Denver, CO (August 7, 2018) – Broe Real Estate Group, a wholly owned subsidiary of The Broe Group, today announced the purchase of a three building flex/office portfolio comprising more than 210,000 square feet located in Colorado Springs’ Briargate Office Park. Briargate is a 9,600 acre master-planned community located in northern Colorado Springs. Within Briargate is Corporate Pointe […]
Acquisition completed through jointly formed entity, Crestone Peak Resources Toronto, ON/Denver, CO (July 29, 2016): Crestone Peak Resources LLC (Crestone), a Canada Pension Plan Investment Board (CPPIB) and The Broe Group jointly formed entity, closed the acquisition of the previously announced Denver Julesberg (DJ) Basin oil and gas assets in Colorado from Encana Oil […]
DENVER: OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, and the Effingham County Industrial Development Authority (ECIDA) are developing a 2,700-acre tract near Rincon, GA. The Savannah Gateway Industrial Hub, located 12 miles from the Port of Savannah and served by the CSX […]
San Francisco, CA (March 14, 2016) – Broe Real Estate Group (“Broe”), a leading investment manager of commercial real estate assets affiliated with The Broe Group, has acquired Oceanview Village Shopping Center in San Francisco, California, for $30.6 million. Citivest Commercial (“Citivest”), a real estate operating company specializing in value-add retail investments, will serve as […]
DENVER – The Georgia & Florida Railway, LLC (GFRR), an affiliate of OmniTRAX, Inc., continues to make shipping by rail easy with the implementation of Railinc’s Interline Settlement System (ISS) in partnership with Norfolk Southern Railway, CSX Transportation and GE Transportation’s Digital Solutions business. ISS is the standard process in the rail industry to share […]
DENVER: Broe Real Estate Group, an affiliate of The Broe Group, announced two additions to its leadership team to augment the company’s asset management, development and construction capabilities. Walter Armer joins as Vice President, Development and Portfolio Management with responsibilities for the Broe Real Estate Group multi-family portfolio including the building and marketing of Country […]
DENVER – OmniTRAX, Inc., one of the largest privately held transporation service companies in North America and an affiliate of The Broe Group, has elected Edmond Harris Chairman of its Board of Directors. Harris, who joined the OmniTRAX board in May 2014, replaces Brad Skinner, who will stay on the board. “Since becoming a member […]
DENVER – January 7, 2016: Three Leaf Ventures, an affiliate of The Broe Group established to invest in transformative healthcare technology, showed significant progress in 2015. Funds were delivered to several new companies and provided to existing investments to support their growth and progress. The firm plans to expand its focus on medical technology start-ups […]
Denver: Country Club Towers & Gardens, a development managed by Broe Real Estate Group, a leading investor and manager of commercial real estate assets affiliated with The Broe Group, has earned a Tributes Award from the Apartment Association of Metro Denver. The honor, for Most Outstanding Model Home, was given on November 9, 2015 at […]
DENVER – OmniTRAX, Inc., one of the largest privately held rail and transportation service companies in North America and an affiliate of The Broe Group, elected Keith Lovetro to its Board of Directors. Lovetro currently serves as President and Chief Executive Officer of TRAC Intermodal, the largest intermodal chassis pool manager and equipment provider for […]
Denver – The Broe Group and Canada Pension Plan Investment Board (“CPPIB”) announced that a new affiliate owned by the two companies has signed an agreement with Encana Corporation to buy all of Encana Oil & Gas (USA) Inc.’s oil and gas assets in the DJ Basin in northern Colorado. The $900 million transaction, which is subject […]
Denver Mayor, Councilman and business leaders speak at ceremony Construction project to employ 1,000 workers, provide workforce training Denver – Broe Real Estate Group, an affiliate of The Broe Group, has started construction on a major, residential apartment building project that will employ up to 1,000 construction workers and provide high-quality housing with innovative design […]
Announces Purchase of Additional Wells and Acreage Denver – Great Western Petroleum, a subsidiary of Great Western Oil & Gas Company, an affiliate of The Broe Group with active operations in the Denver-Julesburg Basin in Colorado, has purchased approximately 6,000 acres and eight producing wells in the Wattenberg Field. The purchase closed June 1, but the […]
Denver – Three Leaf Ventures, a wholly-owned subsidiary of The Broe Group established to invest in progressive healthcare technology companies, is opening an office in Ann Arbor, MI to gain exposure to the growing opportunities that exist in the Midwest and East Coast regions. As part of Three Leaf’s introduction to the market, Managing Director […]
Up to 2,600 direct and indirect jobs result from rapid expansion Denver – Amid a sea of news about oil and gas layoffs and operators closing or downsizing their Colorado offices, the Great Western Industrial Park (GWIP) in Windsor, Colo., marketed by Great Western Development Co., an affiliate of the Broe Group and OmniTRAX Inc., […]
Denver – Broe Real Estate Group, a leading investor and manager of commercial real estate across the US, today announced that Douglas Wells is joining the company as CEO, effective immediately. In his new role, Wells leads all operational, investment and capital market activities for Broe Real Estate Group and its affiliates. “Doug is a […]
Transaction launches Broe Real Estate Group’s $100 million Equity Solutions program for capital constrained real estate investors Denver – Broe Real Estate Group, a leading investor and operator of commercial real estate assets across the US, is recapitalizing the One Riverwood Place & Two Riverwood Place offices in Pewaukee, WI, under a managed affiliate. The […]
Denver – OmniTRAX Inc., one of North America’s largest private railroad and transportation management companies, is proud to announce that Billie Johnson, General Manager for Newburgh & South Shore Railroad and Northern Ohio & Western Railway, is the American Short Line and Regional Railroad Association’s (ASLRRA) 2014 Safety Person of the Year. Johnson will receive the […]
Purchase expands OmniTRAX footprint in Illinois; will attract new companies and create jobs Denver – Peru Industrial Railroad, LLC, a managed affiliate of OmniTRAX, Inc., one of the largest privately held rail service companies in North America, is purchasing the Peru Rail Line from the City of Peru, IL. Peru Industrial Railroad will run freight service […]
Company is actively pursuing acquisitions during period of uncertainty in the industry Denver – Great Western Oil & Gas Company, an affiliate of The Broe Group with active operations in the Denver-Julesburg Basin in Colorado, has purchased 14 producing wells and 816 net leasehold acres in the Wattenberg Field from an undisclosed seller. The purchase closed January […]
Company is actively pursuing acquisitions during period of uncertainty in the industry Denver – Great Western Oil & Gas Company, an affiliate of The Broe Group with active operations in the Denver-Julesburg Basin in Colorado, has purchased 14 producing wells and 816 net leasehold acres in the Wattenberg Field from an undisclosed seller. The purchase closed […]
Broe Group’s transportation, energy and real estate affiliates all have operations in the Northern Colorado community Denver – The Broe Family Foundation is donating $25,000 to the Town of Windsor for the creation of The Broe Family Foundation Windsor Scholarship Fund, a program that subsidizes fees for qualifying children to participate in town recreation services. The program […]
Denver – The Broe Real Estate Group, a leading owner and manager of commercial real estate across the US, has sold Trinity Place, a 17-story office building in downtown Denver, to Velocis Partners of Dallas. The purchase closed December 15, 2014. The price was not disclosed. Located at 1801 Broadway, Trinity Place is a 195,753 […]
Move gives OmniTRAX first venture in Oklahoma OmniTRAX Logistics Services leases transload facility to support growth DENVER – Sand Springs Railway Company is being acquired by Sand Springs Holdings, LLC, a managed affiliate of OmniTRAX, Inc., one of the largest privately held rail service companies in North America. The Sand Springs Railway, which runs freight service between Sand […]