BROOMFIELD, CO-In the largest single-asset multifamily sale inColorado thus far in 2010, according to brokers from Moran &Co., Chicago-based AMLI Residential has purchased a class-Aapartment community here from Dallas, TX-based Trammell CrowResidential. The purchase price of the Alexan Arista 358-unitproperty was $55.55 million.

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Moran & Co. was the exclusive listing agent with partners,David Martin and Pamela Koster of the firm’s Mountain States officerepresenting the seller. According to managing partner Martin, theAlexan Arista property “has tremendous upside due to its strategiclocation in what is rapidly becoming the ‘alternative energycorridor’ with construction of ConocoPhillips planned R & Dfacility now underway.”

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The property is located within the Northwest Corridor of MetroDenver which runs along US 36, also known as the Boulder Turnpike.Alexan Arista is located between Downtown Denver and Boulder and isonly a 20-minute drive to both cities, according to a preparedstatement. The property is minutes away from InterlockenAdvanced Technology Park—which is home to many companies including,Oracle, Level 3 Communications, Ball Corp. and IBM.

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Alexan Arista is located in the new 200-acre Arista masterplanned development built around the 1STBANK Center, which is a6,000-seat entertainment venue, and the Regional TransportationDistrict’s model transit station. Arista Place, the towncenter of the development, offers a three block, open-air malllined with class A office, street level boutique-style retail andrestaurants.

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Alexan Arista is located at 8200 Arista Place. Thecommunity has 11 rental buildings configured into nine buildingtypes, which house between 22 and 48 units. The buildings arethree and three-and-a-half stories. There are 14 floor planswith a mix of one, two, and three bedroom units ranging from 771square feet to 1,285 square feet. Three of the floor plans aretwo-story loft units which comprise of 47 of the 358 totalunits. Interior amenities include full granite kitchencountertops, nine-foot and 20-foot ceilings (two story units),washer-dryer hook ups, private patio or balcony, walk-in closets,and crown molding. Select units offer gas fireplaces, kitchenislands and mountain views. Community amenities include acontemporary clubhouse with kitchen, billiards, and a guest suiteavailable for visitors.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.