Denver-based Unique Properties, Inc. has announced the sale of a 20-acre parcel near Centennial Airport at the Dove Valley Business Park. This land was sold to Mountain Man Fruit and Nut Co. for $2,350,000. Jerry Kempf, Senior Broker at Unique Properties represented Dove Valley Business Park in the transaction and Rick Egitto and Jeremy Reeves of Inverness Properties represented the buyer. “We are pleased to have been involved in the sale of this land parcel which will allow Mountain Man to relocate from Parker to a new 155,000 square foot corporate headquarters that will also function as a manufacturing and distribution facility.” Kempf commented. “A small retail outlet will be an added component to the facility which will be open to the public.” Currently Mountain Man Fruit & Nut Co. operates in a 67,000 square foot building where its products are manufactured and packaged. This company has been in operation since 1977. According to Unique Properties, Mountain Man Fruit & Nut Co. expects significant growth over the next 10 years and the purchase of this new property will allow the company to expand to meet its expected growth. Mountain Man expects to have the new facility operational in 2016. Today, 275 acres of developable land remains at the Dove Valley Business Park.

Unique Properties, Inc. announces three additional transactions:

• A two-story 7,226 square foot office building at 6750 Emporia Street in Englewood sold for $875,000 to Emerald Property Group, LLC.Unique Properties, Inc., represented the seller, Capra Investment Company, LLLP, in the transaction. The new owner plans renovations to the property
• A 6,800 square foot industrial building at 5101 Columbine Street in Denver near York Street and I-70 sold. This property once served as an RTD maintenance facility. Aaron Romero, Senior Broker at Unique Properties brokered both sides in the transaction
• Unique Apartment Group, the multifamily division of Unique Properties, announced it brokered both sides of an 18-unit apartment property at 3318 - 3352 High Street in Denver. This property was purchased for $2.4 million. The units are housed in three separate buildings that were constructed in 1955.

 

MIG Real Estate, a California-based real estate investment company announced today that it has acquired the 130,748 square foot Iliff Business Park. This space is housed in four buildings located at 2369, 2422 and 2452 South Trenton Way and 7800 East Iliff Avenue in unincorporated Arapahoe County. This property is located a few blocks from Denver's southeastern border and is approximately 2 miles north of the 1-25 and I-225 interchange. “Iliff Business Park represents an opportunity to invest in a mature southeast location with improving rents and vacancy rates,” said Greg Merage, CEO of MIG Real Estate. “Denver is becoming one of the preferred lifestyle choices for today’s professionals. Individuals and companies are singling out Denver for its desirable blend of urban activity and suburban work-life balance, with excellent access to outdoor activities.” MIG Real Estate's strategic acquisition of this office park was based on low vacancy rates in southeast Denver, the strong Denver economy, and local infrastructure. Current tenants at Iliff Business Park include Davita; Deby’s Gluten Free; Fortune 500 company, Ecolab; and Crossfit Cherry Creek. The acquisition of this property marks MIG Real Estate's tenth investment in the Denver metro area which also includes hospitality and residential real estate. Since April of 2009 MIG has added more than $1.5 billion in property in the United States and Alberta, Canada to its portfolio. 

United Properties has announced that Rise Broadband has signed to lease office space in the Inverness Business Park located in Englewood just west of Centennial Airport. Rise Broadband will be relocating its headquarters and will be occupy 13,500 square feet of office space at 61 Inverness Drive. Rise Broadband currently leases space in a nearby office and the new location will allow the company to accommodate additional employees. The new lease begins on July 1st. "Our new space at 61 Inverness gives us the opportunity to continue our rapid growth in the heart of the country's telecom hub." said Jack Koo, president and CEO, Rise Broadband. "We look forward to being located near many of the industry's pioneers and leading corporations that have a long history in this area." United Properties' 61 Inverness drive is a 3-story office building with a total of 87,000 square feet of office space. With the addition of Rise Broadband the building is now 96 percent leased. Brokerage services for this transaction were provided by: landlord broker DTZ Americas-Cassidy Turley, tenant broker New Option Realty and architect Kieding. Cushman & Wakefield/Northmarq manages the property on behalf of United Properties. Rise Broadband is the nation's largest fixed wireless Internet provider serving nearly 200,000 rural and suburban residential and commercial accounts in 15 states. Incorporated in 2005, parent company JAB Broadband rebranded all of its operations as Rise Broadband in 2015 – including regional divisions Digis, Prairie-iNet, Skybeam, T6 and Rhino Communications. United Properties acquired 61 Inverness in 2013 and completed a renovation of the building in 2014. United Properties is based in Minneapolis and has nearly 50 office properties in its portfolio.