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Places

Places power focus of CPI conference

Places are powerful. Places will take front stage at the four-day Saving Places conference that kicks off Jan. 31 at the Colorado Convention Center. Last year, the Saving Places conference, sponsored by the nonprofit Colorado Preservation Inc., drew about 750 people. Architects, developers, planners, preservationists and others came from 40 Colorado counties and 17 states.…

Kris Oppermann Stern

January 10, 2018
1144 15th

Preleasing at new tower on fast track with Chipotle deal

A 152,000-square-foot headquarters deal will bring preleasing at 1144 Fifteenth Street to 65 percent, well ahead of what its developer anticipated at this point in time. Chipotle Mexican Grill signed a 15-year lease for floors 20 through 24 of the 671,101-sf tower. The building will accommodate all 450 Denver-based Chipotle employees in a single location.…

Kris Oppermann Stern

January 8, 2018
Straka

Straka shaped Denver

In August 1990, I walked a desolate row of Lower Downtown Denver scattered with broken wine bottles scattered by street people, warehouses, auto body shops and brown fields that would have been green if anyone cared enough to water them. It was part of my Who Owns the Block series at the Rocky Mountain News.…

Kris Oppermann Stern

January 8, 2018
Union Denver

Whole Foods a big anchor for Union Denver

Union Denver, a luxury apartment community anchored by a long sought-after downtown Whole Foods Market, is scheduled to be completed in February, when the third residential tower opens. The first residential tower opened in May and the second tower in September, but it was the flagship, 50,000-square-foot Whole Foods Market that opened in mid-November that…

Kris Oppermann Stern

January 3, 2018
Granite Place at Village Center

Granite Place achieves record price per square foot

Granite Place at Village Center set a new high-water mark for southeast suburban office product at a sales price of $423.78 per square foot. Arapahoe County records show Crestone Partners and an institutional partner paid $126.95 million for the newly completed Class AA building, a speculative project that was fully leased prior to delivery. Granite…

Kris Oppermann Stern

December 31, 2017
Timberline self-storage

Self-storage company adding 1,700 units in three NoCo projects

A company that develops self-storage facilities in Colorado and Texas is continuing a push into the Northern Colorado market. Grow Your Storage Development LLC recently opened the 541-unit Timberline Self Storage and is starting construction of South College Self Storage, with 708 units, both in Fort Collins. The company also is in the entitlement process…

Kris Oppermann Stern

December 31, 2017

Greenwood Village office tower sells to Crestone for $126.9 million

Arapahoe County Address: 5175 S. Willow St., Greenwood Village, “Granite Place at Village Center” Land Size: 5.24 acres Improvements: 10-story, 299,702-sf office building, YOC 2017 Date of Recording: 12/13 Reception No.: D7141073 Price: $126.95M, or $423.59 psf Grantor: GPI-DTC LP, Stephanie Lawrence, slawrence@graniteproperties.com Grantee: Granite Place LLC c/o Crestone Partners LLC, Robert T. “Bob” Flynn…

John Winslow

December 29, 2017
Downey

Downey – Disney influence in Denver

Downey and Disney. Tim Downey is a huge fan of Walt Disney. Downey, the founder of Nashville-based Southern Land Co., even knew that Walt Disney was a major investor in the former Celebrity Lanes, a massive entertainment center with an 80-lane bowling alley, indoor swimming pool and restaurants that once stood at South Colorado Boulevard…

Kris Oppermann Stern

December 20, 2017
Partners Group

Partners Group HQ lands in Interlocken

Partners Group is on a roll. The global private market management firm, based in Baar, Switzerland, has more than $66 billion in assets under management. Its latest financial report shows the Partners Group, with investments in private equity, real estate, infrastructure and debt, booked a 24.75 percent year-over-year increase in revenues and a 41.6 percent…

Kris Oppermann Stern

December 18, 2017
Platte Fifteen & Riverpoint campus

Platte Fifteen a distinctive first in Denver

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

December 17, 2017