Luke Schroeder