TWO DTC OFFICE BUILDING – Multi-Tenant Office Building
5290 DTC Parkway, Greenwood Village, CO

NexGen acquired the approximately 32,675 sf, single story, walk-up, office building as a value-add covered land play in the Denver Tech Center. NexGen Resources Corporation, the parent company of NexGen Properties, plans to relocate its corporate headquarters to Two DTC from the neighboring One DTC upon the completion of significant interior and exterior renovations to the property. The approximately 17,500 sf balance of the building is available for lease to a single, high-quality co-tenant.

Leasing Contact Information:
Joe Serieno
Avison Young
2350 W 29th Street, Greeley, CO

In effort to further diversify NexGen’s portfolio, NexGen acquired a 74 key Hampton Inn and Suites hotel in Greeley, Colorado.  The acquisition was a favorable value proposition. Shortly after closing, NexGen enhanced the asset by completing the Product Improvement Plan (PIP), spending $2.5M in room renovations, resulting in a new 15-year franchise agreement with Hilton (parent company to Hampton).  The hotel has historically been a strong performer, with reoccurring corporate accounts and brand loyalists.

Available for Lease
6660 Timberline Road, Highlands Ranch, CO

Utilizing an online auction platform, NexGen acquired EastRidge Medical, a lender owned 23,119 square foot medical building located in Highlands Ranch, CO.  This acquisition presented a rare oppurtunity to purchase a medical office building with stable, long term tenancy and below market rental rates in the coveted Highlands Ranch community.  Built in 2005, NexGen purchased well below replacement cost, with only 10% of the building being vacant.

Leasing Contact Information
David Foley
Makers Commercial

Passive Limited Partner Investments:


NexGen invested in the $186 million and $400 million Bow River Capital Partners opportunistic real estate funds.  The funds target commercial and residential real estate with a focus on value-add, distressed, and new construction investment opportunities of $10m or more. Asset types under management are industrial, senior housing, office, retail, and mezzanine debt.  The funds only focus on opportunities in Bow River Capital’s Rodeo Region (emerging Mountain West).

Monarch Investments acquires multifamily workforce housing units, which competes well in comparison to expensive new construction. NexGen has invested alongside Monarch in acquiring The Fairways at Lowry, located in Aurora, CO, a 1970’s vintage property consisting of 450 units.  Another acquisition is the Seasons on Chelsea, located in Cincinnati, OH, a 367 unit community built in the early 1970’s.

NexGen has participated with Forum Real Estate to construct large high end multi-family communities including Alana, a contemporary 300 unit project in Castle Rock, Colorado, and Nacona Apartments, a 264 unit work force project in Glendale, Arizona.

Available for Lease
BROOMFIELD MARKETPLACE– Multi Tenant Retail Center
6765 & 6785 West 120th Avenue, Broomfield, CO

Broomfield Marketplace, a two-building inline retail center, comprising of 21,000 square feet, is located in Broomfield, CO at the northeast corner of Main Street and 120th Avenue.  The center sits in the heart of the City of Broomfield’s proposed Civic Center development, comprising of a quality commercial and mixed-use district that provides a variety of uses, civic amenities, and landscape interest.  Existing tenants include Great Clips, GNC, and O’Reilly Auto Parts.

Leasing Contact Information
Rich Otterstetter
Crosbie Real Estate Group

MONACO INDUSTRIAL BUILDING – Industrial Manufacturing Building
5775 Monaco Street, Commerce City, CO

Attracted by a constrained industrial market in Denver, NexGen Properties acquired a 29,600 square foot industrial building along the I-270 corridor in Commerce City, CO.  Built in 1975 of a pre-cast concrete panel construction, the building is attractive to many users due to the 24’ ceiling heights.  The building is occupied by a Sphere Renewables, a wind turbine construction, supply, and distribution contractor.


WESTVIEW PLAZA – Inline Retail and 5 Guys Stand Alone Restaurant
4126 – 4146 Second Street South, St. Cloud, MN 56301

Looking for value and a better yield outside of Colorado, NexGen acquired Westview Plaza in St. Cloud, Minnesota, which is a stabilized 14,000 square foot multi-tenant inline retail center.  Included in the sale was a standalone outparcel 5 Guys restaurant.  This investment affords NexGen a stabilized income producing asset along with a great anchor tenant such as 5 Guys.  This sale was an off market transaction.

Available for Lease

MAINSTREET MARKETPLACE – Multi Tenant Retail Center
12525 – 12555 Ulysses Street, Blaine, MN

Investing outside of Colorado, NexGen acquired a stabilized 25,260 square foot in-line retail center in Blaine, Minnesota, a northern suburb of Minneapolis.  This Class A retail center built in 2003/2004 includes national tenants such as Perkins Restaurant, Bruegger’s Bakery, Little Caesars, H & R Block, and Great Clips.  Mainstreet Marketplace is comprised of three buildings including two multi-tenant retail buildings and a standalone Perkins Restaurant. Leasing Contact Information
Molly Townsend

Available For Sale
WESTCREEK – Commercial & Residential Finished Land Padsites
9361 South Parker Road, Parker, CO

Located at the southwest corner of e-470 and Parker Road in Parker, Colorado, Westcreek consists of 14 commercial and multi-family finished land pad sites totaling 25 usable acres.  Developed in 2006, the original developers sold 3 of the 17 pad sites to a Big 5 Sports retail store, a 7-Eleven gas station, and a bank branch location.  Recent lot sales include a hotel, apartment projects, and condominium projects. NexGen purchased the property from a national banking institution that had foreclosed on the asset. NexGen issued 2019 series A metropolitan taxing bonds. Several parcels are available.

CENTENNIAL PAVILION – Multi Tenant Retail Center
133 – 166 McCaslin Boulevard, Louisville, CO

Built in 2001, Centennial Pavilion is a Class A multi-tenant retail shopping center located in Louisville, Colorado.  NexGen acquired the promissory note, and later obtained title to the property via a deed-in-lieu from the borrower in bankruptcy proceedings.  Current tenants include Grease Monkey, Lamar’s Donuts, Sports Clips, State Farm, and Edward Jones to name a few.

Available for Lease
REGENCY EXECUTIVE CENTER – Medical Office Building
1465 Kelly Johnson Boulevard, Colorado Springs, CO

Acquired as a bank-owned asset, Regency Executive Center is a class B+ 50,000 square foot medical office building located in Northern Colorado Springs.  Built in 1984, Regency is a 3-story building occupied by small and mid –size tenants and home to several medical related businesses.  NexGen renovated the building including upgrades to the common areas, property signage, landscaping, and new roof. The property is currently available for lease. Leasing Contact Information:
Mark O’Donnell



Sold 2022
2749 – 2779 Janitell Road, Colorado Springs, CO

Built in 2008, The Crossing at Fountain Creek is a 32,325 square foot Kohl’s and McDonald’s shadow anchored inline retail center, located in southern Colorado Springs, CO.  The medical focused tenant base includes UC Health Urgent Care, Shandy Clinic, Quest Diagnostics, and Four Seasons Dental Care.  NexGen acquired the bank-owned property, successfully stabilizing and leasing the vacant units.

Sold 2021

SHAFFER TECH CENTER – Industrial Facility
7910 Shaffer Parkway, Littleton, CO

Shaffer Tech Center is a Class A, 100,550 square foot industrial facility built in 2002, which served as the home of Apria Healthcare for 15 years. The building features a 24’ clear ceiling height, along with 13 dock-high doors, and ESFR sprinkler system. The property is in the affluent SW Denver suburb of Ken Caryl, which benefits from impressive demographics, in a constrained industrial market, with immediate access to the C-470, I-70, and 285 mountain corridors.  Fully vacant at the time of acquisition, this value-add investment allowed NexGen Properties to bring new life to the asset by replacing the roof, exterior paint, interior demolition, dock door replacements, and landscaping refresh.  In just over a year, NexGen was able to secure an owner/user manufacturing buyer, increasing the value of the asset by $67 per square foot.

Sold 2019
RIVERBEND TRAIL – Condominium Office Building
2121 Midpoint Drive, Fort Collins, CO

Acquired as a bank-owned asset, Riverbend Trail is a class B+ office condominium building located in a strong growth area of Fort Collins.  Built in 2008, the three story building comprises of 21,600 square feet, which was is divided into six condominium units. Additional land adjacent to the building was acquired for future development.

Sold 2017
MONTEBELLO PLAZA– Office Building Park
5426, 5446, 5526, 5540 North Academy Blvd, Colorado Springs, CO

Comprised of a four office building office campus totaling 69,000 square feet, Montebello Plaza was obtained through Chapter 7 bankruptcy proceedings.   NexGen committed $1MM towards repositioning the property. 

Sold 2016
13900 @ ILIFF STATION – General Office Building
13900 East Harvard Ave, Aurora, CO

Central Place at Iliff Station is a 74,000 square foot multi-tenant office building located in Aurora, Colorado.  Built in 1984, it is well located along the recently widened I-225 freeway, visible to thousands of automobiles daily.  Central Place is situation only steps from the new Iliff Station that is currently under construction and will be completed in mid-2016.  This highly anticipated light rail extension will provide easy access to the Denver International Airport.  NexGen conducted extensive common area and building system renovations to modernize the building and maximize building operating efficiency.

Sold 2016
LONE CACTUS – Office Flex Data Center
1919 West Lone Cactus, Phoenix, AZ

NexGen invested with its sister partner in a 15,000 square foot flex industrial warehouse in Phoenix, Arizona, which is being leased as a telecommunications office/data center.

Sold 2016
PLAZA WEST – Inline Retail and Arby’s Stand Alone Restaurant
40 33rd Avenue South and 3275 1st Street South, St. Cloud, MN 56301

Along with acquiring Westview Plaza, NexGen also acquired Plaza West in St. Cloud, Minnesota, which is a stabilized 23,000 square foot multi-tenant inline retail center.  Included in the sale was a standalone outparcel Arby’s restaurant.  Positioned at one of the best intersections in town, Westview has long been known for its strong tenancy over the years, with very little tenant turnover.  Tenants include Miracle Ear, UPS Store, Curves, and Bravo Burritos to name a few.  This sale was an off market transaction.

Sold 2016
BRITONE LOT – Downtown Denver Parking Lot
1440 Stout Street, Denver, CO

Situated one block west of the Denver Convention Center next to the Embassy Suites, Britone is a 6,250 square foot land parcel comprising of 25 parking spaces.  The land was leased to Alpha Park Company on a 5-year lease, which was being operated as a public-pay parking lot. The sale was an off-market transaction.

Sold 2015
2300 River Frontage Road, Silt, CO

Working with a local banking institution, NexGen successfully acquired a 14,000 square foot LEED certified single user office building located in Silt, CO.  Built in 2009 for the Bureau of Land Management (“BLM”), the tenant is occupying the building on a 15 year base lease term.  This field office serves the needs of the thriving oil and gas interests in the Colorado River Basin.

Sold 2015
1950 9th Street, Boulder, CO

Just off Pearl Street in Boulder, NexGen acquired a mixed use Class A commercial office / retail condominium.  Comprising of 2,606 square feet, the office condo is leased to a residential sales brokerage firm.  Built in 2003, the condo has modern finishes such as an open ceiling grid, stainless steel mechanical, tall ceilings, and a concrete floor. 

Sold 2014
Aurora, Castle Rock, Commerce City, Longmont, Thornton, CO

Another area of interest has been to acquire single-family, townhome, and condominium lots in which NexGen sells to homebuilders. Throughout the Denver Front Range, NexGen owns and maintains over 300 lots in five different master planned communities.  The lots were purchased from a national homebuilder through bankruptcy proceedings.  As part of the ownership responsibilities, NexGen had declarant HOA rights.  To date NexGen has successfully sold all of the inventory in Aurora, Castle Rock, Longmont, Thornton and Commerce City.

Sold - 2012
1031 Exchange
Boulder, CO, Chicago, IL, Peekskill, NY, & Orlando, FL

As part of a 1031 exchange in 2010, NexGen acquired six retail drugstores that were a sale / leaseback to Walgreens Co. and CVS Drug Stores.  Stores purchased included Walgreens stores located in Boulder, CO and just outside of New York City, NY.  Three CVS Drug Store leasehold interests located in Chicago, IL and Orlando, FL were also acquired.  All six stores were new 25 year guaranteed NNN leases.

Sold 2012
CLINTON CHESTER – Two Multi-Family Apartment Buildings
1920 Chester Street and 1921 Clinton Street, Aurora, CO

Working with a local banking institution, NexGen negotiated the purchase of two multi-family apartment buildings in Aurora, Colorado, near the former Stapleton Airport.  The two buildings consist of 20 rental units in total.  Within 60 days of purchasing the asset, NexGen was able to secure an out-of-state 1031 exchange cash buyer to purchase the buildings.

Sold 2014
6th AVENUE BUSINESS CENTER – Industrial Flex Warehouse Building
627 Sheridan Boulevard, Lakewood, CO

Working directly with a local banking institution, NexGen acquired a 14,000 square foot industrial flex warehouse and closed within 30 days to meet the year-end balance sheet needs of the bank. Built in 2008, 6th Avenue Business Center is a Class A industrial warehouse located at 6th Avenue and Sheridan Boulevard, which consists of 5 individual suites.  NexGen sold the property to an owner/user. 

Sold 2006
THE ROCKS LUXURY RESIDENCE CLUB – Fractional Homeownership
27440 North Alma Parkway, Scottsdale, AZ

From an equity investment position, NexGen was involved in the development of high-end luxury residence clubs. The first is located in Scottsdale, Arizona known as The Rocks Luxury Club ( The Rocks consists of 40 Villa residences which were sold in fractions. The community also contains a Clubhouse with adjacent Troon® golf course. The investment fund successfully sold 40 villas.

Sold 2009
TURKS & CAICOS ISLANDS – Condominium Resort Project
Providenciales, Turks and Caicos Islands

Another equity investment for NexGen included a development located in the Providenciales of the Turks & Caicos Islands known as The Grace Bay Club (, consisting of an existing five-star hotel, spa, and restaurant. NexGen was an investor in 38 Villa condominiums along the attached beachfront. Stemming from Grace Bay's success, NexGen rolled its profits into an additional expansion phase that is yet to be constructed.