Granite Properties buys Regency Plaza for $71.25 million
Granite Properties has acquired Regency Plaza, a 319,000 square-foot, Class A, LEED Gold certified office building in the Denver Tech Center. Granite will reposition the building through significant planned improvements to enhance the customer experience. Tim Richey, Mike Winn, Jenny Knowlton, Charley Will and Chad Flynn of CBRE represented the seller, Barings, one of the world’s largest diversified real estate investment managers, on behalf of institutional investors. Stephanie Lawrence, senior managing director, Paul Bennett, senior director of investments, and Patrick Miller, investment associate, of Granite Properties represented Granite. Bob Whittelsey and Abby Patillo of Colliers International will lead the leasing of Regency Plaza. “Regency Plaza is a trophy asset with an incredible presence in the Denver Tech Center,” said Lawrence. “We look forward to repositioning Regency Plaza through a significant improvement plan designed to meet the needs of today’s workforce,” she added.
Kris Oppermann Stern
September 12, 2019JE Dunn Construction wins USAFA Cadet chapel renovation in Springs
JE Dunn Construction was selected to renovate the U.S. Air Force Academy Cadet Chapel in Colorado Springs. Considered one of the most recognized icons in the United States and most visited Colorado landmarks, the USAFA Cadet Chapel was built in 1963 and designed by Skidmore, Owings and Merrill of Chicago.
Kris Oppermann Stern
September 8, 2019DPC to jazz up retail corner at latest Cherry Creek building
DPC Cos. already is at work on its latest acquisition in Cherry Creek – the 122,788-square foot office building at 400 S. Colorado Blvd. in Glendale. “Literally the day we closed we went in and started demoing the tired, obsolete spaces,” said DPC President Chris King, whose company has repositioned three other Cherry Creek assets.…
Kris Oppermann Stern
September 7, 2019Walmart, Sigma leases lead to next building at 76 center
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Kris Oppermann Stern
September 6, 2019Etkin Johnson lands space, satellite company for 80,132 sf
Etkin Johnson Real Estate Partners has landed a spacecraft and small-satellite company for an 80,132-square-foot office/flex building in Lafayette. Boulder-based Blue Canyon Technologies, which builds satellites as well as spacecraft for government, commercial and academic missions, leased 2550 Crescent Drive, a two-story building at Lafayette Corporate Campus. It will relocate to the property in the…
Kris Oppermann Stern
September 6, 2019Office condos to offer ‘home away from home’ in CTC
What if work were a home away from home? That’s the idea behind a luxury office condominium development in Louisville, a place with percolating ponds, expansive Front Range views and a “grotto” versus a lobby. Michael Eisenstein of Land Capital LLC, in partnership with Jason Collier, expects to break ground in approximately nine months on…
Kris Oppermann Stern
September 6, 2019New owners of Fox North site ‘excited to get started’
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Kris Oppermann Stern
September 1, 2019GH Phipps, CSU break ground on ‘Bug Lab’ in Fort Collins
GH Phipps recently broke ground on Colorado State University’s Center for VectorBorne Infectious Diseases, fondly referred to by the team as the “Bug Lab,” the new $22 million, 41,000-square-foot research facility.
Kris Oppermann Stern
August 30, 2019Perlmutter buys land for SE development
Jordon Perlmutter & Co. has acquired 21.95 acres of land at Lincoln Executive Center in Centennial for development of approximately 300,000 square feet of industrial space. An affiliate, JP Grove LLC, paid $1.4 million for the property at East Caley Avenue and South Kenton Street, where it plans to develop four high-image buildings, likely in…
Kris Oppermann Stern
August 30, 2019Boston developer buys ‘Main & Main’ for $700 per sf
One of the most talked-about development sites in downtown Denver sold for $700 per square foot – a price that would put the some of the city’s top office buildings to shame. But 650 17th St. isn’t the kind of site they make anymore. “We’re starting to get totally built out. There are very few…
Kris Oppermann Stern
August 30, 2019