ETuk owners buy buildings at former Robinson Dairy site

The owners of Denver-based eTuk USA, which makes electric rickshaws, bought two buildings at the former Robinson Dairy property in Denver for $5.25 million, or $121.65 per square foot. There currently are tenants in both buildings, so, “It’s starting more as an investment play for them,” said Colin Clancy of Broad Street Realty, who represented…

Jill Jamieson-Nichols

October 18, 2019

Premier Members Credit Union buys 360 Interlocken Blvd.

Premier Members Credit Union recently purchased an Interlocken office building with plans to centralize its administrative and support services functions from several existing facilities. The credit union paid $11.62 million, or $225 per square foot, for 360 Interlocken Blvd., a 51, 659-sf building in the Broomfield business park. It will move into the building in…

Jill Jamieson-Nichols

October 18, 2019

Local group picks up value-add building in Inverness

A local investment group picked up a value-add office building in Inverness Business Park for $6.5 million. I 23 LLC bought the 56,465-square-foot building at 23 Inverness Way East in Englewood for $115.12 per sf. It was just over 65% occupied at the time of the sale. “This investment group is going to reposition the…

Jill Jamieson-Nichols

October 18, 2019

Checkr leases 92,447 sf at 18th Street Atrium

Checkr Inc. signed an 11-year lease for 92,447 square feet of office space at the 18th Street Atrium in Lower Downtown. The San Francisco-based background check company selected Denver for its second headquarters earlier this year and has been operating out of co-working space. The first phase of build-out at the Atrium, located at 1621…

Jill Jamieson-Nichols

October 17, 2019

Boulders achieves record, offers opportunity

The Boulders achieved what appears to be a record price for a 1990s apartment community, giving the buyer a unique opportunity to add value in a high-barrier-to-entry market. Global real estate company Heitman paid $62.5 million for the 161-unit community at 2850 Kalmia Ave. in Boulder. The price per unit, $388,199, is believed to be…

Jill Jamieson-Nichols

October 17, 2019

Broe Real Estate adds to growing medical office portfolio

Broe Real Estate Group is continuing its momentum in the medical office arena with the acquisition of a 41,030-square-foot office building on 4.66 acres in Littleton. Broe plans to repurpose the office building at 1501 W. Mineral Ave. as medical office space to fill a growing need for medical services in Douglas County. Douglas County’s 19.4% growth since 2010 has outpaced every other metro Denver county, creating increased demand for medical services, the company said.

Jill Jamieson-Nichols

October 15, 2019

Occidental Petroleum building in Platteville fetches $32.5 million

A mission-critical operations center in the center of the Denver-Julesburg Basin sold for $32.5 million, or $282 per square foot. Occidental Petroleum Corp., formerly Anadarko Petroleum Corp., occupies the 114,524-square-foot building, which is located at 501 N. Division Blvd. in Platteville. John Jugl, Newmark Knight Frank vice chairman, Western Region Capital Markets, represented the seller,…

Jill Jamieson-Nichols

October 14, 2019

LaSalle buys CenterCore Distribution Center for $45.25M

LaSalle Investment Management made its first industrial property acquisition in the Denver market in many years with the $45.25 million purchase of a Class A distribution facility on the central Interstate 25 corridor. LaSalle paid $181.56 per square foot for CenterCore Distribution Center, a two-building, 249,228-square-foot property at 5725 and 5775 N. Broadway in Denver.…

Jill Jamieson-Nichols

October 14, 2019

Tritower Financial acquires GHX headquarters in Louisville

A Boston-based real estate investment and management company added to its Boulder County portfolio with the $21.2 million purchase of the GHX World Headquarters in Louisville. Tritower Financial Group bought the 106,877-square-foot building at 1315 W. Century Drive from Lexington Realty Trust for $198.36 per sf. “This is our fourth investment in Boulder and the route 36 corridor. We love the market, and we thought there was a great opportunity to buy this building and help GHX grow in the market, and in the building itself,” said Tod Brainard, Tritower partner and director of acquisitions.

Jill Jamieson-Nichols

October 14, 2019

Broadway Station inks deal for up to 1 million-sf corporate campus

A developer of corporate build-to-suit office campuses is positioned to create up to 1 million square feet of Class A office space on approximately 9 acres at Broadway Station. KDC, which has developed campus projects for companies including JPMorgan Chase, State Farm and Toyota, formed a joint venture with Broadway Station wPartners to develop four…

Jill Jamieson-Nichols

October 11, 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.