Crossroads office building sells at near-record price per sf
An 11,978-square-foot office building in eastern Loveland sold for $4.05 million, representing a near-record price of $338.37 per sf. SRI Investments/Stucco Rite Inc., a Colorado-based investment company, sold the multitenant, Class A building at 4090 Clydesdale Parkway to First American Exchange Co. Jared Goodman “The beautiful building has attracted quality tenants and is at the…
Kris Oppermann Stern
April 2, 2020Hord Coplan Macht, Haselden team for FRCC’s Health Care Careers Center
Design-build team Hord Coplan Macht and Haselden Construction are underway on Front Range Community College’s new Health Care Careers Center. The 61,000-gross-square-foot center located on the Larimer campus in Fort Collins consolidates the college’s health sciences programs into one state-of-the-art facility that accommodates a multidisciplinary health care curriculum to address key health care workforce needs in Northern Colorado.
Kris Oppermann Stern
March 30, 2020Crescent pays $16.25 million for Flatiron Park building
Crescent Real Estate LLC added to its sizable portfolio in Flatiron Park with the $16.25 million acquisition of a two-story office building. Crescent, through GPIF 5777 Flatiron LLC, bought 5777 Central Ave. from BMC Properties LLC, a Chrisman Commercial affiliate. The acquisition brings Crescent’s Flatiron Park portfolio to more than 900,000 square feet in some…
Kris Oppermann Stern
March 30, 2020Manager guidelines for dealing with a pandemic
As the situation rapidly evolves, managing properties during the COVID-19 outbreak is challenging. However, with the number of confirmed cases in Colorado increasing each day and Gov. Jared Polis
Kris Oppermann Stern
March 30, 2020DPC Cos. buys 4601 DTC from longtime owner LBA Realty
LBA Realty parted with a Class A office building that it had owned for more than 20 years. LBA sold 4601 DTC Blvd. to Denver-based DPC Cos. for $46 million. The 249,449-square-foot building is located in the northern end of the Denver Tech Center, an area in which DCP has been active over the last…
Kris Oppermann Stern
March 30, 2020TerraCap buys Cherry Creek Plaza at $54.5 million
TerraCap Management LLC continues to build its Denver portfolio, acquiring Cherry Creek Plaza I and II for $54.59 million, or $162.93 per square foot. The 335,059-sf office property is the Florida-based company’s third acquisition in just over six months. TerraCap bought Denver Corporate Center II and III for $71.71 million last August, following up with…
Kris Oppermann Stern
March 29, 2020Denver industrial building trades in $4.14M sale-leaseback
An industrial building off of South Santa Fe Drive in Denver traded for the full asking price of $4.14 million in a sale leaseback. PB Enterprises LLC sold the 31,357-square-foot building at 2401 S. Delaware St. and executed a five-year leaseback with two five-year options. Weathersure Systems Inc., a roofing company, occupies the property. There…
Kris Oppermann Stern
March 22, 2020Interlocken office building changes hands
A diverse group of investors purchased a multitenant flex/research-and-development building in Broomfield in an $11.2 million transaction. The 65,127-square-foot building at 295 Interlocken Blvd. was 100% occupied by tenants that include environmental consulting firm SWCA Inc., software company Nutrislice Inc. and a variety of other tenants in the technology, food and transportation industries. Silverwood Investments…
Kris Oppermann Stern
March 20, 2020Howell Construction completes Comcast’s corporate office renovation in Denver
Howell Construction completed Comcast’s occupied, 135,000-square-foot corporate interior renovation, as well as the removal and replacement of the parking lot at its Denver Iliff location. Howell worked with Comcast, JLL and Acquilano to develop a project plan that executed the client’s vision on time and within budget.
Kris Oppermann Stern
March 15, 2020Data center company buys Highfield building for $13.46M
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Kris Oppermann Stern
March 15, 2020