City Office REIT purchases Circle Point Corporate Center
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Kris Oppermann Stern
August 13, 2018
Weitz tops out McWhinney’s SOVA in Uptown
The Weitz Co. took a major step toward delivering 211 new apartments in downtown Denver when it topped out SOVA, a 12-story multi-unit residential project for developer McWhinney in the city’s Uptown neighborhood.
Kris Oppermann Stern
August 12, 2018
Medical device company leases 105,561 square feet
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Kris Oppermann Stern
August 12, 2018
GE Johnson tops out Prism building in downtown Denver
The Prism building, which was designed by Davis Partnership Architect, is a nine-story, core-and-shell office building development being led by Shea Properties. The office building of more than 100,000 square feet completes the build-out of the block between 17th and 18th streets, along Curtis Street, and is directly adjacent to The Quincy.
Kris Oppermann Stern
August 6, 2018
Redstone Group buys Tamarac Plaza
Tamarac Plaza sold for more than $45.3 million, marking the Canadian buyer’s first investment in the Denver market. The acquisition gives Redstone Group, one of British Columbia’s largest private commercial real estate companies, 335,269 square feet of office space in three buildings along East Hampden Avenue, just off Interstate 25. The seller, Parallel Capital Partners…
Kris Oppermann Stern
August 6, 2018
Hotels hot topic for CREJ conference
Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue increase comes despite the total number of hotel room nights in the metro area…
Kris Oppermann Stern
August 6, 2018Airport submarket in 16th year of positive absorption
Denver’s industrial market has seen positive absorption every quarter for more than eight years, and rental rates have climbed to record highs. But even more impressive is what’s happened in the airport submarket – by far the largest industrial submarket in metro Denver. Although the 82.64 million-square-foot submarket had no new deliveries and just over…
Kris Oppermann Stern
August 2, 2018
Land demand hot topic for CREJ conference
Land demand along the Front Range is through the roof. In fact, there has never been a time in Denver area history when there has been so much interest to buy property for residential and commercial development, according to veteran land broker Mike Kboudi. “Demand is hot,” said Kboudi, a senior managing director in the…
Kris Oppermann Stern
August 1, 2018
Vacant flex building in Boulder changes hands at $202 per sf
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Kris Oppermann Stern
July 30, 2018
Has ‘mall’ become a dirty word?
As retail properties work to stay competitive and reinvent themselves to reflect changing consumer habits, has “mall” become a dirty word? Regional malls are “general merchandise or fashion-oriented offerings; typically, enclosed with inward
Kris Oppermann Stern
July 30, 2018
