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Northstar completes value-add with $39.67M sale

Northstar Commercial Partners added value to a pair of Aurora office buildings and sold them for twice what it paid. Cherry Creek Place I and II sold for a total of $39.67 million. Northstar had owned Cherry Creek Place II at 3190 S. Vaughn Way since 2009, when it paid $4.6 million for the asset.…

Kris Oppermann Stern

July 15, 2018
the wyatt

Vaught Frye Larson Aronson designs The Wyatt

WestCorp Management Group, alongside its client Terra Development Group, recently broke ground on The Wyatt, a luxury apartment community located at the intersection of Harmony Road and Strauss Cabin Road in Fort Collins.

Kris Oppermann Stern

July 15, 2018
6300 Clermont

Flywheel Capital buys Commerce City industrial building

A rail-served industrial property in Commerce City changed hands at $5.1 million. Denver-based Flywheel Capital purchased the Intsel Steel West building at 6300 Clermont St. from McCallin Real Estate LLC. The 4.39-acre site includes a 59,638-square-foot warehouse with 2,492 sf of office space, plus a 5,306-sf freestanding office building. The property offers a compelling mix…

Kris Oppermann Stern

July 15, 2018
Centennial Business Park

Investment group pays $11.1M for Centennial industrial bldg.

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

July 13, 2018
Englewood

Englewood poised to take off

Englewood has been flying below the radar for a long time. Now, Englewood’s commercial core is poised to be begin the process of being re-invented as a revitalized and walkable transit-oriented, mixed-use development site. Indeed, Englewood’s 55-acre CityCenter already is a pioneering transit-oriented developmet (TOD) in the Denver area. Development within a half-mile of a…

Kris Oppermann Stern

July 12, 2018
nine dot

Neoera completes design for NINE dot ARTS’ new headquarters in Lower Highland area

Neoera recently completed architecture and interior design for NINE dot ARTS’ new 6,400-square-foot headquarters located at 3734 Osage St. in Denver’s Lower Highland neighborhood. “We worked closely with NINE dot […]

Kris Oppermann Stern

July 9, 2018
Mortgage

Mortgage banking book part Denver history, memoir

Mortgage bankers financed much of what is Denver. Mortgage lenders, working with banks, insurance companies and government agencies, financed many commercial buildings and apartments in Denver and nationwide. Veteran mortgage banker E. Michael Rosser chronicles the history of the mortgage industry in Denver and beyond in his new, 372-page book, “A History of Mortgage Banking…

Kris Oppermann Stern

July 9, 2018
1150 catamount drive

CBD company leases Golden building for HQ & operations

A Boulder cannabinoid company leased a former GE Healthcare building in Golden for its headquarters and operations. Boulder Botanicals & Bioscience Labs leased the 26,180-square-foot facility at 1150 Catamount Drive with an option to buy the building. The property will serve as headquarters for several other sites throughout Colorado, including a 70-acre hemp farm in…

Kris Oppermann Stern

July 8, 2018
Springhill Business Center

Springhill Business Center trades to local group for $6.3 million

Spinghill Business Center, a multitenant industrial property in Aurora, sold to a local investment group for $6.3 million, or approximately $96 per square foot. Ohio Senior Housing Properties LLC, which traditionally has been an apartment owner but is venturing into other asset types, purchased the property at 909-943 Telluride St. and 908-950 Salida Way. The…

Kris Oppermann Stern

July 8, 2018
Sherman Center

Longmont retail center changes hands for $3.84M

A 20,163-square-foot retail center at the northwest corner of Ken Pratt Boulevard and Sherman Drive in Longmont sold for $3.84 million. Developer David Chaknova of Nova Sherman LLC and Nova Sherman AZ LLC sold Sherman Station to Valley Interests LP. AutoZone and the St. Vrain Valley Habitat for Humanity ReStore occupy the center on long-term…

Kris Oppermann Stern

July 8, 2018

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.