Smucker to build sandwich manufacturing facility

The J.M. Smucker Co. will build an additional Smucker’s Uncrustables sandwiches manufacturing facility in Longmont. Construction of the facility will start in spring 2017 with production expected to begin in calendar year 2019. Neither the location nor size of the facility was released. Construction is contingent on the approval of tax and business incentives and the closing…

CREJ

January 31, 2017
Los Chingones

Suburbs clamor for urban restaurant concepts

During recent conversations with chefs and restaurateurs who are competing for patrons in Denver’s urban core, I learned that the going is highly competitive. And it’s no wonder. Literally dozens of restaurants opened in downtown Denver’s urban neighborhoods

CREJ

January 27, 2017
Denver total retail market balance

Denver’s tale of 2 different retail markets

In the seven years since the downturn in 2009, Denver’s retail market has tightened considerably from the high of nearly 10 percent vacant space. Despite an improving national economy, corporate closings have continued – notably Safeway in 2015 and Sports

CREJ

January 27, 2017

Integrated Properties buys Signature Centre

CBRE Group Inc. announced the sale of Signature Centre, an 185,920-square-foot Class AA office property located at 14143 Denver West Parkway in Golden. Tim Richey, Mike Winn, Chad Flynn and Jenny Knowlton of CBRE Capital Markets Institutional Properties represented the seller, HQ Capital Real Estate LP of New York on behalf of TRIUVA. Integrated Properties…

CREJ

January 26, 2017

Colorado second in nation in LEED

In 2016, Colorado moved from fifth to second place with a total of 92 LEED certified-projects representing 3.17 gross square feet of certified space per resident.

CREJ

January 25, 2017

Amazon to open 1 million-sf fulfillment center

Amazon.com Inc. announced plans to open its first fulfillment center in Colorado. The 1 million-square-foot facility in Aurora is expected to create more than 1,000 new full-time jobs, which is in addition to the hundreds of associates currently employed at the Amazon sortation center in Aurora. “We are excited to create 1,000 new full-time jobs in Colorado that pay 30 percent higher than traditional retail…

CREJ

January 23, 2017

Poulter joins Alberta Development

Alberta Development Partners recently announced that real estate veteran Craig Poulter has joined the company as president and chief financial officer.

CREJ

January 23, 2017
Scala building

NexusTek signs 16,000-sf lease in Greenwood Village

Technology services firm NexusTek signed a lease for 16,000 square feet at Scala, a 95,000-sf office building located at 5889 Greenwood Plaza Blvd. in Greenwood Village. Six months following the building renovations, Scala’s tenant base is now 30 percent technology-focused companies. Transwestern’s Senior Vice Presidents Andrew Piepgras and Peter Thomas represented the building owner, Elion…

CREJ

January 17, 2017

Lessons learned from a day in the life at a senior living community

For 24 hours, I became a wheelchair-bound individual with the following health conditions: mild dementia, chronic obstructive pulmonary disease and a fractured hip, and I was to become a resident at a local senior living facility – a project I had designed five years prior.

CREJ

January 15, 2017

Proposed valuation regulations may affect real estate entities

Traditionally, estate planning for real estate ownership has taken advantage of the availability of discounts for lack of control and lack of marketability.

CREJ

January 15, 2017

Edited by the Colorado Real Estate Journal staff.