CBRE announced the $47.78 million sale of The Mezz at Fiddlers Green, a newly-constructed, 149-unit Class A multifamily property in Centennial, Colo.
Dan Woodward, David Potarf and Matt Barnett with CBRE Capital Markets in Denver arranged the sale on behalf of the out-of-state seller, The Garrett Companies. Rocco Mandala with CBRE’s Phoenix office secured the financing for the out-of-state buyer, Sunroad Enterprises.
Located at 6440 South Syracuse Way, the luxury apartment community sits on 3.51 acres in the Denver Tech Center. The Mezz at Fiddlers Green includes a mix of one-, two- and three-bedroom units with high-end amenities such as open-concept living, designer white cabinetry, granite countertops, plank flooring and crown molding, stainless steel appliances and tile backsplashes.
The community amenities include a 1,600-square-foot fitness center, a bike repair station, bike racks, electric vehicle charging stations, an outdoor kitchen and firepit, a pet grooming area and rentable storage rooms. The property also includes a pool with a sun shelf, spa and cabanas that receives poolside delivery service from I.C. Brewhouse, an on-site restaurant included in the transaction.
“The Mezz at Fiddlers Green is an attractive new build with immediate access to Denver’s largest employment base in the Denver Tech Center. While built to a boutique scale, the community offers residents excellent amenities sized to a more traditional 300-unit project,” commented Mr. Barnett, senior vice president, CBRE Capital Markets. “The buyer purchased the property early during lease-up, adding to their current Denver portfolio.”
Located near the intersection of East Arapahoe Road and South Quebec Street, residents have convenient access to several nearby grocery-anchored retail centers as well as Fiddler’s Green park and amphitheater.
“We have actively been looking to grow our footprint in Denver. The Mezz, when it became available, was an obvious target for this expansion. We recognized the A+ development as a unique opportunity. With its ideal location in the Denver Tech Center, best-in-class amenities and finishes, it fits perfectly into our growth strategy for Denver,” states Dan Feldman, President of Sunroad Asset Management. “The developer clearly had an eye for exceptional detail, and we feel privileged to be the owners of this special property.”
