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Headline News

Greystar pays $119M for Thornton apts.

Greystar added another apartment asset to its portfolio with its purchase of Champions Park Apartments in Thornton. Greystar paid a reported $119 million, or $247,917 per unit, for the 480-unit community, renamed Avana Thornton Station. Eaton Vance’s real estate investment group, according to public records, sold the property, which it purchased in 2012 for $68.26 […]

Jennifer Hayes

July 13, 2020

Local buyer acquires Congress Park office property

A multitenant office property in Denver sold for $3.8 million. Colorado-based Fins Frathouse LLC purchased the 12,500-squarefoot Monroe Professional Building at 3570 E. 12th Ave. in the Congress Park neighborhood from seller Monroe Holdings LLC. Kevin Calame and Matt Lewallen, principals at Aqyre Real Estate Advisors, represented both sides of the transaction. The sale closed…

Jenna Walters

July 13, 2020

Rampart Center properties sell for $14.5M

Two adjoining buildings at the Rampart Center business park in Englewood sold for $14.5 million. California-based buyer Libitzky Property Cos. purchased two buildings totaling 99,600 square feet at 7173 and 7245 S. Havana St. from seller LBA Realty. The property sold for approximately $146 per square foot. Riki Hashimoto and Dan Grooters of Newmark Knight…

Jenna Walters

July 13, 2020

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Building Dialogue

Building a Mountain of Books in Sun Valley

In 1955, 17 visionary women from the Sun Valley, Idaho, area founded The Community Library as a privately funded, privately governed, nonprofit library. Over the past 40 years, the 27,000-square-foot mountain lodge-like structure originally constructed in 1976 had become swollen with a collection of nearly 160,000 items, reinforcing the community’s belief that people who touch…

Building Dialogue

July 12, 2020

CREJ Quarterlies

Recovery readiness in the ‘new normal’

At this point, you probably never need to hear the phrase “new normal” again, but the reality is all properties, and especially health systems’ facilities and medical office buildings, must operate differently for the foreseeable future. The details are innumerable, but it’s our duty to advise MOB investors and their tenants on recommended, fundamental operating…

CREJ

July 12, 2020

Conduct evaluations to gain valuable asset insights

The largest asset for many businesses is their building – the place where work is performed. Properly functioning buildings help businesses succeed while defective buildings cost ownership time and money.

CREJ

July 6, 2020

How to properly reopen your fitness amenities

As things around us start to come back to life with the lifting of stay-at-home orders, fitness centers are unlocking their doors with several new things to consider. Many of these items will revolve around safety

CREJ

July 3, 2020

Healthy building modifications that managers can implement now

What changes to commercial building design standards and building codes post-pandemic can we expect? The lessons we have learned over the past months should be leveraged as we identify a new

CREJ

June 29, 2020

Tips to ensure your building has safe, clean water

Since lifting its stay-at-home order on April 26, Colorado has been continuously working toward finding a new normal. Businesses are reopening but with restrictions still in place to prevent the spread of COVID-19

CREJ

June 28, 2020

Office absorbs a dual hit with COVID-19, oil prices

With the impact of COVID-19 still unfolding, much remains unknown about the future demand for office space. We know that downtown Denver’s office market was strong heading into the pandemic,

CREJ

June 22, 2020