Multifamily market cools to steady, sustainable pace
Entering 2017, the rapid acceleration of Denver's multifamily market seems to be cooling. Yet, it’s not doom and gloom but, rather, a settling back onto familiar ground. Before diving into what experts around the industry are saying, here are some current statistics to keep in mind
Kris Oppermann Stern
February 10, 2017Marijuana laws haven’t scared employers
Economic development guru Tom Clark was worried that when recreational marijuana could legally be sold in Colorado, it would snuff out the strong economic surge sweeping the Front Range. “We were terrified,” said Clark, the CEO of the Metro Denver Economic Development Corp., a post he will be leaving when he retires in March. Clark…
Kris Oppermann Stern
February 9, 20171515 Wynkoop earns LEED Platinum certification
Hines and Invesco Real Estate announced that 1515 Wynkoop earned Platinum certification under the U.S. Green Building Council’s LEED rating system for existing buildings. Completed in 2009 and owned by a separate account pension fund client of Invesco Real Estate, 1515 Wynkoop is
Kris Oppermann Stern
February 7, 2017Retail conference on tap
A recent front page headline in the Wall Street Journal read: "Mall Owners Rush to Get Out of the Mall Business." The article compared the current state of the mall ownership business to the recent housing crash. Another nationwide report, the 2017 Emerging Trends, from the Urban Land Institute ranked regional malls dead last of…
Kris Oppermann Stern
February 7, 2017Trump connects with Morean
Richard Morean recently was enjoying lunch with some real estate buddies at Seasons 52 Wine Bar & Grill in Park Meadows. No surprise, the conversation turned to politics among the friends, who lean both to the right and the left of the political spectrum. “Hey, remember that article about you, 'Trump’s loss is Denver’s gain'?”…
Kris Oppermann Stern
February 2, 2017Rebchook Real Estate Corner brought to you by CREJ
Rebchook Real Estate Corner is a new column by John Rebchook that can be found at CREJ.com. Welcome to my new commercial real estate column at CREJ.com Jon Stern, owner and publisher of CREJ, has given me the opportunity to look under the hood of all aspects of commercial real estate with my column, the Rebchook…
Kris Oppermann Stern
January 31, 2017Genesee Point office building sells off market
Real Capital Solutions sold the Genesee Point office building for $5.98 million, a significant increase from the price it paid for the asset in 2012. The Fellowship of Catholic University Students bought the 59,693-square-foot building. The organization has outgrown its existing space in Genesee and will expand into the building. Louisville-based Real Capital Solutions bought…
Kris Oppermann Stern
January 30, 2017Felton Properties adds Class A asset to Meridian holdings
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Kris Oppermann Stern
January 30, 2017Triumph leases up Denver business center
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Kris Oppermann Stern
January 30, 2017McWhinney to develop second industrial spec building
Having leased up a new 83,890-square-foot building in Centerra Industrial Park in Loveland, McWhinney plans to develop a second building this year. “After the positive response to the first building on the campus, we recognize the need to provide additional industrial space in Northern Colorado,” Ashley Stiles, McWhinney vice president of development, said in a…
Kris Oppermann Stern
January 30, 2017