News

Greenwood Village, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 9600 E Peakview Avenue, a 5,634 SF well-appointed retail/office building in Greenwood Village. The building—currently built out as a salon—features high-end finishes and a dedicated reception area. The buyer intends to remodel and utilize the building…

Recent data shows commercial real estate investment volume falling by 26% in the US in Q3 of 2022. The FED’s hawkish interest rate strategy is making for a bear market in real estate. Debt is becoming far too expensive, and savvy investors are holding their capital to avoid overpaying for assets that won’t capitalize…

The Fed has done it again! With another interest rate hike of 75 basis points in September, the cost of debt capital has reached new heights. As a result, the sales volume for industrial and retail real estate continues to taper while the price per square foot holds relatively steady, and office space continues…

Littleton: Hatuey Alix Laraque – Two Elk leased 2,174 SF of retail space at 9171-9779 W Coal Mine Avenue, Suite T for 5 years. Brent Ham and Mike Quinlan of NavPoint Real Estate Group represented the Landlord. This lease was executed in October 2022. Castle Rock: Remington Construction leased 173 SF of office space…

Colorado Springs: Greycurve LLC leased 700 SF of industrial space at 3120 Beacon Street for 2 years. Matt Call and Jeff Brandon of NavPoint Real Estate Group represented the Landlord. This lease was executed in October 2022. Curantis Wellness LLC leased 2,321 SF of office space at 6475 Wall Street for 5 years. Brent…

Castle Rock, CO – NavPoint Real Estate Group is pleased to announce the completion of renovations at 200 Wolfensberger Road, a 31,414 SF - 70 room hotel at Wolfensberger and I-25. Renovations at this property were extensive, totaling nearly $2.5M and spanning both interior and exterior areas. The hotel now has 70 rooms—previously 68—and…

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 884 Park Street, a three-star La Quinta Inn & Suites consisting of 31,347 square feet. Jeff Brandon and Matt Kulbe of NavPoint Real Estate Group represented the buyer, Douglas County Board of County Commissioners. The seller,…

Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1,564 SF of office space located at 10394 W Chatfield Avenue, Unit 110. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Bear Wolf LLC, was represented by Ryan Devin…

Colorado Springs, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 5371-5759 N Academy Boulevard, an office property consisting of 30,843 SF located within the Centerpointe Plaza shopping center. Centerpointe Plaza is located at one of the city’s busiest intersections at the southeast corner of North Academy…

Interest rates go up, markets go down, and we all get sideways thinking that the world has come to an end. Scanning the news headlines, you would think that these hikes are the most drastic change to our economy since Henry Ford created the assembly line. Here at NavPoint, however, we believe that a…

On the backside of historically low interest rates, many express concern about rising rates and their impact on real estate pricing. Commercial real estate is expected to perform well amidst economic uncertainty; however, an increase in rates will influence property pricing. There is oftentimes a mirrored relationship between interest, and cap rates (the relationship…

One of the hottest economic topics nationally is the interest rate hikes that will be imposed by the Federal Reserve this year. Goldman Sachs has predicted between five and seven 25 basis point rate increases over the course of 2022. They are expecting these hikes starting in March or April of this year. HSBC…

2021 was a great year for commercial Real Estate in the state of Colorado, as well as nationally. Denver saw an increase in market rents across all property types from 2020 to 2021; Office Rents, the property type hit the hardest during the pandemic increased by 0.58%. Industrial rental rates rose 5.30%, retail rose…

Colorado Springs: MDC Campers and Caravans Inc leased 10,261 SF of retail space at 5706 S Carefree Circle for 7 years. Matt Call and Jeff Brandon of NavPoint Real Estate Group represented the Landlord. This lease was executed in August 2022. Amber Care LLC leased 970 SF of office space at 1155 Kelly Johnson…

Castle Rock: Spark Counseling LLC renewed their lease on 863 SF of office space at 380 Perry Street, Suite 260 for 5 years. Matt Kulbe, Jordan Burgess, and Collin Tedesco of NavPoint Real Estate Group represented the Landlord. This lease was executed in July 2022. Greenwood Village: Noble Wealth Management Public Benefit Corp leased…

Englewood, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 2,806 SF of office space located at 9085 E Mineral Circle, Unit 240. Charlie Davis of NavPoint Real Estate Group represented the Seller, Panorama Falls 9085 LLC. The Buyer, Colorado Corn Administrative Committee, was represented by Fredric…

Thornton, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 8585 Huron Street, an office property consisting of 4,800 SF located just 3 minutes from I-25 “The level of activity we had on this property was outstanding, which is a great indicator of a continuing strong demand…

Littleton: Norris Mental Health Center LLC leased 768 SF of Office space at 10354 W Chatfield Avenue, Suite 105 for 3 years. Matt Kulbe of NavPoint Real Estate Group represented the Landlord. This lease was executed in July 2022. Legacy Realty leased 664 SF of Office space at 10354 W Chatfield Avenue, Suite 106…

Alamosa, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 7,856 SF of retail located at 1301 11th St Alamosa, CO. Matt Call and Collin Tedesco of NavPoint Real Estate Group represented the Buyer, Rock River LLC. The Seller, Ahmad Ahmadian Bypass Trust and Ahmad Ahmadian Survivor`s…

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 800 Kinner Street, a veterinary office property consisting of 3,768 SF. Occupied by Plum Creek Veterinary Services, this two-story building was built in 1974 and fully remodeled in 2000. The veterinary office consists of a customer…

Littleton, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 8101 Midway Drive, a vacant, light-industrial property consisting of 48,820 square feet located in Littleton, Colorado. Jeff Brandon of NavPoint Real Estate Group commented on the sale, “After being under contract for 14 months, our investor was…

NavPoint Real Estate Group welcomes Calvin Andrews as their newest addition to the NavPoint team. Calvin Andrews hails from Northeastern Washington. He was raised in the foothills of the Rocky Mountains playing golf and baseball. He graduated from Hillsdale College in Michigan with a degree in Financial Management. While at Hillsdale, he was a…

Littleton: The Gaykery leased 1,700 SF of Retail Space at 9719 W Coal Mine Avenue, Unit D for 3 years. Brent Ham and Mike Quinlan of NavPoint Real Estate Group represented the Landlord. This lease was executed in June 2022.

Sterling, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 4.84 Acres of Land at 12915 County Road 37 in Sterling, CO. Jeff Brandon and Matt Kulbe of NavPoint Real Estate Group represented the Seller, First Christian Church of Sterling. The Buyer, Ballpark LLC, was represented by…

Greeley, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 4645 W 18th Street, Condo 500, a single tenant office investment property consisting of 12,202 SF spread out on one floor, conveniently located in West Greeley. Renovated for ICE intelligence operations, the condo includes 2 holding cells…

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 401 S Wilcox Street, an office property consisting of 8,080 SF located at the corner of Plum Creek Parkway and S Wilcox Street, just south of Downtown Castle Rock. “This transaction further highlights the demand for…

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 15.55 Acres of Land located at The Meadows Filing No. 19 Parcel E. Construction is currently underway on two Class A, high-cube industrial buildings totaling 160,000 SF combined. These buildings will be the first of their…

Golden: ServPro leased 6,465 SF of Industrial Space at 502-506 Violet Street, Units 500, 502, 504, & 506 for 3 years. Jeff Brandon of NavPoint Real Estate Group represented the Tenant. This lease was executed in June 2022.

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 240 N Wilcox Street & 330-350 Third Street, an office & retail property consisting of 10,572 SF located in the heart of Downtown Castle Rock, and fully leased by 5 tenants. “This 5-tenant deal at arguably…

Parker, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1,508 SF of Industrial Space at 18249 Lincoln Meadows Parkway, Unit 101. Jordan Burgess and Matt Kulbe of NavPoint Real Estate Group represented the Buyer, Larry Uhrich. The Seller, Vehicle Vault LLC, was represented by Lance Somerville…