Investors compete for Greeley retail center, which draws $5.45M
A 37,514-square-foot retail center in central Greeley sold to a California buyer in a competitive deal that closed at $5.45 million, or $145.28 per sf. CWC Income Properties 6 bought Centennial Commons, a three-building center at West 10th Street/U.S. Highway 34 and 35th Avenue, from West Greeley Associates LLC. Centennial Commons consists of buildings at…
Kris Oppermann Stern
November 26, 2017
Denver Public Schools exercises right, buys building for $11.1M
Denver Public Schools acquired an educational facility at 11200 E. 45th Ave. for $11.1 million, or $97.62 per square foot. High Tech Early College, along with DSST, a science and technology charter school, occupy the 113,705-sf building. Ed Options LLC was the seller. John Emmerling, senior adviser at Pinnacle Real Estate Advisors, said the school…
Kris Oppermann Stern
November 26, 2017
Sherman Street rezoning proposed
Sherman Street at the edge of downtown Denver would be allowed higher building height limits and more density under a proposed rezoning. The Sherman Street North Redevelopment Vision has been presented by Tryba Architects to a number of City Council members and neighborhood groups. Tryba Architects is representing the Dikeou family, which owns six parcels…
Kris Oppermann Stern
November 20, 2017
Ogilvie makes value-add play with Highlands Ranch building
Denver-based Ogilvie Properties Inc. bought a Highlands Ranch office building with plans for improvements to the property – and the occupancy. The 76,369-square-foot building, located at 8822 S. Ridgeline Blvd., was 70 percent leased to eight tenants at the time of the $8 million sale. “It was the old headquarters for Mission Viejo, so it’s…
Kris Oppermann Stern
November 19, 2017
Brennan enters Denver market with 150,000-sf industrial bldg.
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Kris Oppermann Stern
November 19, 2017Pearl Street properties sell for $4.6 million
Boulder-based Element Properties made two long-term strategic acquisitions on Pearl Street for $4.6 million. The company paid $3 million for 2116 Pearl St., a 4,634-square foot building on 19,600 sf of land, and $1.6 million for 2126 Pearl, which comprises 3,972 sf on a 10,000-sf site. Espressoria and Alchemy Face Bar occupy the building at…
Kris Oppermann Stern
November 19, 2017
Winners of Mayor’s Design Awards
Winners of the 2017 Mayor’s Design Awards showcased an eclectic mix of commercial, residential and events that help to shape Denver's urban fabric.. The 16 winners included office buildings, restaurants, retailers and homes. “We are here to celebrate the projects that are getting it right,” Denver Mayor Michael B. Hancock said about the winners in…
Kris Oppermann Stern
November 15, 2017
Life insurance cos. way to go for MF loans, Keepper says
Life insurance companies increasingly are a better option than Fannie Mae or Freddie Mac for investors buying apartment buildings, according to veteran mortgage banker Peter Keepper. Freddie and Fannie, known as government sponsored enterprises, or GSEs, have been the single biggest lenders for multifamily acquisitions in Denver and across the U.S. in recent years. Keepper…
Kris Oppermann Stern
November 13, 2017
Fund invests $23.46 million in Boulder assets
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Kris Oppermann Stern
November 12, 2017
Yankee Doodle Plaza among office developments showcased on tour
John Madden Co.’s first office development in a decade comes with a pride in patriotism. Yankee Doodle Plaza is a seven-story, 210,000-square-foot Class A office building projected to break ground at South Fiddlers Green Circle and Greenwood Plaza Boulevard in mid-2018. The Greenwood Village project was among several new, under construction and planned southeast suburban…
Kris Oppermann Stern
November 12, 2017





