Hawkeye Hotels zeroes in on metro Denver
A growing hospitality company hopes to begin construction late this year on a 12-story hotel in downtown Denver and also will bring additional hotels to the metro area. Iowa-based Hawkeye Hotels is planning approximately 380 rooms for a site it acquired early this year at 1320 Glenarm St. The project will include an approximately 205-room…
Kris Oppermann Stern
June 29, 2019
DDP: Downtown sees $5.7 billion in new development
More than $5.7 billion in 84 development projects were completed or broke ground in Denver over the past five years – and there’s more to come. The Downtown Denver Partnershipgave […]
Kris Oppermann Stern
June 27, 2019
H.W. Houston Construction, DLR Group deliver expanded Pueblo Convention Center
Last month, H.W. Houston Construction and DLR Group celebrated the opening of the expanded Pueblo Convention Center with representatives from the city of Pueblo and the state of Colorado.
Kris Oppermann Stern
June 23, 2019
Single-tenant industrial building with yard fetches $12.38M
A 52,000-square-foot industrial building on a nearly 8-acre site in Centennial changed hands at a price of $12.38 million. The state-of-the-art building at 7909 S. Chambers Road in Dove Valley Business Park was built in 2018 for a nationally recognized tenant, RoadSafe Traffic Systems. It sits on 7.94 acres with a large, fenced yard. Records…
Kris Oppermann Stern
June 21, 2019
Northwest 36 to create business incubator/office tech space
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
June 20, 2019
Howell Construction completes Western Union’s global headquarters
Howell Construction, Gensler and Jacobs recently completed Western Union’s global headquarters relocation project, referred to as “Project Hometown.” The Western Union Co. is a Fortune 500 financial services and communications company that is now headquartered in the Denver Tech Center.
Kris Oppermann Stern
June 16, 2019
Interest in Airways buildings is sky-high
Four Class A distribution buildings at Airways Business Center produced a feeding frenzy among investors before selling to a real estate investment trust for $48.27 million. Records show EastGroup Properties paid $126.32 per square foot for Buildings 2, 4, 5 and 6, which account for 382,137 sf of space in Denver’s leading industrial submarket. “I…
Kris Oppermann Stern
June 16, 2019
Local accountant ups his investments with Monaco Tower
A value-add office building in Glendale sold to a local accountant for $5.8 million, or $91.82 per square foot. Benjamin Borgers bought Monaco Tower, a six-story, 63,170-sf building at 925 S. Niagara St., from an entity managed by Stabilis Capital Management LP. Stabilis modernized the building systems and infrastructure after acquiring the property in 2014…
Kris Oppermann Stern
June 15, 2019
Karis Capital fills niches with two industrial developments
A Chicago area company that seeks to fill a niche with each of its projects has $85 million worth of industrial deals in the pipeline in Denver. Karis Capital is under construction on a 163,790-square-foot front-park, rear-load building with trailer parking for tenants as small as 40,000 square feet at 1910 N. Gun Club Road…
Kris Oppermann Stern
June 14, 2019
Loveland apartments sell in $206.5 million portfolio deal
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Kris Oppermann Stern
June 14, 2019
