When golf-ball-sized hail hit Lakewood and the surrounding areas May 8, the storm shattered records as the costliest hailstorm in the state's history, with auto and home insurance claims of $1.4 billion, according to the

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Condo fever is sweeping the Denver area market in the wake of legislators addressing the construction defect issue almost a year ago. JK – just kidding, as my daughter used to say when she was in elementary school. Last year and in 2016, condo construction represented a mere 6.7 percent of the residential homebuilding activity…

A nonprofit focused on sustainable energy is among tenants in what is being targeted as the first net-zero-energy development in Boulder County. Rocky Mountain Institute, which focuses on research and acceleration of sustainable energy use, has occupied 14,302 square feet at Boulder Commons, a 100,000-sf project at 2440 and 2490 Junction Place. The newly delivered…

An institutional investor paid $133.66 per square foot for a newly built, fully leased industrial building in Douglas County, which sold at a record low cap rate for the southeast industrial submarket. Lincoln Advisory Group, on behalf of a public pension fund client, bought 14150 Grasslands Drive for $13.5 million. The 101,000-sf building, known as…

Amazon is amazing. I admit it. I’m an Amazon junkie. I use Amazon Prime almost daily, it seems, to order everything from organic dog food to solar-powered lights. I’ve binged on Amazon originals like "The Man in the High Castle" and "The Marvelous Mrs. Maisel." I only wish I had followed the old Peter Lynch maxim to…

A group that took a Centennial office/flex building from cold-shell condition to 95 percent occupancy sold the property to a California buyer for $10.16 million. ME Landings LLC, made up of David J. Erb & Co. and Montex LLC, bought the 81,946-square-foot Centennial Technology Place at 6912 S. Quentin St. from a lender in 2011.…

Native American Bank will move its headquarters from a downtown Denver high-rise into a high-visibility building on Broadway in 2019. The bank bought the 13,730-square-foot building at 201 Broadway for $4.77 million with plans to retrofit it for its headquarters and its first true Colorado branch bank. Native American Bank is owned predominantly by Native…

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One of the world’s largest investment managers paid $51 million, or $104.94 per square foot, for a multitenant industrial portfolio in Denver and Golden. The 485,984-square-foot portfolio consisted of Bryant Street Quad and 6400 Broadway in central Denver, along with 16600 Table Mountain Parkway in Golden. UBS Realty Investors sold the 100-percent leased assets to…