DENVER-The metro-area industrial market is finally starting to show signs of life, according to the fourth-quarter MarketView report by CB Richard Ellis. The market is benefiting from continued growth in national and local economies, CBRE's analysis shows.

COLORADO SPRINGS-The Griffis Group, a private real estate investment and development company, secures $19.7 million in financing for the 252-unit Oasis Apartments. NorthMarq's Denver office provides the financing for the property, located at 1495 Farnham Point.

VAIL, CO-Vail Resorts, through one of its subsidiaries, shells out $3.3 million for prime land. The six-acre site located at Forest and South Frontage roads is the former home of a Vail Amoco service station.

DENVER-The private equity investment arm of the Virginia-based J.E. Robert Cos. pays $53 million for a portfolio of TownePlace Suites by Marriott hotels. The seller is Rocky Mountain Extended Stay, LLP.

DENVER-The private equity investment arm of the Virginia-based J.E. Robert Cos. pays $53 million for a portfolio of TownePlace Suites by Marriott hotels. The seller is Rocky Mountain Extended Stay, LLP.

DENVER-Sage Hospitality Resources, a locally based company that specializes in managing and renovating full-service and luxury hotels, creates four senior management positions.

DENVER-California-based Bascom Group pays $17 million for an apartment development in Southeast Denver. The sales price is close to the assessed valuation of the property, according to public documents obtained by GlobeSt.com.

DENVER-Jim Cortney joins the Corporate Services Group of Grubb & Ellis' local office. Previously, Cortney held a senior manager at Level 3 Communications Inc., a Broomfield-based telecommunications firm.