New developer poised to throw a lifeline to troubled Falcon shopping center, outside Colorado Springs
COLORADO SPRINGS, CO - The proposed Falcon Marketplace shopping center just outside Colorado Springs could be getting a new owner, who’s expected to breathe life into the financially troubled project. Evergreen Devco, a real estate [...]
From Sears to Shelter – Former Chapel Hills Sears targeted for demolition, redevelopment as apartments
COLORADO SPRINGS, CO - It was the end of an era when the Sears department store closed last year after nearly four decades at the Chapel Hills mall in Colorado Springs. Now, it could be [...]
Commercial real estate deals for 7.10.20
AURORA, CO - Evergreen Devco, Inc. purchased Turnberry at Heather Ridge, a 268-unit apartment complex at 2038 S. Vaughn Way in Aurora, for $46 million. John Blackshire and Tom Wanberg of Transwestern represented the seller. [...]
Phoenix real estate firm buys Chandler retail center
By Corina Vanek – Reporter, Phoenix Business Journal Jul 6, 2020, 5:51pm EDT PHOENIX, AZ - Evergreen Devco, a Phoenix based development company focused on retail and multifamily projects, bought Chandler Pavilions, a value-add retail [...]
Evergreen Devco adds Aurora apartments for $46M
ARUORA, CO - Evergreen Development added an Aurora apartment community to its metro Denver portfolio. It paid $46 million, or $171,641 per unit, for the Turnberry Apartments at Heather Ridge, a 268-unit community, at 2038 [...]
Artis Buys 176,269 SF Development Site within California Mixed-Use Project
MORGAN HILL, CALIF. — Artis Senior Living has acquired 176,269 square feet within the Evergreen Village mixed-use development in Morgan Hill, a city at the southern tip of Silicon Valley. Artis plans to build a [...]