Element hotel

Avison Young sells Golden Triangle lot for new hotel

Avison Young handled the sale of 1350 Elati St., a 0.68-acre site at 13th Avenue and Elati in the heart of downtown Denver’s Golden Triangle neighborhood for development of an Element hotel. Avison Young Principal Rick Egitto represented the seller, 1350 Elati LLC, in the transaction. A private entity, 1350 Elati LLC sold the site for $3.6 million to…

CREJ

February 3, 2017
2000 Taylor

Sierra Nevada leases 101,000 square feet at CTC

Etkin Johnson Real Estate Partners, a Denver-based developer, has leased 101,000 square feet of industrial space to Sierra Nevada Corp. The speculative flex building, located at 2000 Taylor Ave. in the Colorado Technology Center in Louisville, was completed in late 2016. The facility has an environmentally friendly design including green features such as an energy efficient HVAC system, skylights…

CREJ

February 2, 2017

Why we are not buying office product in Denver

For many commercial real estate investors, the ever evolving Denver market may appear to be in its prime for office properties. Topping the Forbes list of best places for businesses and careers for the second year in a row and still experiencing a surging tech

CREJ

February 1, 2017

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

Edited by the Colorado Real Estate Journal staff.