- 31Oct
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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…
- 27Oct
2022
Newly Renovated Quality Inn & Suites in Castle Rock has OPENED! navpoint
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…
- 21Oct
2022
NavPoint Real Estate Group Facilitates Sale of 31,347 SF Hospitality Property in Castle Rock, Colorado for $6,400,000 navpoint
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,…
- 11Oct
2022
NavPoint Real Estate Group Completes Sale of 1,564 SF Office Condo in Littleton for $342,500 navpoint
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…
- 29Sep
2022
NavPoint Real Estate Group Completes Sale of 30,843 SF Office Property in Colorado Springs, Colorado for $7,200,000 navpoint
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…
- 26Sep
2022
Some Perspective: A Lookback at Historical Borrowing navpoint
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…
- 26Sep
2022
Impact of Rising Rates on Commercial Real Estate Values navpoint
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…
- 26Sep
2022
Interest Rate Hike: Impact on Commercial Real Estate navpoint
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…
- 26Sep
2022
Market Comparison: 2020 vs 2021 navpoint
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…
- 19Sep
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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…
- 6Sep
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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…
- 6Sep
2022
NavPoint Real Estate Group Completes Sale of 2,806 SF Office Condo in Englewood for $725,000 navpoint
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…
- 6Sep
2022
NavPoint Real Estate Group Completes Sale of 4,800 SF Office Property in Thornton, Colorado for $1,100,000 navpoint
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…
- 9Aug
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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…
- 4Aug
2022
NavPoint Real Estate Group Facilitates Sale of 7,856 SF Retail in Alamosa, Colorado for $1,235,000 navpoint
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…
- 4Aug
2022
NavPoint Real Estate Group Completes Sale of 3,768 SF Veterinary Office Property in Castle Rock, Colorado for $1,225,000 navpoint
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…
- 4Aug
2022
NavPoint Real Estate Group Facilitates Sale of 48,820 SF Industrial Property in Littleton, Colorado for $6,900,000 navpoint
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…
- 21Jul
2022
Junior Analyst, Calvin Andrews joins NavPoint Real Estate Group navpoint
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…
- 21Jul
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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.
- 21Jul
2022
NavPoint Real Estate Group Completes Sale of 4.84 Acre Parcel in Sterling for $900,000 navpoint
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…
- 1Jul
2022
NavPoint Real Estate Group Completes Sale of 12,202 SF Single Tenant Office Investment Property in Greeley, Colorado for $2,925,000 navpoint
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…
- 28Jun
2022
NavPoint Real Estate Group Completes Sale of 8,080 SF Office Property in Castle Rock, Colorado for $2,800,000 navpoint
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…
- 28Jun
2022
NavPoint Real Estate Group Completes Sale of 15.55 Acre Land Parcel in Castle Rock, Colorado for just shy of $7,000,000 navpoint
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…
- 28Jun
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
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.
- 15Jun
2022
NavPoint Real Estate Group Completes Sale of 10,572 SF Investment Property in Castle Rock, Colorado for $4,635,000 navpoint
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…
- 15Jun
2022
NavPoint Real Estate Group Facilitates Sale of 1,508 SF of Industrial Space in Parker for $350,000 navpoint
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…
- 15Jun
2022
NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver navpoint
Littleton: Stacey James Salon Institute Inc leased 12,678 SF of Retail Space at 8555 W Belleview Avenue, Units 2614 & 2616 for 10.75 years. Mike Quinlan of NavPoint Real Estate Group represented the Tenant. This lease was executed in May 2022. Vivos Therapeutics Inc leased 8,253 SF of Office Space at 7921 Southpark Plaza,…
- 9May
2022
NavPoint Real Estate Group Closes 39,670 SF Multi-Tenant Office Investment Asset in Colorado Springs for Just Shy of $8,000,000 navpoint
Colorado Springs, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 5825 Delmonico Drive, a Multi-Tenant Office Investment property consisting of 39,670 rentable square feet, for $7,950,000. Located directly off I-25 in the well-established Northwest Colorado Springs office submarket, the building has been very well-maintained through the…
- 9May
2022
NavPoint Real Estate Group Completes Sale of 0.93 Acre Land Parcel in Castle Pines, Colorado for $1,810,000 navpoint
Castle Pines, CO - NavPoint Real Estate Group is pleased to announce it has completed the sale of 0.93 Acres of Land located at the Northwest corner of Castle Pines Parkway and Beverly Boulevard. Mike Quinlan of NavPoint Real Estate Group represented the Seller, HS Development LLC. The Buyer, Cobblestone Denver Propco LLC, was…
- 9May
2022
NavPoint Real Estate Group Sells 3,928 SF of Office Space in Littleton for $815,000 navpoint
Littleton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 3,928 SF of Office space at 7940 S University Blvd, Units 100 & 110. Brent Ham and Matt Kulbe of NavPoint Real Estate Group represented the Seller, Turquoise Properties LLC. The buyer, Avoric Real Estate LLC, was…
