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Point Belleview

Point Belleview office/retail asset trades for $6.75 million

An owner who created a great turnaround story for an office/retail building in Aurora sold the property for $6.75 million, or $193 per square foot. Point Belleview, located at 5001 S. Parker Road, is a 34,806-sf, two-story building with excellent visibility along South Parker Road. The developer who completed the project in 2006 lost it…

Kris Oppermann Stern

February 10, 2016
La Loma

15-story tower planned for La Loma site

L&L Developments Inc. has filed a preliminary site plan with Denver Community Planning and Development for a 15-story, 713-unit multifamily tower on the La Loma Mexican restaurant site in the Jefferson Park neighborhood in Northwest Denver. The developer could not be reached for comment. However, Rafael Espinoza, who not only represents Jefferson Park, but lives…

Kris Oppermann Stern

February 4, 2016

Sidford Capital bets neighbors’ rising rents will benefit Uptown

An Uptown Denver office building that’s been under the same ownership for 18 years sold to a local group that expects to capture smaller tenants priced out of neighboring office submarkets.

Kris Oppermann Stern

February 3, 2016
Warehouse Central

Warehouse Central sells in rare central Denver investment deal

A San Francisco-based firm put up $24 million for the rare chance to buy a large, central Denver industrial property. An affiliate of Stockbridge Capital Group LLC paid $73.65 per square foot for Warehouse Central, a 325,858-sf building at 2400 W. Fifth Ave. The asset is 100 percent leased.

Kris Oppermann Stern

January 31, 2016
A Saturday at The Source photo

The resurgence of urban food markets

Urban food markets are having a moment. Following the August 2013 opening of The Source in River North, this year will see the opening of two new urban food markets – The Central Market at 2669 Larimer St., and Stanley Marketplace at 2501 Dallas St., in Aurora. Additionally, The Source’s marketplace is adding 20,000 square feet of space along with a 7,000-sf roof-deck beer garden and pool, as well as a 100-key connected hotel.

Kris Oppermann Stern

January 30, 2016
Panorama Corporate Center

Panorama Corporate Center fetches $190.62 million

Panorama Corporate Center has traded for $190.62 million in yet another blockbuster deal for the southeast suburban office market.

Kris Oppermann Stern

January 30, 2016

Partnership pays $8.04 million for MeadowView Village Center

A southwestern Longmont office/retail property sold to a local partnership for $8.04 million. Meadowview Center LLC paid $144.01 per sf for MeadowView Village Center, a three-building property at 600 S. Airport Road. The center consists of a two-story office/retail building and two single-story buildings with office, medical office and retail tenants, for a total of…

Kris Oppermann Stern

January 29, 2016
Ken-Caryl retail

Fuller brokers sell Ken-Caryl retail center

Dennis Carruth, the master-developer of Ken-Caryl Ranch, recently sold a retail center he developed in the master-planned community. Sageo LLC, headed by Oliver and Ann McBryan of Boulder, paid $3.75 million for the 14,390-square-foot Sagewood III center at 10065-10125 W. San Juan Way, just off Kipling Street, near C-470. The sales price equates to $260.60…

Kris Oppermann Stern

January 29, 2016
Apartment construction

Are Denver apartments overbuilt?

The Denver-area apartment market, which has benefitted by an unprecedented stretch of rising rents and falling vacancies, may finally be showing signs of falling back to earth. However, no one is predicting the type of apartment bust that followed other boom periods, two experts recently addressed the potential that more supply is being added than…

Kris Oppermann Stern

January 29, 2016
Villas at Parker.

Tupler, Simon arrange $31 million loan

Eric Tupler and Josh Simon of the Denver office of Holliday Fenoglio Fowler LP recently arranged a $31.2 million acquisition loan for Miami-based Advenir Inc. for its purchase of the 345-unit Villas at Parker. Records indicate Advenir paid $39 million for the community at 1090 S. Parker Drive in Denver. Records show that the seller,…

Kris Oppermann Stern

January 27, 2016

Kris Oppermann Stern is publisher and editor of Building Dialogue, a Colorado Real Estate Journal publication, and editor of CREJ's construction, design, and engineering section, including news and bylined articles. Building Dialogue is a quarterly, four-color magazine that caters specifically to the AEC industry, including features on projects and people, as well as covering trends in design, construction, interior design, development and more. Kris joined CREJ as an editor in 1998, after serving as editor of the Colorado Springs Business Journal. Kris earned her Bachelor of Arts, Journalism and Mass Communication, from the University of Colorado at Boulder. When not covering Colorado’s commercial AEC community, she enjoys Pilates, reading, traveling, walking her Golden Retriever and cheering on her hockey-playing son.