News

April 12, 2019

Northstar Commercial Partners, Milender White and Canyon Partners Close on Parkside at City Centre

Today, Northstar Commercial Partners, Milender White and Canyon Partners Real Estate LLC announce the successful closing of a new, mixed-use development Parkside @ City Centre. Located east of Denver in Aurora, Colorado, Parkside is a ground-up, mixed-use development featuring 216 market-rate, multifamily apartments, and 36,000 square feet of retail on 5.6 acres. The development cost is expected to […]

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April 03, 2019

Northstar Commercial Partners Continues to Expand in Senior Care, Announcing Purchase of Assisted Living Home in California

DENVER, April 3, 2019 /PRNewswire/ — Today, Northstar Commercial Partners is pleased to announce their purchase of Vista Gardens, a senior living facility based in Vista, California, San Diego County for $22.8 million. Built in 2011, the ±43,996 SF facility has 99 beds, comprised of both private and semi-private rooms, with tenant occupancy at 94%. The living space is just a few […]

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March 25, 2019

Northstar Announces New Chief Operations Officer, Tim Lorman

PR Newswire, Denver, Colorado:  Today, Northstar Commercial Partners announced the hiring of Tim Lorman as the company’s new Chief Operations Officer. Northstar’s Former Chief Operations Officer, Scott Gibler will now be the Chief Investment Officer.  Mr. Lorman brings over 20 years of commercial real estate experience to Northstar, specifically focused on driving growth and managing teams. […]

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March 14, 2019

Northstar Announces New Director of Development, Brian Dietz

DENVER, March 14, 2019 /PRNewswire/ — Today, Northstar Commercial Partners announced the hiring of Brian Dietz, as the company’s new Director of Development. Northstar’s Former Director of Development, Don Marcotte will remain as a partner in various development deals.  Brian Dietz has 15 years of experience in real estate, working for leading organizations such as Opus Development Company, Black Creek Group, Lauth […]

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February 26, 2019

Northstar Commercial Partners Sells Office Building in Denver, Colorado

DENVER, Feb. 26, 2019 /PRNewswire/ — Today, Northstar Commercial Partners announced the sale of its Northfield Business Center office building in Denver, Colorado for $4,330,000 on February 20, 2019. The property was originally bought as a strategic value-add play in 2015. The building was approximately 29.6% leased upon acquisition, and after improving the property and […]

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February 12, 2019

Northstar Announces Sale of Class A Industrial in Surprise, Arizona

DENVER, Feb. 12, 2019 /PRNewswire/ — Today, Northstar Commercial Partners announced the sale of its property located at 12000 N. 132nd Avenue, Surprise, Arizona, USA, for $24.1 million on February 4, 2019. The 418,000 SF building on 32 acres was bought vacant by a Northstar affiliated entity in September of 2015, and represents a significant value creation after acquiring an empty […]

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December 10, 2018

Northstar Announces Sale of 860 Potomac

Denver, CO, December 6, 2018 – Today, Northstar Commercial Partners announced the sale of its property located at 860 Potomac, Aurora, Colorado, for $34.75 million. The 113,568 SF building on 5.24 acres was bought vacant by a Northstar affiliated entity in March of 2017 for $5.6 million, and represents a significant value creation after acquiring […]

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June 14, 2018

Northstar Commercial Partners Announces Long-Term Lease Partnership with Pax8 at 5500 South Quebec

The 74,068 sq ft agreement will fill the majority of the property’s entire remaining vacancy and is expected to create over $16 million of value

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May 27, 2018

Photos: Welbrook Transitional Rehabilitation and senior living community in Las Cruces, New Mexico

Super encouraging to see these pictures of our newly completed project with Welbrook Transitional Rehabilitation and senior living community in Las Cruces, New Mexico.

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