Perlmutter launches office building in River North

Paradigm River North, with 192,000 square feet of creative space, is the latest office building planned for River North. The eight-story building by Jordon Perlmutter & Co. is targeted for a 31,255-sf site at 3400 Walnut St. It will feature 25,000-sf floor plates, 12,000 sf of curated ground floor retail/restaurant space, and extensive private terraces and balconies.

Jill Jamieson-Nichols

December 7, 2019

Moncrieff Business Center sells for $9.9 million

Berkeley Partners sold a 101,406-square-foot industrial building that was part of a portfolio it acquired early this year after working with CBRE to bring the building to 100% occupancy. Moncrieff Business Center, located at 14603 E. Moncrieff Place in Aurora, sold to Zurich Alternative Asset Management for $9.9 million, or $97.63 per sf. New York-based…

Jill Jamieson-Nichols

December 5, 2019

Nurturing talent at heart of Schnitzer West office towers

Schnitzer West has announced plans for three 16-story office towers designed to appeal to millennial workers migrating to the suburbs in search of housing and easy commutes. Westray, born from the idea of looking west, will consist of approximately 850,000 square feet of Class A office space on 11 acres at 6363 Greenwood Plaza Blvd. in Centennial. The site is across the street from Fiddler’s Green Amphitheatre and just west of the Arapahoe at Village Center lightrail station.

Jill Jamieson-Nichols

December 4, 2019

Corum to develop 400,000 sf in central, SES submarkets

Denver-based Corum Real Estate Group will develop a combined 400,000 square feet of speculative industrial space on two sites it acquired in metro Denver. Gateway Central 64 will be located at 2101 W. 64th Ave. in Adams County, just north of the Interstate 76 and Pecos Street interchange. It will consist of two front-park, rearload…

Jill Jamieson-Nichols

December 1, 2019

Meadows office/retail center changes hands at $9.62M

A 1031 exchange buyer paid $9.62 million, or $369.53 per square foot, for Meadows Town Center I, a 26,033-sf office/retail property in Castle Rock. Located at 3911 Ambrosia St., at the entrance to The Meadows community, Meadows Town Center I includes two buildings connected by a second-floor hallway. The buildings are 100% leased to five…

Jill Jamieson-Nichols

December 1, 2019

Partnership sells three medical office buildings

A local partnership that buys and repositions troubled medical office buildings reaped the rewards of its efforts with the $31.2 million sale of three of its 12 buildings in metro Denver and Colorado Springs. American Healthcare Investors, which manages health care real estate valued at more than $4 billion, bought the buildings from a partnership that includes Neil Littmann and W. Scott Reichenberg of Signature Partners Inc. and The Colorado Group, and James Turpen and Virginia Hartmere of Centum Health Properties Inc.

Jill Jamieson-Nichols

December 1, 2019

Denver industrial building with yard fetches $10.6 million

A single-tenant industrial building with 3 acres of yard – a property type that’s difficult to find in the Denver market these days – sold for $10.6 million, or $109.46 per square foot. Lincoln Advisory Group bought the property at 5555 Joliet St. in Denver on behalf of the state of Oregon’s pension fund. Key…

Jill Jamieson-Nichols

December 1, 2019

Lowe pays $62.25M for 7979 E. Tufts Ave. in Denver

Los Angeles-based Lowe purchased 7979 E. Tufts, an 18-story office tower in the Denver Tech Center, for $62.25 million, according to Denver County records. Also known as Stanford Place II, the 366,184-square-foot Class A office building is located off Interstates 25 and 225. Western Union is a major tenant. “Denver is a solid office market…

Jill Jamieson-Nichols

November 30, 2019

Crossroads becomes Havana 37 after $14.75 million sale

A 1970s industrial property on the Interstate 70 corridor in Denver changed hands at $14.75 million, or $98 per square foot. BKM Capital Partners bought the 150,245-sf Crossroads Distribution Center from Denver based Kew Realty. BKM, a Newport Beach, California-based institutional fund manager, will spend approximately $1.2 million on capital improvements to the property at…

Jill Jamieson-Nichols

November 25, 2019

Indoor sports facility, flex space planned next to Smucker’s

A new industrial/flex development anchored by an indoor sports facility is being kicked off across the street from the Smucker’s plant in Longmont. Sandstone Business Complex LLC, a local ownership/development group, has plans to develop an approximately 50,000-square foot indoor sports facility along with four flex buildings on a nearly 7-acre site on Highway 119…

Jill Jamieson-Nichols

November 22, 2019

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of Golden's community newspaper, The Golden Transcript. Jill earned a bachelor’s degree in mass communications from Colorado State University-Pueblo. When she's not keeping you up-to-date on the latest happenings in Colorado's commercial real estate market, Jill can be found cross-country skiing, exploring the outdoors with her dog, playing piano, reading, or hanging out with family and friends.