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| Krystal Arcenaux |
DENVER, CO – Denver-based commercial real estate firm EverWest Real Estate Investors has sold a 6.31-acre site in the heart of the Denver Tech Center submarket, for the planned development of a new Class A, mixed-use multifamily community.
At $23 million, the sale underscores the ongoing demand for
metro Denver multifamily product.
The land site is located at 7700 S. Chester St. in Centennial,
minutes from the I-25 / Dry Creek Road interchange and less than 15 miles south
of downtown Denver.
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| Martin Roth |
“This is a superior transit-oriented site, located adjacent to
light rail and surrounded by office development, which provides built-in
residential renter demand,” said EverWest Executive Vice President Krystal
Arcenaux.
“These fundamentals, along with Denver’s ongoing strong job
growth, create a prime scenario for the new landowner and their multifamily
development plans.”
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| Eric Roth |
The Denver Tech Center submarket serves as a major urban /
suburban commercial hub, home to notable Fortune-level employers and at the
center of a highly educated employee pool.
CONTACT:
Stacey Hershauer
focusAZ
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