HFF Announces the Sale of EVIVA on Cherokee in Downtown Denver
February 4, 2019
DENVER–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24HF&src=ctag” target=”_blank”gt;$HFlt;/agt; lt;a href=”https://twitter.com/hashtag/CRE?src=hash” target=”_blank”gt;#CRElt;/agt;–Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of EVIVA on
Cherokee, a Class AA, high-rise apartment building in the Golden
Triangle neighborhood of Denver, Colorado.
The HFF team marketed the asset exclusively on behalf of the project’s
developer and seller, a partnership between The Integral Group LLC, a
national real estate development and investment firm headquartered in
Atlanta, and Wanxiang America Real Estate Group, a Chicago-based real
estate investment firm.
EVIVA on Cherokee is a Class AA 18-story, concrete constructed building
completed in 2017. Located at 1250 Cherokee Street, the property is
ideally located in Denver’s Golden Triangle neighborhood within one
block of the Daniel Libeskind-designed Denver Art Museum, the Clyfford
Still Museum and the Kirkland Museum, among several other museums and
art galleries. EVIVA on Cherokee is also ideally located between
Denver’s CBD and Cherry Creek and is within walking distance to popular
dining and entertainment options.
Homes at EVIVA on Cherokee average approximately 820 square feet and
feature industrial-inspired finishes such as exposed concrete,
high-gloss custom cabinetry, quartz countertops, stainless steel
appliances, sliding barn doors and floor-to-ceiling windows offering
stunning city and mountain views. Community amenities include a
resort-style saltwater pool with private cabanas, outdoor grilling area,
bocce ball court, fire pits, state-of-the-art fitness center, movie room
with billiards, demonstration kitchen, private indoor/outdoor conference
room, rotating art gallery throughout the common areas, dog wash and
24-hour concierge services.
The HFF investment advisory team representing the seller included
managing director Jordan Robbins and directors Anna Stevens, Mack Nelson
and Chris White.
“EVIVA on Cherokee is a best-in-class, trophy asset located in the
highly desirable Golden Triangle neighborhood, one of Denver’s most
exciting creative districts,” Robbins said. “The limited availability of
concrete, high-rise apartment communities in Denver created significant
interest in the asset.”
About Integral Group, LLC
The Integral Group, LLC is an Atlanta based real estate development and
investment company focusing on development projects across the United
States. For 25 years, The Integral Group, LLC has earned a solid
reputation for bringing innovative community, housing and infrastructure
solutions to strengthen and revitalize urban communities. Integral
strives to be a premier provider of sustainable real estate, community
and infrastructure solutions globally. For information about Integral
Group, LLC, please visit http://www.integral-online.com/.
About Wanxiang America Real Estate Group
Wanxiang America Real Estate Group, LLC (“WAREG”) was formed in 2010 to
invest in value-added real estate investments in the U.S. The WAREG team
relies on its expertise as developers and operators to source,
underwrite and execute investments focusing on asset-level dynamics and
intrinsic value. Efficiency is created by utilizing a flat
organizational structure, practical business approach, large pool of
discretionary capital and entrepreneurial mindset. The combination of
expertise, industry connections, efficiency and capital has allowed
WAREG to carve out a niche in the market. WAREG has successfully
invested over $1 billion of equity into nearly 100 commercial real
estate investments of all product types across North and South America.
For information about Wanxiang America Real Estate Group, please visit http://wanxiangrealestate.com/.
About HFF
HFF and its affiliates operate out of 26 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
JORDAN ROBBINS
CO Lic. #40035669
HFF Managing Director
(303)
515-8000
jrobbins@hfflp.com
ANNA STEVENS
CO Lic. #FA.100043946
HFF Director
(303)
515-8000
astevens@hfflp.com
MACK NELSON
CO Lic. #FA.100075894
HFF Director
(303)
515-8000
mnelson@hfflp.com
CHRIS WHITE
CO Lic. #FA.100075931
HFF Director
(303)
515-8000
cwhite@hfflp.com
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713)
852-3403
ohennessey@hfflp.com