HFF Announces Sale of Newly Built Class A Apartments in Suburban Denver

DENVER--()--Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Parkhouse, a newly built, 465-unit, Class A luxury apartment community in the north Denver suburb of Thornton, Colorado.

The HFF team marketed the asset exclusively on behalf of the seller, and procured the buyer, Starlight Investments, a Toronto, Canada-based real estate investment and asset manager.

Parkhouse is located on 24.2 acres at 14310 Grant Street in Thornton. Positioned just east of 144th Avenue and Interstate 25, the property is surrounded by north Denver’s premier retail and employment corridors, which will soon also be home to an approximately 320,000-square-foot upscale outlet mall and an 857,000-square-foot Amazon distribution center. Completed earlier this year, the three-story, garden-style property comprises units averaging 914 square feet with luxury features, including designer kitchens with islands, granite countertops, stainless steel appliances, nine- to fifteen-foot ceilings, hardwood-style flooring, full-size washers and dryers, spacious closets and private patios or balconies. The amenity-rich property also features two resort-style pools with spas and cabanas, outdoor kitchen with grills, community garden, playground, two clubhouses and resident lounges, game room, fully equipped business center, two fitness centers with cardio and yoga rooms, dog park, dog wash, electric vehicle charging stations and a mile-long paved walking trail.

The HFF investment advisory team representing the seller included managing director Jordan Robbins and directors Jeff Haag and Anna Stevens.

About Starlight Investments

Starlight Investments is a Toronto-based, privately held, full service real estate investment and asset management company driven by an experienced team comprised of over 120 professionals. Starlight currently manages $7.5 billion of multi-family and commercial properties through funds, JV’s and club deals. Starlight’s portfolio consists of approximately 35,000 multi-family units, of which 24,000 are across Canada and 11,000 across the U.S., along with over 4.6 million square feet of commercial properties throughout Canada. For more information, please visit www.starlightinvest.com and connect on LinkedIn at www.linkedin.com/company/starlight-investments-ltd-.

About HFF

HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

Contacts

HFF
JORDAN ROBBINS, (303) 515-8000
CO Lic. #40035669
HFF Managing Director
jrobbins@hfflp.com
or
OLIVIA HENNESSEY, (713) 852-3500
HFF Public Relations Specialist
ohennessey@hfflp.com

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Release Summary

HFF announces the sale of Parkhouse, a newly built, 465-unit, Class A luxury apartment community in the north Denver suburb of Thornton, Colorado.

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