Green roofs supported by Zeppelin
Green roofs were on developer Kyle Zeppelin’s radar screen long before the initiative to require them on some buildings in Denver surfaced. The green roof initiative was adopted by Denver voters last month by an 8.6 percent margin. It was widely opposed by Denver’s development community, with Zeppelin being the most high-profile exception. “Denver developers…
Kris Oppermann Stern
December 11, 2017
Tryba addresses Sherman Street
Tryba time. I recently wrote about a proposed rezoning of at least three parking lots along a swath of Sherman Street at the edge of the central business district proposed by well-known architect David Tryba on behalf of Denver’s Dikeou family. Wednesday night, Tryba, one of Denver's most high-profile architects in Denver, unveiled what he…
Kris Oppermann Stern
December 6, 2017
Kentwood Commercial passion for Niederman
Kentwood Commercial is not just the latest commercial real estate brokerage launched in Denver. “Commercial real estate for me has always been a huge passion,” Peter Niederman, CEO of the new firm as well as the residential real estate firm that also shares the Kentwood name, told me last month. “I didn’t start Kentwood Commercial…
Kris Oppermann Stern
December 4, 2017
New owner to renovate, rebrand Dry Creek office buildings
An opportunistic investor picked up a pair of Englewood office buildings in an $18.2 million value-add deal. Dry Creek Property LLC, owned by a fund managed by Westport Capital Partners LLC, purchased 10700 and 10800 E. Geddes Ave. from Colony Northstar Inc. affiliate Dry Creek II & III Holdings-2 LLC. The buildings total 185,957 square…
Kris Oppermann Stern
December 4, 2017
Tritower secures third building leased to a defense contractor
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Kris Oppermann Stern
December 4, 2017
Western Union takes another 85,547 square feet in Denver
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Kris Oppermann Stern
December 4, 2017
MainStreet at FlatIron buildings change hands at $54.19 per sf
A Boulder investment group that paid $54.19 per square foot for MainStreet at FlatIron in Broomfield says the center’s vacant space already is drawing good activity. The group led by Scott Pudalov paid $5.08 million, or $54.19 per square foot, for the 93,657-sf office/retail center at 520 and 549 Zang St., across from FlatIron Crossing…
Kris Oppermann Stern
December 4, 2017
Cardinal comes home with $35M apartment purchase in Boulder
A Denver company with thousands of apartment units across the country paid $35 million, or $301,724 per unit, for its first Boulder asset. Cardinal Group Investments purchased Uptown Broadway from an affiliate of Los Angeles-based CityView. The transaction included 116 units in 10 buildings at 4590 13th St. Uptown Broadway also has 32 affordable-housing units…
Kris Oppermann Stern
December 3, 2017
Prentice Point trades at $34.98 million
The Prentice Point office building in the Denver Tech Center sold in a $34.98 million value-add deal. An affiliate of Rialto Capital Management, a Miami-based investment and asset management company, bought the 213,152-square-foot building at 5299 DTC Blvd. from a partnership of AllianceBernstein and SteelWave Inc. The building was 77.3 percent occupied, offering upside in…
Kris Oppermann Stern
December 3, 2017
Class A, 32-foot-clear industrial product to be delivered to corridor
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Kris Oppermann Stern
November 26, 2017
