Lakewood Real Estate Update: Key Apartment and Nursing Home Deals for July 10, 2026
Lakewood, a vibrant city in Colorado, is currently witnessing significant activity in its commercial real estate market. Recently, TruAmerica Multifamily made headlines by acquiring the WestLink at Oak Station, a 244-unit apartment complex located at 1665 Pierson St. for an impressive $71.55 million. This purchase, made from Lakewood Multifamily DST, is part of TruAmerica's plan to enhance the property with modern renovations, including new plumbing, lighting fixtures, and smart thermostats, which will undoubtedly elevate the living experience for residents. In addition to TruAmerica's acquisition, Tiffany Square Preservation LP purchased the Tiffany Square Apartments for $20 million, further indicating a robust interest in Lakewood's multifamily housing sector. This transaction, involving properties at 935 Sheridan Blvd. and 5255 W. Ninth Ave., showcases the ongoing demand for quality rental units in the area. The local real estate market is not only thriving in the multifamily segment but also in smaller residential properties, as evidenced by 1220 Allison LLC's purchase of a 12-unit apartment building for $2.35 million. Moreover, Lakewood's commercial landscape is expanding with new leases. Denver West Realty Group and Salas O’Brien have both secured significant leases at 165 S. Union Blvd., indicating a growing interest from businesses in establishing a presence in this dynamic city. These developments reflect Lakewood's appeal as a desirable location for both residential and commercial ventures. Overall, Lakewood's real estate market is on an upward trajectory, characterized by substantial investments and a diverse range of property transactions. As renovations and new leases unfold, the city is poised to continue attracting residents and businesses alike, reinforcing its status as a thriving community in Colorado.
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