- 23Mar
2023
NavPoint Real Estate Group Executes Lease of 13,622 SF Retail Space in Louisville to Publicly Traded Dollar Tree navpoint
Louisville, CO - NavPoint Real Estate Group is pleased to announce it has executed the lease of 655 E South Boulder Road, a 13,622 SF retail space formerly occupied by Walgreens. Dollar Tree—an American multi-price-point chain of discount variety stores—has signed a lease on the space for the next 10 years. "Executing the publicly…
- 23Mar
2023
NavPoint Real Estate Group Facilitates Sale of 25,000 SF Auto Dealership in Loveland, CO for $6,550,000 navpoint
Loveland, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 999 E Eisenhower Boulevard, a 24,937 SF retail property formerly operated as a FORD auto dealership. The property, located along Highway 34, has excellent visibility to more than 50,000 vehicles per day and consists of a showroom,…
- 21Mar
2023
NavPoint Real Estate Group Executes Lease of Nearly 19,000 SF Industrial Space in Littleton navpoint
Littleton, CO - NavPoint Real Estate Group is pleased to announce it has executed a lease for 18,681 at 8101 Midway Drive, with Canopy Aerospace a company that produces Thermal Protection Systems for spacecraft. The Midway building will serve as Canopy’s new corporate headquarters. "This building, with the modern office buildout, excellent loading, and…
- 15Mar
2023
Commercial Real Estate Investment Indicators, Explained navpoint
Written by Collin Tedesco Whether you are a commercial real estate owner, investor, broker, manager, or lender, there are several indicators used throughout the industry when determining a property’s current or future performance. Depending on which commercial real estate hat you are wearing, some may be more important than others, but in any capacity,…
- 14Mar
2023
NavPoint Real Estate Group Completes Sale of 1,493 SF Office Condo in Littleton for $325,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a 1,493 SF Office Condo at 10394 W Chatfield Ave, Unit 100. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Arboradix LLC, was unrepresented in this transaction. This transaction…
- 14Mar
2023
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Castle Rock: Lighthouse Therapy LLC leased 5,135 SF of office space at 831 South Perry Street for 5 years. Mike Quinlan of NavPoint Real Estate Group represented the Tenant. This lease was executed in February 2023. Colorado Springs: Gators Creations leased 700 SF of industrial space at 3120 Beacon Street, Unit F for 3…
- 13Mar
2023
Colorado’s Outmigration Problem, and its Effect on Commercial Real Estate navpoint
During the course of the COVID season, Denver saw a large influx of out-of-town home buyers pour into the metro and surrounding areas due to the new work-from-home policies adopted by large companies. This was good for the economy but also drove home prices and real estate prices sky-high. Now, with interest rates back…
- 7Mar
2023
NavPoint Real Estate Group Completes Sale of 4,486 SF Office Condo in Littleton for $915,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a 4,486 SF Office Condo at 10499 Bradford Road, Unit 102. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Fresh Start Ventures Inc, was unrepresented in this transaction. This…
- 7Mar
2023
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Arvada: APL Holdings LLC leased 11,392 SF of industrial space at 16800 Highway 72 for 5 years. Jeff Brandon and Matt Kulbe of NavPoint Real Estate Group represented the Landlord. This lease was executed in February 2023.
- 16Feb
2023
The Looming 2023 Property Tax Reassessment navpoint
What Can We Expect From The 2023 Property Tax Reassessments? Written by Collin Tedesco The past six years have brought tremendously high commercial sale transaction volume along the Colorado Front Range. As a result, property valuations and thus property taxes have increased to historically high amounts. This begs the question – what can we…
- 14Feb
2023
5 Years in the Life of an Office Building: 2018-2023 navpoint
This has been a rough couple of years for Office Buildings. To understand the state of the office market in 2023, we will analyze a hypothetical Office building that we believe is descriptive of the Office market. Louis James Costello buys an office building in the Denver market in 2018. Denver is growing, and…
- 14Feb
2023
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Englewood: GarageWorks LLC leased 4,915 SF of flex industrial space at 50-60 Chenango Avenue, Suite 60 for 5 years. Brent Ham and Mike Quinlan of NavPoint Real Estate Group represented the Landlord. This lease was executed in February 2023. AAMCO Transmissions leased 4,800 SF of flex industrial space at 50-60 Chenango Avenue, Suite 50…
- 8Feb
2023
NavPoint Real Estate Group Completes Sale of 1,500 SF Flex Condo in Aurora for $295,000 navpoint
Aurora, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a 1,500 SF flex condo at 422 Norfolk Street. Matt Kulbe and Jordan Burgess of NavPoint Real Estate Group represented the Buyer, Tyrell Investments LLC. The Seller, BBVI LLC, was represented by Aleksander Kishinevisky of Key Real…
- 6Feb
2023
NavPoint Real Estate Group Facilitates Sale of 950 SF Single Tenant Retail Investment in Falcon for $1,670,000 navpoint
Falcon, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 7150 Falcon Market Place, a 950 SF single-tenant drive-thru retail investment property situated on 0.92 acres of ground leased land. "This ground leased asset provided exactly what our buyer was looking for with a long-term lease, minimal…
- 6Feb
2023
NavPoint Real Estate Group Completes Sale of 1,554 SF Office Condo in Littleton for $400,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a 1,554 SF Office Condo at 10579 Bradford Road, Unit 107. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Moosehead Holdings LLC, was represented by Greg Kelly of Re/Max…
- 25Jan
2023
The Expectation Gap – Why are Buyers and Sellers so Far Apart? navpoint
Written by Matt Kulbe As we begin the 2023 year in Commercial Real Estate and look back on the fourth quarter, it has become obvious that we are right in the middle of a recession. Whether leases are being signed or buildings are being sold, transaction volume has dropped, specifically in the Office sector.…
- 23Jan
2023
NavPoint Real Estate Group Completes Sale of 1,519 SF Flex Condo in Castle Rock for $455,000 navpoint
Castle Rock, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1,519 SF Flex Condo at 2801 Highway 85, Unit 105. Jeff Brandon and Matt Kulbe of NavPoint Real Estate Group represented the Seller, B-A LLC. The Buyer, Douglas County Board of County Commissioners, was unrepresented. This…
- 23Jan
2023
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Parker: BodyLove by Tal LLC leased 2,025 SF of retail space at 10470 S Progress Way, Unit 103 for 5 years. Matt Kulbe of NavPoint Real Estate Group represented the Tenant. This lease was executed in January 2023.
- 12Jan
2023
NavPoint Real Estate Group Facilitates Sale of 2,242 SF Single Tenant Flex Investment in Colorado Springs for $1,275,000 navpoint
Colorado Springs, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 312 W Fillmore Street, a 2,242 SF single-tenant investment property that sits on approximately 0.69 acres of land. "We were able to secure a tenant simultaneously to putting the building under contract. With a premiere location…
- 9Jan
2023
Commercial Real Estate: A Look at 2022 navpoint
2022 was an interesting year in the world of real estate investments and overall economic conditions. With rising interest rates, growing inflation, and increases in the consumer price index, the real estate investment market was a rollercoaster of opportunity. Each of these data points creates a narrative for the year that is easily traceable…
- 9Jan
2023
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Castle Rock: Legacy Hospice LLC renewed their lease on 1,885 SF of office space at 380 Perry Street, Suite 210 for 5 years. Jordan Burgess and Matt Kulbe of NavPoint Real Estate Group represented the Landlord. This lease was executed in December 2022. 6590 Elevated leased 165 SF of office space at 512 N…
- 9Jan
2023
NavPoint Real Estate Group Facilitates Sale of New Construction O’Reilly’s National Credit STNL Investment in Centennial for $2,678,000 navpoint
Centennial, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 6751 S Potomac Street. The property consists of an 8,482-square-foot freestanding building that sits on approximately 1.01 acres of land. The tenant, publicly traded O’Reilly Automotive Inc., recently signed a new 15-year NNN lease on the newly…
- 13Dec
2022
NavPoint Real Estate Group Completes Sale of 1,545 SF Office Condo in Littleton for $309,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1,545 SF of office space located at 10499 Bradford Road, Unit 104. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Hornbuckle Foundation, was represented by Eliza Pfeifer of Broad…
- 13Dec
2022
NavPoint Real Estate Group Completes Sale of 891 SF Office Condo in Littleton for $210,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 891 SF of office space located at 10394 W Chatfield Avenue, Unit 108. Matt Kulbe of NavPoint Real Estate Group represented the Seller, DCP Ken Caryl LLC. The Buyer, Kirk Oetken, was unrepresented. This transaction successfully closed…
- 13Dec
2022
Online Shopping Continues Momentum navpoint
In 2020, the world was turned upside down in the face of the virus whose name we do not speak. This gross upset to normal life disrupted more than in-person Sunday service and in-person school. The virus disassembled the strong US economy in what many called an artificial recession. While almost every form of…
- 29Nov
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Englewood: RMHIDTA leased 7,000 SF of office space at 369 Inverness Parkway for 5 years. Jeff Brandon and Matt Kulbe of NavPoint Real Estate Group represented the Tenant. This lease was executed in November 2022. Littleton: Jansen, Kaufman & Groothuis PC leased 1,524 SF of office space at 7901 Southpark Plaza, Suite 201 for…
- 10Nov
2022
NavPoint Real Estate Group Facilitates Sale of 5,634 SF Retail/Office Building in Greenwood Village, Colorado for $1,820,000 navpoint
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…
- 10Nov
2022
More Office Demolished than Delivered in Q3 2022 navpoint
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…
- 10Nov
2022
Weathering the Housing Market Storm navpoint
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…
- 9Nov
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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…
